PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Platte Valley State Bank and Trust Company

Kearney, NE · Cert 16112

FDIC

Q4 2013

$440.6MAssets
$296.0MLoans
$322.1MDeposits
$33.9MEquity
Loan mix
66%RE $116.5M28%C&I $50.2M6%Consumer $11.0MQ4 2012Q4 2013
Deposit mix
78%Interest-bearing $252.2M22%Noninterest $69.9MQ4 2012Q4 2013

NIM

4.20%Q4 ’113.70%Q4 ’123.26%Q4 ’13-8%-10%

Non-interest income vs. expense

3.49%Q4 ’113.30%Q4 ’122.77%Q4 ’13-7%-1%

Executive Summary

  • Earnings: ROA of 0.69%, down 17 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.06%.
  • Funding: loans stand at 91.89% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

0.69%-17 bps YoY

Net Interest Margin (YTD, annualized)

3.04%-35 bps YoY

Efficiency Ratio (YTD, annualized)

72.28%+191 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.86%0.82%0.68%0.70%0.69%-17 bps
Return on Equity9.85%9.92%8.32%8.55%8.54%-132 bps
Net Interest Margin3.39%3.09%2.95%3.00%3.04%-35 bps
Efficiency Ratio70.37%69.92%74.09%72.45%72.28%+191 bps
Non-Interest Burden2.00%1.86%1.97%1.94%1.97%-2 bps
Growth
Asset Growth (YoY)3.79%3.28%4.64%1.89%5.16%+138 bps
Loan Growth (YoY)-8.77%-1.08%6.34%8.77%17.10%+2,588 bps
Deposit Growth (YoY)5.70%4.25%3.66%3.45%-2.43%-813 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.04%-0.04%-0.04%-0.06%-16 bps
Allowance / Loans1.01%0.95%0.92%0.88%0.92%-9 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 Capital14.01%13.72%13.06%12.62%12.26%-175 bps
Equity / Assets8.75%7.77%7.92%8.22%7.68%-106 bps
Liquidity & Funding
Loans / Deposits76.56%74.69%83.22%89.86%91.89%+1,533 bps
Liquid Assets / Assets5.44%7.11%5.96%2.61%4.39%-106 bps
CRE / Total Capitaln/an/an/an/an/an/an/a