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Empire Bank

Springfield, MO · Cert 17633

FDIC · 24 branches

Q3 2021

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2021, the quarter ended September 30, 2021, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Empire Bank

Springfield, MO · Cert 17633

FDIC · 24 branches

Q3 2021

$1.9BAssets
$1.2BLoans
$1.6BDeposits
$179.9MEquity
Loan mix
66%RE $647.4M16%C&I $154.1M18%Consumer $181.1MQ3 2020Q3 2021
Deposit mix
61%Interest-bearing $999.5M39%Noninterest $648.9MQ3 2020Q3 2021

NIM

4.13%Q3 ’193.24%Q3 ’202.95%Q3 ’21-16%-3%

Non-interest income vs. expense

2.85%Q3 ’192.52%Q3 ’202.40%Q3 ’21-23%-20%

Market Position · Springfield, MO · 2021 SOD (annual) · 10.8% share · #3 of 36 inst. · $1.6B of $14.6B

10.6% Greene
17.7% Christian
10.8% Webster
3.2% Polk

Executive Summary

  • Earnings: ROA of 1.41%, up 15 bps year over year; NIM at 2.81%.
  • Asset quality: problem loans at 0.05% of loans (+1 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.36%, up 77 bps from a year ago.
  • Funding: loans stand at 75.15% of deposits as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

1.41%+15 bps YoY

Net Interest Margin (YTD, annualized)

2.81%-9 bps YoY

Efficiency Ratio (YTD, annualized)

56.80%-317 bps YoY

Tier 1 Leverage Ratio

9.36%+77 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets1.26%1.31%1.29%1.34%1.41%+15 bps
Return on Equity13.82%14.42%14.47%14.65%15.35%+153 bps
Net Interest Margin2.90%2.88%2.96%2.78%2.81%-9 bps
Efficiency Ratio59.96%58.41%59.83%58.41%56.80%-317 bps
Non-Interest Burden1.21%1.13%1.18%1.03%0.98%-24 bps
Growth
Asset Growth (YoY)20.77%25.14%20.66%12.10%12.78%-799 bps
Loan Growth (YoY)12.19%14.37%15.12%10.48%7.84%-434 bps
Deposit Growth (YoY)22.97%27.34%22.94%11.88%11.51%-1,146 bps
Asset Quality
Nonperforming Loans / Loans0.05%0.04%0.04%0.03%0.05%+1 bps
Net Charge-Offs / Loans0.07%0.07%0.02%0.01%0.01%-7 bps
Allowance / Loans1.51%1.54%1.57%1.52%1.52%0 bps
Allowance Coverage of NPLs32.7x39.0x41.8x45.9x27.9x-4.8x
Capital
Tier 1 Leverage Ratio8.59%8.75%8.87%9.36%9.36%+77 bps
Total Risk-Based Capital13.14%13.56%14.46%14.64%14.36%+122 bps
Equity / Assets8.74%9.00%8.84%9.62%9.36%+62 bps
Liquidity & Funding
Loans / Deposits77.70%78.82%75.18%77.15%75.15%-256 bps
Liquid Assets / Assets7.38%7.25%11.43%9.56%12.88%+550 bps
CRE / Total Capitaln/an/an/an/an/an/an/a