PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First State Bank, The

Arma, KS · Cert 16678

FDIC

Q3 2010

$9.1MAssets
$4.2MLoans
$8.0MDeposits
$909KEquity
Deposit mix
67%Interest-bearing $5.3M33%Noninterest $2.6MQ3 2009Q3 2010

NIM

5.17%Q3 ’084.34%Q3 ’093.92%Q3 ’10-13%-8%

Non-interest income vs. expense

4.42%Q3 ’084.36%Q3 ’094.70%Q3 ’10-2%+11%

Executive Summary

  • Earnings: ROA of -0.59%, down 48 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.13%.
  • Funding: loans stand at 52.39% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

-0.59%-48 bps YoY

Net Interest Margin (YTD, annualized)

3.41%-28 bps YoY

Efficiency Ratio (YTD, annualized)

114.72%+1,624 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets-0.11%-0.47%-0.61%-0.51%-0.59%-48 bps
Return on Equity-1.09%-4.66%-6.53%-5.44%-6.26%-516 bps
Net Interest Margin3.70%3.58%3.15%3.38%3.41%-28 bps
Efficiency Ratio98.48%111.83%115.79%112.82%114.72%+1,624 bps
Non-Interest Burden3.63%4.08%3.74%3.90%4.02%+39 bps
Growth
Asset Growth (YoY)-0.38%1.21%0.04%6.70%-3.75%-337 bps
Loan Growth (YoY)-1.38%-5.32%-10.54%-8.41%-10.33%-895 bps
Deposit Growth (YoY)-0.47%2.16%0.91%8.20%-3.51%-304 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.37%0.29%0.00%0.00%0.13%-25 bps
Allowance / Loans0.62%0.65%0.70%0.68%0.60%-2 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 Capital16.99%16.60%17.61%17.31%19.01%+203 bps
Equity / Assets10.30%9.42%9.20%9.41%10.02%-28 bps
Liquidity & Funding
Loans / Deposits56.38%50.80%47.44%49.53%52.39%-399 bps
Liquid Assets / Assets11.14%12.71%12.64%13.80%14.88%+374 bps
CRE / Total Capitaln/an/an/an/an/an/an/a