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Farmers State Bank

Fairmont, NE · Cert 18739

FDIC

Q3 2010

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 2010, the quarter ended September 30, 2010, 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

Farmers State Bank

Fairmont, NE · Cert 18739

FDIC

Q3 2010

$8.4MAssets
$2.5MLoans
$7.5MDeposits
$812KEquity
Deposit mix
69%Interest-bearing $5.2M31%Noninterest $2.3MQ3 2009Q3 2010

NIM

5.22%Q3 ’083.58%Q3 ’093.35%Q3 ’10-25%-1%

Non-interest income vs. expense

4.71%Q3 ’083.62%Q3 ’093.32%Q3 ’10-17%-15%

Executive Summary

  • Earnings: ROA of 0.01%, up 59 bps year over year; NIM at 2.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.11%.
  • Funding: loans stand at 32.62% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

0.01%+59 bps YoY

Net Interest Margin (YTD, annualized)

2.94%-2 bps YoY

Efficiency Ratio (YTD, annualized)

100.43%-1,594 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets-0.57%-0.35%0.09%-0.13%0.01%+59 bps
Return on Equity-6.06%-3.69%0.99%-1.49%0.17%+622 bps
Net Interest Margin2.96%3.16%2.84%2.94%2.94%-2 bps
Efficiency Ratio116.37%109.15%97.62%104.97%100.43%-1,594 bps
Non-Interest Burden3.47%3.47%2.76%3.10%2.95%-51 bps
Growth
Asset Growth (YoY)39.03%20.45%11.49%9.95%-15.98%-5,500 bps
Loan Growth (YoY)45.92%-15.04%-21.75%-8.58%-56.90%-10,282 bps
Deposit Growth (YoY)42.17%23.39%13.29%11.05%-16.57%-5,874 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.45%0.53%-0.27%-0.14%-0.11%-55 bps
Allowance / Loans0.81%1.27%1.64%1.67%1.96%+115 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 Capital12.54%17.83%19.71%13.38%22.00%+945 bps
Equity / Assets8.02%9.53%8.47%8.11%9.66%+164 bps
Liquidity & Funding
Loans / Deposits63.15%47.67%33.88%31.74%32.62%-3,053 bps
Liquid Assets / Assets12.20%16.94%15.96%16.26%14.43%+224 bps
CRE / Total Capitaln/an/an/an/an/an/an/a