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First Bank BC

Capron, IL · Cert 16551

FDIC

Q3 2003

$73.8MAssets
$46.4MLoans
$64.0MDeposits
$5.6MEquity
Loan mix
61%RE $15.0M37%C&I $9.1M2%Consumer $0.4MQ3 2002Q3 2003
Deposit mix
78%Interest-bearing $49.7M22%Noninterest $14.2MQ3 2002Q3 2003

NIM

7.82%Q3 ’016.49%Q3 ’026.35%Q3 ’03+6%+7%

Non-interest income vs. expense

4.28%Q3 ’015.12%Q3 ’027.69%Q3 ’03+13%+48%

Executive Summary

  • Earnings: ROA of -0.03%, down 53 bps year over year; NIM at 4.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.18%.
  • Funding: loans stand at 72.59% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

-0.03%-53 bps YoY

Net Interest Margin (YTD, annualized)

4.93%+30 bps YoY

Efficiency Ratio (YTD, annualized)

93.55%+1,842 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.50%0.80%1.32%0.98%-0.03%-53 bps
Return on Equity6.88%10.76%16.23%12.11%-0.37%-726 bps
Net Interest Margin4.62%4.69%4.93%5.03%4.93%+30 bps
Efficiency Ratio75.13%72.83%69.99%78.15%93.55%+1,842 bps
Non-Interest Burden3.07%2.86%2.68%3.30%4.52%+146 bps
Growth
Asset Growth (YoY)9.89%-0.40%3.62%5.95%-7.63%-1,751 bps
Loan Growth (YoY)1.96%-2.13%4.82%6.80%-8.69%-1,065 bps
Deposit Growth (YoY)9.38%-2.36%1.19%4.26%-8.32%-1,771 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.37%1.07%0.14%0.19%0.18%-120 bps
Allowance / Loans1.40%1.44%1.53%1.52%1.92%+51 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 Capital11.38%11.93%12.28%12.47%12.02%+64 bps
Equity / Assets7.21%8.20%8.07%8.02%7.61%+41 bps
Liquidity & Funding
Loans / Deposits72.88%82.72%80.21%80.15%72.59%-29 bps
Liquid Assets / Assets2.66%3.80%4.87%5.18%4.99%+233 bps
CRE / Total Capitaln/an/an/an/an/an/an/a