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Ericson State Bank

Ericson, NE · Cert 18265

FDIC · 1 branch

Q4 2019

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: Q4 2019, the quarter ended December 31, 2019, 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

Ericson State Bank

Ericson, NE · Cert 18265

FDIC · 1 branch

Q4 2019

$100.9MAssets
$89.3MLoans
$95.2MDeposits
$3.7MEquity
Loan mix
69%RE $30.4M16%C&I $7.1M15%Consumer $6.4MQ4 2018Q4 2019
Deposit mix
93%Interest-bearing $88.5M7%Noninterest $6.7MQ4 2018Q4 2019

NIM

5.53%Q4 ’175.18%Q4 ’185.43%Q4 ’19-13%-7%

Non-interest income vs. expense

2.12%Q4 ’171.70%Q4 ’181.54%Q4 ’19-23%-13%

Executive Summary

  • Earnings: ROA of -3.36%, down 362 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 6.91% of loans (-185 bps YoY), with net charge-offs at 7.08%.
  • Capital: tier 1 leverage ratio of 3.38%, down 453 bps from a year ago.
  • Funding: loans stand at 93.87% of deposits as of Q4 2019.

Financial Results

Return on Assets (YTD, annualized)

-3.36%-362 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-28 bps YoY

Efficiency Ratio (YTD, annualized)

41.04%-173 bps YoY

Tier 1 Leverage Ratio

3.38%-453 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets0.26%2.07%1.76%1.89%-3.36%-362 bps
Return on Equity2.78%26.57%22.91%24.56%-48.39%-5,117 bps
Net Interest Margin3.90%4.28%3.81%3.73%3.62%-28 bps
Efficiency Ratio42.77%35.27%36.77%36.51%41.04%-173 bps
Non-Interest Burden1.62%1.41%1.32%1.28%1.41%-22 bps
Growth
Asset Growth (YoY)17.25%18.79%16.29%16.73%-0.40%-1,765 bps
Loan Growth (YoY)17.22%20.01%14.71%10.97%-1.47%-1,869 bps
Deposit Growth (YoY)19.25%24.28%26.42%26.04%7.74%-1,151 bps
Asset Quality
Nonperforming Loans / Loans8.76%8.84%7.51%7.39%6.91%-185 bps
Net Charge-Offs / Loans0.03%-0.09%1.69%1.15%7.08%+706 bps
Allowance / Loans2.81%2.80%1.93%1.90%3.57%+75 bps
Allowance Coverage of NPLs0.3x0.3x0.3x0.3x0.5x+0.2x
Capital
Tier 1 Leverage Ratio7.90%7.99%7.80%7.94%3.38%-453 bps
Total Risk-Based Capital10.49%10.21%10.11%10.66%5.58%-491 bps
Equity / Assets7.76%7.78%7.53%7.77%3.69%-408 bps
Liquidity & Funding
Loans / Deposits102.64%101.30%95.51%92.46%93.87%-878 bps
Liquid Assets / Assets8.07%8.52%9.88%12.77%8.59%+52 bps
CRE / Total Capitaln/an/an/an/an/an/an/a