Vinton, IA · Cert 15895
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Vinton, IA · Cert 15895
FDIC
Q1 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.04% | 1.04% | 0.99% | 0.78% | 0.83% | 0.86% | 0.86% | 0.72% | -6 bps | |
| Return on Equity | 16.05% | 16.11% | 15.20% | 12.04% | 12.98% | 13.38% | 13.03% | 10.24% | -180 bps | |
| Net Interest Margin | 3.07% | 3.07% | 2.92% | 2.73% | 2.78% | 2.85% | 2.77% | 2.57% | -16 bps | |
| Efficiency Ratio | 69.53% | 68.95% | 70.17% | 74.34% | 71.90% | 71.71% | 72.43% | 76.05% | +171 bps | |
| Non-Interest Burden | 1.98% | 1.94% | 1.87% | 1.87% | 1.82% | 1.86% | 1.84% | 1.78% | -9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 6.57% | 1.47% | 5.44% | 5.29% | 6.01% | 4.94% | 4.74% | 6.20% | +91 bps | |
| Loan Growth (YoY) | -2.98% | -5.47% | -1.12% | 2.06% | 3.81% | 5.57% | 6.73% | 3.96% | +190 bps | |
| Deposit Growth (YoY) | 7.02% | 1.24% | 4.32% | 5.52% | 5.03% | 3.81% | 7.02% | 7.79% | +228 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | -0.12% | -0.13% | -0.11% | -0.01% | -0.05% | -0.04% | -0.03% | 0.00% | +1 bps | |
| Allowance / Loans | 0.54% | 0.58% | 0.59% | 0.57% | 0.66% | 0.66% | 0.65% | 0.64% | +7 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.90% | 12.89% | 12.89% | 11.98% | 12.36% | 12.20% | 12.26% | 11.63% | -35 bps | |
| Equity / Assets | 6.42% | 6.44% | 6.83% | 6.16% | 6.27% | 6.46% | 7.20% | 6.82% | +66 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.04% | 63.71% | 68.11% | 62.66% | 67.24% | 64.79% | 67.93% | 60.43% | -223 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |