PackageTrendsPeer
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Bankhaven

Haven, KS · Cert 17594

FDIC

Q1 2010

$22.2MAssets
$9.1MLoans
$19.9MDeposits
$2.0MEquity
Deposit mix
92%Interest-bearing $18.3M8%Noninterest $1.6MQ1 2009Q1 2010

NIM

5.57%Q1 ’084.53%Q1 ’093.55%Q1 ’10+7%-15%

Non-interest income vs. expense

3.70%Q1 ’085.63%Q1 ’094.67%Q1 ’10+42%-12%

Executive Summary

  • Earnings: ROA of -1.40%, up 663 bps year over year; NIM at 2.55%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.80%.
  • Funding: loans stand at 45.80% of deposits as of Q1 2010.

Financial Results

Return on Assets (YTD, annualized)

-1.40%+663 bps YoY

Net Interest Margin (YTD, annualized)

2.55%-46 bps YoY

Efficiency Ratio (YTD, annualized)

143.33%+759 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2009Q2 2009Q3 2009Q4 2009Q1 2010YoY ΔTrend
Earnings
Return on Assets-8.04%-4.66%-3.69%-3.00%-1.40%+663 bps
Return on Equity-91.75%-52.06%-40.74%-32.93%-15.30%+7,645 bps
Net Interest Margin3.01%2.85%2.90%2.88%2.55%-46 bps
Efficiency Ratio135.74%137.05%140.52%137.36%143.33%+759 bps
Non-Interest Burden4.49%4.26%4.42%4.26%3.97%-53 bps
Growth
Asset Growth (YoY)-25.12%-21.12%-11.05%-7.74%-7.71%+1,741 bps
Loan Growth (YoY)-33.95%-26.16%-11.33%-12.55%-20.24%+1,371 bps
Deposit Growth (YoY)-25.83%-23.25%-12.49%-7.39%-9.20%+1,662 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans11.33%6.23%4.00%3.20%1.80%-953 bps
Allowance / Loans3.98%4.07%3.77%4.09%4.34%+36 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 Capital11.04%13.40%12.47%12.63%13.18%+214 bps
Equity / Assets7.67%9.36%9.35%9.33%9.02%+135 bps
Liquidity & Funding
Loans / Deposits52.14%50.65%56.21%53.89%45.80%-634 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a