Galesburg, IL · Cert 19734
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Galesburg, IL · Cert 19734
FDIC
Q3 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.44% | -0.28% | 0.03% | 0.59% | 0.53% | 0.66% | 0.65% | 0.71% | +11 bps | |
| Return on Equity | 3.98% | -2.61% | 0.25% | 5.60% | 5.03% | 6.21% | 6.03% | 6.23% | +64 bps | |
| Net Interest Margin | 2.97% | 2.44% | 2.57% | 2.62% | 2.55% | 2.69% | 2.82% | 3.23% | +61 bps | |
| Efficiency Ratio | 80.50% | 96.58% | 89.96% | 72.95% | 74.74% | 78.84% | 77.96% | 75.79% | +284 bps | |
| Non-Interest Burden | 2.29% | 2.34% | 2.26% | 1.63% | 1.70% | 2.02% | 2.09% | 2.31% | +68 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 1.56% | 8.18% | 4.13% | 14.24% | 12.78% | 8.54% | 1.07% | -12.64% | -2,688 bps | |
| Loan Growth (YoY) | -1.44% | -0.62% | 12.77% | 24.49% | 33.97% | 34.66% | 16.32% | -1.76% | -2,625 bps | |
| Deposit Growth (YoY) | 1.56% | 11.52% | 8.13% | 17.00% | 14.95% | 7.60% | -1.56% | -13.07% | -3,007 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 1.11% | 0.11% | 0.41% | 0.25% | 0.32% | 0.00% | 0.00% | 0.00% | -25 bps | |
| Allowance / Loans | 0.65% | 0.63% | 0.45% | 0.47% | 0.31% | 0.36% | 0.39% | 0.43% | -4 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 20.83% | 20.64% | 18.90% | 18.26% | 16.53% | 16.95% | 17.90% | 19.68% | +142 bps | |
| Equity / Assets | 11.11% | 10.68% | 10.18% | 10.45% | 10.50% | 10.71% | 11.36% | 12.95% | +250 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 66.31% | 60.89% | 66.38% | 69.86% | 77.28% | 76.20% | 78.44% | 78.95% | +909 bps | |
| Liquid Assets / Assets | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |