PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National City Bank of Minneapolis

Minneapolis, MN · Cert 19081

FDIC

Q3 2001

$924.2MAssets
$649.9MLoans
$544.8MDeposits
$83.5MEquity
Loan mix
35%RE $204.5M61%C&I $356.5M3%Consumer $20.1MQ3 2000Q3 2001
Deposit mix
67%Interest-bearing $365.6M33%Noninterest $179.2MQ3 2000Q3 2001

NIM

7.60%Q1 ’017.49%Q2 ’011.50%Q3 ’01+4%-76%

Non-interest income vs. expense

2.92%Q1 ’013.00%Q2 ’010.66%Q3 ’01-1%-78%

Executive Summary

  • Earnings: ROA of 0.25%, down 86 bps year over year; NIM at 0.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 119.30% of deposits as of Q3 2001.

Financial Results

Return on Assets (YTD, annualized)

0.25%-86 bps YoY

Net Interest Margin (YTD, annualized)

0.87%

Efficiency Ratio (YTD, annualized)

58.61%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.11%1.11%1.12%1.13%0.25%-86 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a3.55%3.68%0.87%n/a
Efficiency Ration/an/a62.94%61.74%58.61%n/a
Non-Interest Burdenn/an/a1.84%1.82%0.40%n/a
Growth
Asset Growth (YoY)14.63%7.96%9.60%-0.08%3.76%-1,087 bps
Loan Growth (YoY)15.93%16.39%10.71%4.97%7.41%-852 bps
Deposit Growth (YoY)13.96%5.41%2.86%-9.96%-16.65%-3,062 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.16%0.04%-0.01%n/a
Allowance / Loansn/an/an/an/an/an/an/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/a11.03%10.99%8.83%n/a
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits92.57%94.13%91.17%98.65%119.30%+2,673 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a