PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Pacific State Bank

Reedsport, OR · Cert 18777

FDIC

Q3 2001

$53.0MAssets
$30.5MLoans
$47.2MDeposits
$4.8MEquity
Loan mix
52%RE $5.9M48%C&I $5.5M0%Consumer $0.0MQ3 2000Q3 2001
Deposit mix
81%Interest-bearing $38.1M19%Noninterest $9.1MQ3 2000Q3 2001

NIM

7.55%Q1 ’017.43%Q2 ’017.42%Q3 ’01-1%+1%

Non-interest income vs. expense

2.82%Q1 ’012.81%Q2 ’012.89%Q3 ’01+0%+3%

Executive Summary

  • Earnings: ROA of 1.42%, down 12 bps year over year; NIM at 4.68%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.05%.
  • Funding: loans stand at 64.63% of deposits as of Q3 2001.

Financial Results

Return on Assets (YTD, annualized)

1.42%-12 bps YoY

Net Interest Margin (YTD, annualized)

4.68%

Efficiency Ratio (YTD, annualized)

56.26%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.54%1.49%1.45%1.44%1.42%-12 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a4.66%4.61%4.68%n/a
Efficiency Ration/an/a54.97%55.54%56.26%n/a
Non-Interest Burdenn/an/a2.35%2.36%2.43%n/a
Growth
Asset Growth (YoY)1.91%4.55%0.95%-1.85%-0.11%-203 bps
Loan Growth (YoY)10.56%16.46%13.28%17.93%9.90%-66 bps
Deposit Growth (YoY)0.25%2.38%-1.74%-4.62%-1.30%-155 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a-0.33%-0.16%-0.05%n/a
Allowance / Loansn/an/a1.23%1.20%1.17%n/a
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 Capitaln/an/a16.23%15.47%14.39%n/a
Equity / Assetsn/an/a9.89%9.74%9.13%n/a
Liquidity & Funding
Loans / Deposits58.05%62.42%63.80%67.86%64.63%+659 bps
Liquid Assets / Assets0.00%0.00%0.03%0.01%0.06%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a