Stuart, IA · Cert 17439
FDIC
Q4 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Stuart, IA · Cert 17439
FDIC
Q4 2007
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.82% | 0.63% | 0.65% | -0.40% | 0.89% | 1.04% | 0.85% | 0.75% | +115 bps | |
| Return on Equity | 7.34% | 5.49% | 5.53% | -3.41% | 7.22% | 8.21% | 6.51% | 5.73% | +914 bps | |
| Net Interest Margin | 2.46% | 2.26% | 2.61% | 2.57% | 2.10% | 2.17% | 2.16% | 1.96% | -61 bps | |
| Efficiency Ratio | 67.70% | 73.37% | 73.10% | 75.00% | 64.64% | 75.22% | 78.84% | 80.66% | +566 bps | |
| Non-Interest Burden | 1.51% | 1.53% | 1.77% | 1.80% | 1.21% | 1.49% | 1.58% | 1.46% | -34 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -24.04% | -17.52% | -12.46% | -10.34% | -8.58% | -5.11% | -9.69% | -0.90% | +944 bps | |
| Loan Growth (YoY) | -9.73% | -20.76% | -10.77% | -29.47% | -42.19% | -34.47% | -43.71% | -46.33% | -1,686 bps | |
| Deposit Growth (YoY) | -7.60% | -11.34% | -11.53% | -8.83% | -4.27% | 4.24% | -1.10% | 7.91% | +1,674 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.19% | 0.75% | 0.50% | 0.42% | 19.94% | 10.10% | 7.82% | 7.54% | +712 bps | |
| Allowance / Loans | 1.14% | 1.28% | 1.17% | 5.31% | 1.17% | 1.18% | 1.14% | 1.14% | -417 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 13.15% | 14.83% | 15.87% | 16.16% | 16.63% | 17.72% | 19.88% | 21.02% | +486 bps | |
| Equity / Assets | 11.45% | 12.20% | 12.76% | 12.03% | 12.55% | 13.29% | 14.43% | 13.22% | +120 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 87.43% | 82.77% | 83.96% | 63.85% | 52.79% | 52.04% | 47.79% | 31.76% | -3,209 bps | |
| Liquid Assets / Assets | 1.03% | 3.48% | 3.93% | 17.71% | 12.19% | 11.08% | 11.24% | 5.38% | -1,233 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |