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Sheridan State Bank

Sheridan, IL · Cert 16569

FDIC · 1 branch

Q4 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2015, the quarter ended December 31, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Sheridan State Bank

Sheridan, IL · Cert 16569

FDIC · 1 branch

Q4 2015

$30.7MAssets
$18.3MLoans
$26.8MDeposits
$3.9MEquity
Loan mix
81%RE $12.5M7%C&I $1.1M12%Consumer $1.8MQ1 2014Q4 2015
Deposit mix
76%Interest-bearing $20.4M24%Noninterest $6.4MQ1 2014Q4 2015

Executive Summary

  • Earnings: ROA of 0.66%, up 1 bps year over year; NIM at 2.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Capital: tier 1 leverage ratio of 10.41%.
  • Funding: loans stand at 68.29% of deposits as of Q4 2015.

Return on Assets (YTD, annualized)

0.66%+1 bps YoY

Net Interest Margin (YTD, annualized)

2.80%+10 bps YoY

Efficiency Ratio (YTD, annualized)

68.00%+193 bps YoY

Tier 1 Leverage Ratio

10.41%

NIM

2.75%Q4 ’132.87%Q4 ’142.88%Q4 ’15+6%+4%

Non-interest income vs. expense

1.92%Q4 ’131.98%Q4 ’142.14%Q4 ’15+4%+2%

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015YoY ΔTrend
Earnings
Return on Assets0.58%0.60%0.63%0.65%0.64%0.63%0.65%0.66%+1 bps
Return on Equity4.69%4.83%5.12%5.25%5.28%5.10%5.27%5.29%+4 bps
Net Interest Margin2.65%2.67%2.63%2.70%2.60%2.70%2.75%2.80%+10 bps
Efficiency Ratio68.98%68.11%66.62%66.08%65.63%68.55%67.72%68.00%+193 bps
Non-Interest Burden1.76%1.73%1.66%1.68%1.58%1.67%1.68%1.72%+4 bps
Growth
Asset Growth (YoY)2.43%0.95%0.23%2.75%7.42%2.63%-1.15%1.91%-84 bps
Loan Growth (YoY)10.55%8.02%1.02%0.07%2.02%1.80%2.25%2.70%+263 bps
Deposit Growth (YoY)2.14%0.51%-0.10%2.72%8.07%2.66%-1.81%1.81%-92 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.12%-0.06%-0.01%-0.01%0.00%0.00%0.02%0.02%+2 bps
Allowance / Loans1.00%1.00%0.98%0.96%0.99%0.99%0.98%0.95%-1 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/a9.71%10.03%10.20%10.41%n/a
Total Risk-Based Capital18.84%18.84%18.80%18.99%19.19%19.40%20.54%20.23%+124 bps
Equity / Assets12.38%12.31%12.25%12.53%11.92%12.39%12.81%12.70%+17 bps
Liquidity & Funding
Loans / Deposits65.52%65.42%64.56%67.70%61.84%64.87%67.22%68.29%+60 bps
Liquid Assets / Assets29.97%29.87%28.97%29.12%33.71%31.00%31.75%31.14%+202 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a