PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Latah

Saint Maries, ID · Cert 18379

FDIC

Q4 2002

$151.2MAssets
$94.2MLoans
$121.6MDeposits
$21.5MEquity
Loan mix
50%RE $20.1M47%C&I $19.1M3%Consumer $1.4MQ4 2001Q4 2002
Deposit mix
79%Interest-bearing $96.0M21%Noninterest $25.6MQ4 2001Q4 2002

NIM

7.99%Q1 ’017.08%Q4 ’012.44%Q4 ’02-5%-55%

Non-interest income vs. expense

3.10%Q1 ’013.00%Q4 ’011.29%Q4 ’02-6%-59%

Executive Summary

  • Earnings: ROA of 0.37%, down 81 bps year over year; NIM at 1.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.12%.
  • Funding: loans stand at 77.47% of deposits as of Q4 2002.

Financial Results

Return on Assets (YTD, annualized)

0.37%-81 bps YoY

Net Interest Margin (YTD, annualized)

1.74%-216 bps YoY

Efficiency Ratio (YTD, annualized)

60.14%-577 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets1.17%1.09%1.16%0.25%0.37%-81 bps
Return on Equityn/a14.71%15.50%2.70%3.54%n/a
Net Interest Margin3.90%4.41%4.54%0.98%1.74%-216 bps
Efficiency Ratio65.91%64.82%64.01%59.28%60.14%-577 bps
Non-Interest Burden2.35%2.66%2.69%0.53%0.96%-139 bps
Growth
Asset Growth (YoY)12.48%6.98%9.33%16.58%18.22%+574 bps
Loan Growth (YoY)21.00%23.51%12.04%9.82%10.93%-1,007 bps
Deposit Growth (YoY)8.16%6.54%6.78%8.86%11.10%+294 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.25%-0.05%0.00%-0.01%0.12%-14 bps
Allowance / Loans0.87%0.95%0.92%1.05%1.30%+43 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 Capital10.44%10.41%10.02%10.78%11.08%+64 bps
Equity / Assets7.39%7.48%7.61%13.81%14.23%+684 bps
Liquidity & Funding
Loans / Deposits77.59%76.17%83.96%77.49%77.47%-12 bps
Liquid Assets / Assets0.94%0.74%0.33%0.26%1.40%+46 bps
CRE / Total Capitaln/an/an/an/an/an/an/a