Vermillion, KS · Cert 16404
FDIC
Q4 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2008, the quarter ended December 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.
Vermillion, KS · Cert 16404
FDIC
Q4 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 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.12% | -2.15% | 0.57% | 0.87% | 1.48% | 1.74% | 1.58% | 1.52% | +66 bps | |
| Return on Equity | 0.64% | -11.27% | 2.83% | 4.23% | 7.89% | 10.09% | 9.59% | 9.37% | +515 bps | |
| Net Interest Margin | 3.45% | 3.67% | 1.21% | 1.77% | 3.54% | 3.46% | 3.44% | 3.42% | +165 bps | |
| Efficiency Ratio | 90.97% | 150.79% | 47.44% | 46.18% | 53.59% | 61.36% | 61.70% | 60.63% | +1,445 bps | |
| Non-Interest Burden | 3.12% | 5.68% | 0.51% | 0.73% | 1.75% | 1.97% | 1.99% | 1.94% | +122 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.72% | -9.91% | -3.49% | -1.01% | -9.12% | 0.06% | -1.09% | -5.25% | -423 bps | |
| Loan Growth (YoY) | -12.13% | -11.69% | -19.08% | -17.70% | -23.81% | -17.31% | -4.39% | -3.31% | +1,439 bps | |
| Deposit Growth (YoY) | -2.81% | -7.64% | -5.71% | -5.40% | -5.44% | 1.43% | 1.64% | -1.96% | +344 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 | -0.06% | -0.09% | 0.04% | -0.05% | -0.08% | 0.74% | 0.69% | 0.54% | +59 bps | |
| Allowance / Loans | 1.75% | 1.76% | 1.92% | 2.11% | 2.43% | 1.77% | 1.65% | 1.80% | -30 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 | 37.78% | 35.64% | 38.23% | 41.39% | 25.05% | 23.68% | 23.77% | 25.49% | -1,591 bps | |
| Equity / Assets | 18.90% | 19.20% | 22.81% | 22.46% | 14.87% | 13.93% | 14.20% | 15.35% | -711 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 49.72% | 55.77% | 50.52% | 46.55% | 40.06% | 45.47% | 47.52% | 45.91% | -64 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 |