PackageTrendsPeer
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Bank of Elmwood

Racine, WI · Cert 18321

FDIC

Q3 2009

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 2009, the quarter ended September 30, 2009, 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 2026-10-10

Bank of Elmwood

Racine, WI · Cert 18321

FDIC

Q3 2009

$327.4MAssets
$281.6MLoans
$272.8MDeposits
$7.4MEquity
Loan mix
94%RE $217.8M5%C&I $12.4M1%Consumer $2.6MQ3 2008Q3 2009
Deposit mix
92%Interest-bearing $249.9M8%Noninterest $22.9MQ3 2008Q3 2009

NIM

6.82%Q3 ’076.13%Q3 ’085.26%Q3 ’09-12%-16%

Non-interest income vs. expense

3.22%Q3 ’073.21%Q3 ’083.88%Q3 ’09+5%+33%

Executive Summary

  • Earnings: ROA of -1.72%, down 75 bps year over year; NIM at 2.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.57%.
  • Funding: loans stand at 103.22% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-1.72%-75 bps YoY

Net Interest Margin (YTD, annualized)

2.79%-52 bps YoY

Efficiency Ratio (YTD, annualized)

129.45%+4,384 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-0.96%-4.06%1.11%-0.53%-1.72%-75 bps
Return on Equity-13.90%-64.97%31.29%-15.52%-54.87%-4,097 bps
Net Interest Margin3.31%3.35%3.01%2.84%2.79%-52 bps
Efficiency Ratio85.60%94.87%65.97%105.59%129.45%+4,384 bps
Non-Interest Burden2.77%3.15%1.94%3.04%3.67%+91 bps
Growth
Asset Growth (YoY)3.73%-6.57%-7.03%-7.36%-10.35%-1,408 bps
Loan Growth (YoY)3.97%1.70%-3.15%-8.30%-11.35%-1,532 bps
Deposit Growth (YoY)0.33%-7.48%3.22%8.19%4.68%+435 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.60%2.11%0.20%1.26%1.57%+97 bps
Allowance / Loans2.00%4.06%4.11%3.96%4.09%+209 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 Capital9.78%5.59%6.00%5.37%4.23%-554 bps
Equity / Assets6.24%3.32%3.79%3.10%2.27%-397 bps
Liquidity & Funding
Loans / Deposits121.88%123.12%108.72%104.04%103.22%-1,866 bps
Liquid Assets / Assets0.16%0.17%0.18%7.62%8.66%+850 bps
CRE / Total Capitaln/an/an/an/an/an/an/a