PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Anchor Bank, National Association

Wayzata, MN · Cert 18903

FDIC

Q3 2009

$458.3MAssets
$259.8MLoans
$303.8MDeposits
$31.9MEquity
Loan mix
71%RE $148.6M29%C&I $60.1M1%Consumer $1.8MQ4 2007Q3 2009
Deposit mix
74%Interest-bearing $226.2M26%Noninterest $77.6MQ4 2007Q3 2009

Executive Summary

  • Earnings: ROA of 0.52%, down 41 bps year over year; NIM at 3.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.41%.
  • Funding: loans stand at 85.51% of deposits as of Q3 2009.

Return on Assets (YTD, annualized)

0.52%-41 bps YoY

Net Interest Margin (YTD, annualized)

3.02%-59 bps YoY

Efficiency Ratio (YTD, annualized)

64.07%+378 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.69%Q3 ’075.16%Q3 ’084.08%Q3 ’09-15%-16%

Non-interest income vs. expense

3.17%Q3 ’072.61%Q3 ’082.21%Q3 ’09-23%-6%

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets1.04%0.87%0.93%0.94%0.89%0.73%0.61%0.52%-41 bps
Return on Equity13.82%10.93%11.85%12.17%11.56%9.55%8.08%7.07%-509 bps
Net Interest Margin4.07%4.00%3.98%3.62%3.84%3.62%3.42%3.02%-59 bps
Efficiency Ratio62.82%62.09%61.34%60.30%59.82%61.61%64.98%64.07%+378 bps
Non-Interest Burden2.30%2.24%2.19%1.90%2.00%2.02%2.06%1.79%-11 bps
Growth
Asset Growth (YoY)-5.17%-10.08%13.44%14.68%7.89%9.82%7.67%12.55%-213 bps
Loan Growth (YoY)2.14%7.45%13.58%10.49%10.37%2.89%-0.31%-4.24%-1,473 bps
Deposit Growth (YoY)-2.38%-5.21%2.51%18.39%2.64%0.19%3.74%-5.67%-2,405 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.00%0.25%0.56%0.57%0.14%0.37%0.41%-16 bps
Allowance / Loans1.39%1.48%1.33%1.14%1.16%1.30%1.32%1.49%+35 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.91%10.71%10.38%10.47%10.68%11.40%11.28%11.83%+136 bps
Equity / Assets7.90%8.02%7.56%7.33%7.55%7.67%7.46%6.95%-38 bps
Liquidity & Funding
Loans / Deposits86.71%92.26%93.37%84.24%93.24%94.75%89.72%85.51%+128 bps
Liquid Assets / Assets0.19%0.14%0.12%3.78%0.34%0.21%0.23%13.57%+979 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a