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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

6.39%Q2 ’075.24%Q2 ’084.00%Q2 ’09-13%-25%

Non-interest income vs. expense

3.02%Q2 ’072.98%Q2 ’083.65%Q2 ’09-6%+30%

Executive Summary

  • Earnings: ROA of -3.66%, down 387 bps year over year; NIM at 2.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.37%.
  • Funding: loans stand at 71.43% of deposits as of Q2 2009.

Financial Results

Return on Assets (quarter, annualized)

-3.66%-387 bps YoY

Net Interest Margin (quarter, annualized)

2.16%-72 bps YoY

Efficiency Ratio (quarter, annualized)

111.40%+3,520 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets0.22%-1.15%-2.48%-12.00%-3.66%-387 bps
Return on Equity3.52%-19.59%-45.34%-291%-139.90%-14,342 bps
Net Interest Margin2.88%2.52%2.41%2.12%2.16%-72 bps
Efficiency Ratio76.20%71.50%93.73%93.21%111.40%+3,520 bps
Non-Interest Burden1.95%1.45%2.20%1.91%2.53%+58 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 / Loans1.22%0.96%1.80%0.16%1.37%+15 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