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State Bank of Markle

Markle, IN · Cert 16650

FDIC

Q3 2012

$354.0MAssets
$246.4MLoans
$273.6MDeposits
$46.8MEquity
Loan mix
82%RE $166.6M16%C&I $33.1M2%Consumer $4.6MQ3 2011Q3 2012
Deposit mix
85%Interest-bearing $233.2M15%Noninterest $40.5MQ3 2011Q3 2012

NIM

4.80%Q3 ’104.56%Q3 ’114.18%Q3 ’12+1%-1%

Non-interest income vs. expense

2.71%Q3 ’102.60%Q3 ’112.82%Q3 ’12+8%+0%

Executive Summary

  • Earnings: ROA of 1.14%, up 8 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 90.04% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

1.14%+8 bps YoY

Net Interest Margin (quarter, annualized)

3.47%-5 bps YoY

Efficiency Ratio (quarter, annualized)

60.73%+288 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets1.06%1.00%0.94%0.89%1.14%+8 bps
Return on Equity8.12%7.62%7.20%6.78%8.59%+47 bps
Net Interest Margin3.52%3.57%3.31%3.34%3.47%-5 bps
Efficiency Ratio57.85%58.59%61.97%63.15%60.73%+288 bps
Non-Interest Burden1.85%1.79%1.87%1.98%1.86%0 bps
Growth
Asset Growth (YoY)2.62%5.59%3.65%3.93%3.80%+118 bps
Loan Growth (YoY)4.68%1.54%4.05%5.06%4.37%-31 bps
Deposit Growth (YoY)0.55%4.56%2.72%0.90%0.12%-43 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.68%0.10%0.52%0.02%-0.02%-71 bps
Allowance / Loans1.10%1.25%1.20%1.24%1.30%+19 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 Capital12.34%12.75%12.94%12.80%12.72%+38 bps
Equity / Assets13.05%13.10%12.89%13.25%13.23%+18 bps
Liquidity & Funding
Loans / Deposits86.37%85.34%81.50%88.13%90.04%+367 bps
Liquid Assets / Assets2.08%3.88%6.57%2.31%1.57%-51 bps
CRE / Total Capitaln/an/an/an/an/an/an/a