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Hastings State Bank

Hastings, NE · Cert 18984

FDIC

Q3 2012

$136.3MAssets
$69.1MLoans
$109.3MDeposits
$11.2MEquity
Loan mix
65%RE $24.9M30%C&I $11.5M5%Consumer $2.0MQ3 2011Q3 2012
Deposit mix
81%Interest-bearing $88.8M19%Noninterest $20.4MQ3 2011Q3 2012

NIM

5.16%Q3 ’104.40%Q3 ’113.85%Q3 ’12-12%-2%

Non-interest income vs. expense

4.02%Q3 ’103.86%Q3 ’113.54%Q3 ’12+3%-21%

Executive Summary

  • Earnings: ROA of 0.62%, up 51 bps year over year; NIM at 3.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.05%.
  • Funding: loans stand at 63.21% of deposits as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

0.62%+51 bps YoY

Net Interest Margin (YTD, annualized)

3.20%-8 bps YoY

Efficiency Ratio (YTD, annualized)

93.69%-1,996 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets0.12%10.16%10.66%0.77%0.62%+51 bps
Return on Equity1.79%2.39%8.85%10.10%8.03%+624 bps
Net Interest Margin3.28%3.31%3.20%3.17%3.20%-8 bps
Efficiency Ratio113.65%109.57%82.88%92.80%93.69%-1,996 bps
Non-Interest Burden3.75%3.64%2.52%2.90%2.97%-78 bps
Growth
Asset Growth (YoY)-1.79%-6.49%-1.03%-1.93%-2.11%-33 bps
Loan Growth (YoY)-10.14%-8.88%-5.56%-7.74%-14.29%-416 bps
Deposit Growth (YoY)-4.18%-6.19%-7.45%-2.12%-1.29%+288 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.19%-0.84%-0.48%-0.32%-0.05%+14 bps
Allowance / Loans3.14%4.18%4.42%4.44%4.42%+128 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 Capital13.38%14.32%14.86%15.41%15.58%+220 bps
Equity / Assets7.55%7.48%7.48%7.93%8.20%+65 bps
Liquidity & Funding
Loans / Deposits72.80%64.79%64.35%63.99%63.21%-959 bps
Liquid Assets / Assets0.75%0.09%0.10%7.38%4.03%+328 bps
CRE / Total Capitaln/an/an/an/an/an/an/a