Elk Point, SD · Cert 16385
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 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.
Elk Point, SD · Cert 16385
FDIC
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.94% | 1.35% | 1.11% | 1.19% | 1.22% | 1.27% | 0.13% | 0.32% | -88 bps | |
| Return on Equity | 17.53% | 13.16% | 10.75% | 11.48% | 11.74% | 12.16% | 0.90% | 1.91% | -958 bps | |
| Net Interest Margin | 4.41% | 4.27% | 4.20% | 4.16% | 4.11% | 3.94% | 0.54% | 1.54% | -263 bps | |
| Efficiency Ratio | 74.06% | 70.99% | 76.38% | 75.23% | 75.15% | 72.44% | 70.07% | 73.89% | -134 bps | |
| Non-Interest Burden | 2.99% | 2.77% | 2.99% | 2.90% | 2.86% | 2.60% | 0.33% | 1.05% | -186 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.98% | 9.57% | 4.42% | 6.95% | 2.01% | 2.90% | 10.63% | 12.03% | +509 bps | |
| Loan Growth (YoY) | -4.18% | 1.69% | 3.34% | 4.49% | 3.91% | 7.38% | 5.07% | 18.11% | +1,362 bps | |
| Deposit Growth (YoY) | 6.81% | 10.01% | 5.52% | 9.06% | 1.77% | 2.76% | -3.01% | -0.88% | -993 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 | -0.03% | -0.02% | 0.05% | 0.04% | -0.09% | -1.10% | -0.53% | -0.30% | -34 bps | |
| Allowance / Loans | 1.37% | 1.36% | 1.29% | 1.23% | 1.41% | 1.63% | 0.99% | 0.84% | -39 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 | 15.42% | 15.34% | 15.33% | 14.73% | 15.17% | 14.80% | 13.17% | 11.61% | -313 bps | |
| Equity / Assets | 10.17% | 10.31% | 10.60% | 10.43% | 10.41% | 10.53% | 22.77% | 21.86% | +1,143 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 76.44% | 77.55% | 83.48% | 83.78% | 78.05% | 81.03% | 90.44% | 99.82% | +1,604 bps | |
| Liquid Assets / Assets | 0.32% | 2.59% | 2.21% | 3.06% | 3.85% | 6.50% | 1.45% | 0.06% | -300 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |