PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Ranchers Banks

Belen, NM · Cert 18386

FDIC

Q4 2005

$107.1MAssets
$34.8MLoans
$90.5MDeposits
$14.6MEquity
Loan mix
45%RE $10.3M55%C&I $12.6M0%Consumer $0.1MQ4 2004Q4 2005
Deposit mix
74%Interest-bearing $67.4M26%Noninterest $23.1MQ4 2004Q4 2005

NIM

4.50%Q4 ’034.50%Q4 ’045.88%Q4 ’05+7%+34%

Non-interest income vs. expense

4.88%Q4 ’034.77%Q4 ’044.55%Q4 ’05-12%-6%

Executive Summary

  • Earnings: ROA of 2.09%, up 248 bps year over year; NIM at 4.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 2.01%.
  • Funding: loans stand at 38.45% of deposits as of Q4 2005.

Financial Results

Return on Assets (YTD, annualized)

2.09%+248 bps YoY

Net Interest Margin (YTD, annualized)

4.88%+123 bps YoY

Efficiency Ratio (YTD, annualized)

76.40%-2,486 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets-0.39%1.84%3.85%3.69%2.09%+248 bps
Return on Equity-3.45%16.21%32.44%29.64%16.45%+1,990 bps
Net Interest Margin3.65%5.08%4.67%4.88%4.88%+123 bps
Efficiency Ratio101.27%70.36%68.08%70.68%76.40%-2,486 bps
Non-Interest Burden3.71%3.28%2.73%3.11%3.48%-23 bps
Growth
Asset Growth (YoY)-6.27%-1.23%-1.12%-4.12%-7.93%-166 bps
Loan Growth (YoY)-21.89%-28.93%-17.62%-20.93%-19.63%+226 bps
Deposit Growth (YoY)-6.28%-0.78%-2.80%-6.57%-11.77%-550 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans3.21%-1.05%-0.51%-0.94%-2.01%-522 bps
Allowance / Loans4.42%5.24%2.30%1.41%1.37%-305 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 Capital21.45%24.47%28.31%30.81%29.95%+851 bps
Equity / Assets11.38%11.34%12.92%14.27%13.64%+227 bps
Liquidity & Funding
Loans / Deposits42.21%37.63%38.70%38.88%38.45%-376 bps
Liquid Assets / Assets4.92%0.93%4.48%3.99%6.19%+127 bps
CRE / Total Capitaln/an/an/an/an/an/an/a