PackageTrendsPeer
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Shorebank

Chicago, IL · Cert 15640

FDIC

Q2 2010

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2010, the quarter ended June 30, 2010, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Shorebank

Chicago, IL · Cert 15640

FDIC

Q2 2010

$2.2BAssets
$1.3BLoans
$1.5BDeposits
$9.4MEquity
Loan mix
79%RE $968.0M21%C&I $258.6M0%Consumer $0.2MQ2 2009Q2 2010
Deposit mix
98%Interest-bearing $1.5B2%Noninterest $0.0BQ2 2009Q2 2010

NIM

6.16%Q2 ’084.74%Q2 ’094.25%Q2 ’10-29%-11%

Non-interest income vs. expense

2.09%Q2 ’081.99%Q2 ’092.63%Q2 ’10-1%+41%

Executive Summary

  • Earnings: ROA of -3.55%, down 349 bps year over year; NIM at 1.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.22%.
  • Funding: loans stand at 85.59% of deposits as of Q2 2010.

Financial Results

Return on Assets (YTD, annualized)

-3.55%-349 bps YoY

Net Interest Margin (YTD, annualized)

1.80%-22 bps YoY

Efficiency Ratio (YTD, annualized)

143.46%+5,240 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-0.05%-0.62%-4.19%-3.07%-3.55%-349 bps
Return on Equity-0.92%-10.79%-83.82%-231%-341%-34,058 bps
Net Interest Margin2.02%2.04%2.06%1.91%1.80%-22 bps
Efficiency Ratio91.06%96.50%106.50%117.03%143.46%+5,240 bps
Non-Interest Burden1.84%1.98%2.74%2.28%2.60%+76 bps
Growth
Asset Growth (YoY)17.25%7.53%-7.18%-15.40%-18.43%-3,568 bps
Loan Growth (YoY)3.63%-0.77%-8.68%-11.06%-12.20%-1,583 bps
Deposit Growth (YoY)33.04%16.59%4.10%-9.07%-12.74%-4,579 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.83%2.42%4.78%3.64%3.22%+38 bps
Allowance / Loans2.09%3.31%5.73%6.07%6.80%+471 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 Capital10.39%9.59%4.62%3.37%0.66%-973 bps
Equity / Assets5.59%5.49%1.61%1.05%0.43%-516 bps
Liquidity & Funding
Loans / Deposits85.06%89.35%87.09%82.89%85.59%+52 bps
Liquid Assets / Assets8.35%6.30%6.38%8.60%4.56%-379 bps
CRE / Total Capitaln/an/an/an/an/an/an/a