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Bank of Lincolnwood

Lincolnwood, IL · Cert 17309

FDIC

Q1 2009

$212.7MAssets
$186.0MLoans
$209.3MDeposits
$2.6MEquity
Loan mix
72%RE $114.8M28%C&I $43.6M0%Consumer $0.0MQ1 2008Q1 2009
Deposit mix
87%Interest-bearing $181.2M13%Noninterest $28.1MQ1 2008Q1 2009

NIM

8.02%Q1 ’076.92%Q1 ’082.77%Q1 ’09-19%-80%

Non-interest income vs. expense

3.01%Q1 ’073.12%Q1 ’083.53%Q1 ’09+2%+126%

Executive Summary

  • Earnings: ROA of -24.16%, down 2,578 bps year over year; NIM at 0.89%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 13.35%.
  • Funding: loans stand at 88.88% of deposits as of Q1 2009.

Financial Results

Return on Assets (quarter, annualized)

-24.16%-2,578 bps YoY

Net Interest Margin (quarter, annualized)

0.89%-364 bps YoY

Efficiency Ratio (quarter, annualized)

n/a

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets1.61%1.18%0.59%-5.28%-24.16%-2,578 bps
Return on Equity19.50%15.15%7.43%-68.27%-565%-58,442 bps
Net Interest Margin4.53%2.94%3.42%3.95%0.89%-364 bps
Efficiency Ratio65.88%72.77%83.75%76.13%n/an/a
Non-Interest Burden2.91%1.78%2.83%2.95%6.57%+366 bps
Growth
Asset Growth (YoY)-2.73%6.31%4.51%3.57%-8.54%-580 bps
Loan Growth (YoY)-6.51%-6.42%0.21%-4.39%-2.26%+426 bps
Deposit Growth (YoY)-2.08%8.22%6.39%5.63%-1.94%+14 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%1.00%0.00%0.04%13.35%+1,334 bps
Allowance / Loans1.66%1.50%1.47%3.40%5.33%+367 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 Capital10.58%11.18%10.81%9.38%2.63%-795 bps
Equity / Assets7.80%7.77%8.20%7.26%1.22%-658 bps
Liquidity & Funding
Loans / Deposits89.17%85.28%92.02%90.06%88.88%-29 bps
Liquid Assets / Assets0.17%0.74%6.68%2.23%3.50%+333 bps
CRE / Total Capitaln/an/an/an/an/an/an/a