PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers National Bank of Kansas

Walnut, KS · Cert 16942

FDIC

Q3 2012

$41.2MAssets
$30.3MLoans
$36.9MDeposits
$4.1MEquity
Loan mix
72%RE $14.9M15%C&I $3.1M13%Consumer $2.7MQ3 2011Q3 2012
Deposit mix
82%Interest-bearing $30.2M18%Noninterest $6.7MQ3 2011Q3 2012

NIM

5.45%Q3 ’104.79%Q3 ’114.46%Q3 ’12-5%-1%

Non-interest income vs. expense

3.45%Q3 ’103.01%Q3 ’113.04%Q3 ’12-14%+3%

Executive Summary

  • Earnings: ROA of 0.80%, down 6 bps year over year; NIM at 3.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 82.13% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

0.80%-6 bps YoY

Net Interest Margin (quarter, annualized)

3.88%-3 bps YoY

Efficiency Ratio (quarter, annualized)

70.85%+198 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.86%0.83%0.74%0.83%0.80%-6 bps
Return on Equity9.41%8.90%8.02%8.86%8.18%-123 bps
Net Interest Margin3.91%3.82%3.75%3.78%3.88%-3 bps
Efficiency Ratio68.87%69.93%71.33%68.19%70.85%+198 bps
Non-Interest Burden2.55%2.53%2.56%2.44%2.63%+7 bps
Growth
Asset Growth (YoY)12.37%11.21%3.67%-1.75%0.01%-1,235 bps
Loan Growth (YoY)2.56%0.99%0.11%-4.17%-1.50%-406 bps
Deposit Growth (YoY)13.18%11.93%3.43%-2.65%-0.70%-1,388 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.27%-0.01%-0.01%0.07%+7 bps
Allowance / Loans0.98%1.08%1.08%1.09%1.07%+9 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 Capital14.11%14.65%14.66%15.27%15.32%+121 bps
Equity / Assets9.42%9.27%9.12%9.71%9.96%+55 bps
Liquidity & Funding
Loans / Deposits82.79%79.06%76.56%79.64%82.13%-66 bps
Liquid Assets / Assets0.00%0.00%0.70%7.10%6.55%+655 bps
CRE / Total Capitaln/an/an/an/an/an/an/a