PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Park National Bank and Trust of Chicago

Chicago, IL · Cert 16935

FDIC

Q4 2005

$276.5MAssets
$195.3MLoans
$241.8MDeposits
$32.8MEquity
Deposit mix
91%Interest-bearing $220.4M9%Noninterest $21.5MQ4 2004Q4 2005

NIM

6.03%Q4 ’036.32%Q4 ’048.17%Q4 ’05+6%+20%

Non-interest income vs. expense

2.21%Q4 ’032.16%Q4 ’041.97%Q4 ’05-2%-10%

Executive Summary

  • Earnings: ROA of 2.65%, up 67 bps year over year; NIM at 5.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 80.76% of deposits as of Q4 2005.

Financial Results

Return on Assets (quarter, annualized)

2.65%+67 bps YoY

Net Interest Margin (quarter, annualized)

5.81%+96 bps YoY

Efficiency Ratio (quarter, annualized)

26.77%-808 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets1.99%1.89%1.73%2.10%2.65%+67 bps
Return on Equity16.24%15.67%14.33%17.70%22.83%+659 bps
Net Interest Margin4.86%4.60%4.31%4.87%5.81%+96 bps
Efficiency Ratio34.85%34.74%34.71%30.24%26.77%-808 bps
Non-Interest Burden1.69%1.60%1.50%1.45%1.52%-17 bps
Growth
Asset Growth (YoY)1.62%5.89%7.07%4.36%4.40%+278 bps
Loan Growth (YoY)2.21%3.54%5.67%1.25%4.63%+242 bps
Deposit Growth (YoY)-0.24%6.66%3.85%5.69%5.07%+531 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%-0.01%-0.02%-0.01%0.00%+1 bps
Allowance / Loans1.50%1.34%1.32%1.41%1.45%-6 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 Capital13.59%12.66%12.94%12.40%13.31%-28 bps
Equity / Assets12.37%11.83%12.33%11.40%11.85%-52 bps
Liquidity & Funding
Loans / Deposits81.10%84.77%88.11%83.31%80.76%-34 bps
Liquid Assets / Assets1.32%1.22%1.56%0.17%0.17%-115 bps
CRE / Total Capitaln/an/an/an/an/an/an/a