Farmers State Bank Chadwick and Mount Carroll

Mount Carroll, IL · Cert 1805

FDIC

Q3 2001

$66.4MAssets

$45.7MLoans

$60.0MDeposits

$5.9MEquity

Deposit mix

Executive Summary

Earnings: ROA of 1.91%, up 64 bps year over year; NIM at 3.06%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
Funding: loans stand at 76.21% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

1.91%+64 bps YoY

Net Interest Margin (quarter, annualized)

3.06%

Efficiency Ratio (quarter, annualized)

63.67%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.05%	1.24%	1.30%	1.27%	1.25%	1.17%	1.42%	1.91%	+64 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	16.41%	21.74%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	2.88%	3.10%	3.06%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	62.59%	60.76%	63.67%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.61%	1.67%	1.76%	n/a
Growth
Asset Growth (YoY)	12.42%	12.25%	13.22%	8.37%	6.10%	1.65%	-0.43%	-1.40%	-977 bps
Loan Growth (YoY)	3.94%	9.13%	16.33%	14.21%	11.99%	5.59%	0.41%	-4.83%	-1,903 bps
Deposit Growth (YoY)	14.54%	13.62%	12.30%	10.86%	4.92%	-0.27%	-0.91%	-2.38%	-1,324 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	n/a	n/a	n/a	n/a	n/a	0.02%	0.08%	0.01%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.06%	1.05%	1.07%	n/a
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	n/a	n/a	n/a	n/a	n/a	12.66%	12.16%	12.39%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.65%	8.71%	8.86%	n/a
Liquidity & Funding
Loans / Deposits	70.92%	73.18%	76.81%	78.17%	75.70%	77.49%	77.84%	76.21%	-196 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.24%	0.25%	1.41%	+141 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a