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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

8.19%Q3 ’016.69%Q3 ’026.04%Q3 ’03-1%-5%

Non-interest income vs. expense

4.48%Q3 ’015.27%Q3 ’029.89%Q3 ’03-3%+153%

Executive Summary

  • Earnings: ROA of -2.05%, down 272 bps year over year; NIM at 4.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.09%.
  • Funding: loans stand at 72.59% of deposits as of Q3 2003.

Financial Results

Return on Assets (quarter, annualized)

-2.05%-272 bps YoY

Net Interest Margin (quarter, annualized)

4.67%-25 bps YoY

Efficiency Ratio (quarter, annualized)

127.21%+5,808 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.67%1.66%1.32%0.65%-2.05%-272 bps
Return on Equity9.16%21.57%16.23%8.10%-26.26%-3,542 bps
Net Interest Margin4.92%5.25%4.93%5.28%4.67%-25 bps
Efficiency Ratio69.13%67.93%69.99%85.06%127.21%+5,808 bps
Non-Interest Burden2.74%2.49%2.68%4.01%6.94%+419 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 / Loans1.62%0.24%0.14%0.24%0.09%-153 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