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Bankchicago

Chicago, IL · Cert 18168

FDIC

Q1 2003

$252.1MAssets
$108.9MLoans
$191.3MDeposits
$21.8MEquity
Loan mix
67%RE $33.5M33%C&I $16.8M0%Consumer $0.0MQ1 2002Q1 2003
Deposit mix
85%Interest-bearing $163.2M15%Noninterest $28.0MQ1 2002Q1 2003

NIM

6.55%Q1 ’015.48%Q1 ’024.82%Q1 ’03-8%-13%

Non-interest income vs. expense

3.52%Q1 ’013.40%Q1 ’023.35%Q1 ’03-5%+3%

Executive Summary

  • Earnings: ROA of -0.02%, down 38 bps year over year; NIM at 2.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.46%.
  • Funding: loans stand at 56.94% of deposits as of Q1 2003.

Financial Results

Return on Assets (YTD, annualized)

-0.02%-38 bps YoY

Net Interest Margin (YTD, annualized)

2.87%-42 bps YoY

Efficiency Ratio (YTD, annualized)

94.90%+1,268 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.35%0.38%0.43%0.33%-0.02%-38 bps
Return on Equity3.79%4.21%4.83%3.73%-0.24%-403 bps
Net Interest Margin3.29%3.16%3.08%3.10%2.87%-42 bps
Efficiency Ratio82.22%79.34%78.37%80.99%94.90%+1,268 bps
Non-Interest Burden2.75%2.53%2.41%2.55%2.84%+9 bps
Growth
Asset Growth (YoY)1.80%20.35%20.42%15.25%14.91%+1,311 bps
Loan Growth (YoY)7.33%13.21%15.67%18.22%2.72%-461 bps
Deposit Growth (YoY)2.52%9.82%11.63%6.41%7.17%+465 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.06%0.28%0.16%0.07%-0.46%-52 bps
Allowance / Loans1.00%0.99%1.01%1.09%1.15%+15 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 Capital12.04%11.53%11.43%11.38%11.45%-59 bps
Equity / Assets9.31%8.50%8.63%8.82%8.63%-67 bps
Liquidity & Funding
Loans / Deposits59.41%55.90%56.01%58.71%56.94%-247 bps
Liquid Assets / Assets0.52%4.01%1.51%3.63%5.14%+463 bps
CRE / Total Capitaln/an/an/an/an/an/an/a