PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank, Sweetwater, Texas

Sweetwater, TX · Cert 16653

FDIC

Q3 2012

$199.9MAssets
$109.3MLoans
$165.0MDeposits
$16.2MEquity
Loan mix
48%RE $42.7M19%C&I $16.5M33%Consumer $29.1MQ3 2011Q3 2012
Deposit mix
77%Interest-bearing $126.2M23%Noninterest $38.7MQ3 2011Q3 2012

NIM

4.76%Q3 ’104.53%Q3 ’114.09%Q3 ’12+2%-8%

Non-interest income vs. expense

3.07%Q3 ’102.74%Q3 ’112.48%Q3 ’12-10%-7%

Executive Summary

  • Earnings: ROA of 1.65%, down 17 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 66.24% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

1.65%-17 bps YoY

Net Interest Margin (quarter, annualized)

3.90%-33 bps YoY

Efficiency Ratio (quarter, annualized)

51.07%-24 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets1.81%1.83%1.60%1.62%1.65%-17 bps
Return on Equity20.60%20.83%18.68%19.61%20.24%-36 bps
Net Interest Margin4.23%4.12%3.90%3.99%3.90%-33 bps
Efficiency Ratio51.31%49.64%53.26%52.54%51.07%-24 bps
Non-Interest Burden1.63%1.52%1.61%1.67%1.52%-11 bps
Growth
Asset Growth (YoY)16.02%12.42%14.79%17.57%16.19%+17 bps
Loan Growth (YoY)11.83%6.69%10.47%21.70%41.83%+3,000 bps
Deposit Growth (YoY)18.97%12.04%14.20%13.94%6.85%-1,212 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.06%0.44%0.36%0.08%0.06%0 bps
Allowance / Loans1.58%1.52%1.45%1.31%1.31%-27 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 Capital15.61%15.26%14.40%13.34%12.64%-297 bps
Equity / Assets8.79%8.76%8.34%8.19%8.09%-70 bps
Liquidity & Funding
Loans / Deposits49.91%50.21%49.54%57.62%66.24%+1,634 bps
Liquid Assets / Assets9.04%6.68%5.64%5.02%4.47%-457 bps
CRE / Total Capitaln/an/an/an/an/an/an/a