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Founders Bank

Worth, IL · Cert 18390

FDIC

Q2 2009

$889.2MAssets
$594.4MLoans
$832.2MDeposits
$19.1MEquity
Loan mix
88%RE $365.0M12%C&I $50.2M0%Consumer $1.0MQ2 2008Q2 2009
Deposit mix
83%Interest-bearing $689.9M17%Noninterest $142.2MQ2 2008Q2 2009

NIM

6.32%Q2 ’075.48%Q2 ’084.04%Q2 ’09-10%-27%

Non-interest income vs. expense

2.86%Q2 ’072.85%Q2 ’083.27%Q2 ’09-5%+21%

Executive Summary

  • Earnings: ROA of -7.96%, down 851 bps year over year; NIM at 2.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.77%.
  • Funding: loans stand at 71.43% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-7.96%-851 bps YoY

Net Interest Margin (YTD, annualized)

2.15%-79 bps YoY

Efficiency Ratio (YTD, annualized)

102.56%+3,043 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets0.55%-0.01%-0.62%-12.00%-7.96%-851 bps
Return on Equity8.85%-0.19%-10.38%-291%-228%-23,696 bps
Net Interest Margin2.94%2.81%2.76%2.12%2.15%-79 bps
Efficiency Ratio72.13%71.93%76.65%93.21%102.56%+3,043 bps
Non-Interest Burden1.84%1.72%1.87%1.91%2.24%+40 bps
Growth
Asset Growth (YoY)0.15%-0.80%-4.34%-1.42%-8.56%-871 bps
Loan Growth (YoY)3.70%2.47%-4.01%-8.81%-9.73%-1,343 bps
Deposit Growth (YoY)0.95%0.76%-0.85%4.51%3.66%+271 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.98%0.99%1.22%0.16%0.77%-21 bps
Allowance / Loans1.07%2.00%2.38%2.81%3.58%+251 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 Capital10.27%10.62%10.30%5.87%4.92%-534 bps
Equity / Assets6.06%5.69%5.23%3.05%2.14%-391 bps
Liquidity & Funding
Loans / Deposits82.03%79.87%78.11%73.41%71.43%-1,060 bps
Liquid Assets / Assets0.50%0.48%0.57%6.25%0.89%+38 bps
CRE / Total Capitaln/an/an/an/an/an/an/a