PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Monte Vista

Monte Vista, CO · Cert 15556

FDIC

Q2 2002

$75.8MAssets
$28.2MLoans
$64.1MDeposits
$8.5MEquity
Loan mix
59%RE $6.7M41%C&I $4.7M0%Consumer $0.0MQ2 2001Q2 2002
Deposit mix
79%Interest-bearing $50.9M21%Noninterest $13.2MQ2 2001Q2 2002

NIM

7.35%Q1 ’017.02%Q2 ’015.34%Q2 ’02-4%-14%

Non-interest income vs. expense

3.77%Q1 ’014.29%Q2 ’013.39%Q2 ’02+15%-21%

Executive Summary

  • Earnings: ROA of 0.99%, up 86 bps year over year; NIM at 3.68%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 43.98% of deposits as of Q2 2002.

Financial Results

Return on Assets (YTD, annualized)

0.99%+86 bps YoY

Net Interest Margin (YTD, annualized)

3.68%-58 bps YoY

Efficiency Ratio (YTD, annualized)

84.66%-750 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets0.13%0.32%0.48%0.96%0.99%+86 bps
Return on Equityn/an/an/a7.79%8.30%n/a
Net Interest Margin4.25%4.25%4.21%3.95%3.68%-58 bps
Efficiency Ratio92.16%90.79%89.09%75.82%84.66%-750 bps
Non-Interest Burden3.89%3.82%3.71%2.92%3.06%-82 bps
Growth
Asset Growth (YoY)3.64%-1.08%9.15%8.79%20.93%+1,730 bps
Loan Growth (YoY)-1.29%-2.02%-8.64%-20.92%-18.66%-1,737 bps
Deposit Growth (YoY)4.93%-0.57%10.03%10.56%23.82%+1,889 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.36%0.06%0.10%-0.03%-0.01%-38 bps
Allowance / Loans2.68%2.69%2.59%2.97%2.16%-51 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital19.77%19.83%21.55%20.36%20.56%+79 bps
Equity / Assets13.35%13.71%12.40%12.13%11.22%-213 bps
Liquidity & Funding
Loans / Deposits66.94%69.30%57.24%47.03%43.98%-2,296 bps
Liquid Assets / Assets20.20%19.68%21.49%32.37%36.58%+1,638 bps
CRE / Total Capitaln/an/an/an/an/an/an/a