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Farmers Bank & Trust of Cheneyville, The

Cheneyville, LA · Cert 16445

FDIC

Q3 2002

$35.3MAssets
$32.1MLoans
$32.1MDeposits
$3.1MEquity
Deposit mix
93%Interest-bearing $29.8M7%Noninterest $2.3MQ3 2001Q3 2002

NIM

9.11%Q1 ’019.28%Q3 ’017.89%Q3 ’02+6%+1%

Non-interest income vs. expense

2.53%Q1 ’012.42%Q3 ’012.11%Q3 ’02-3%-17%

Executive Summary

  • Earnings: ROA of 2.23%, up 71 bps year over year; NIM at 4.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.14%.
  • Funding: loans stand at 99.99% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

2.23%+71 bps YoY

Net Interest Margin (quarter, annualized)

4.78%+5 bps YoY

Efficiency Ratio (quarter, annualized)

40.86%-692 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets1.52%0.13%1.70%1.68%2.23%+71 bps
Return on Equity17.14%1.54%19.49%19.15%25.64%+849 bps
Net Interest Margin4.73%4.27%4.42%4.55%4.78%+5 bps
Efficiency Ratio47.78%61.38%43.32%45.61%40.86%-692 bps
Non-Interest Burden2.09%2.51%1.72%1.86%1.73%-36 bps
Growth
Asset Growth (YoY)14.91%21.25%19.67%17.90%20.15%+524 bps
Loan Growth (YoY)13.61%22.47%26.63%21.20%29.30%+1,568 bps
Deposit Growth (YoY)18.05%27.09%20.34%18.36%20.67%+262 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.44%0.43%0.05%0.31%0.14%-30 bps
Allowance / Loans1.05%1.11%1.14%1.02%0.90%-15 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 Capital12.82%12.92%13.40%13.12%12.78%-4 bps
Equity / Assets8.85%8.60%8.85%8.74%8.67%-18 bps
Liquidity & Funding
Loans / Deposits93.32%91.41%94.19%98.21%99.99%+667 bps
Liquid Assets / Assets2.60%2.26%2.10%1.74%1.48%-112 bps
CRE / Total Capitaln/an/an/an/an/an/an/a