PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community Bank of Galesburg

Galesburg, IL · Cert 19734

FDIC

Q3 2008

$42.3MAssets
$26.9MLoans
$34.0MDeposits
$5.5MEquity
Loan mix
75%RE $14.5M25%C&I $4.7M0%Consumer $0.0MQ4 2006Q3 2008
Deposit mix
91%Interest-bearing $31.1M9%Noninterest $3.0MQ4 2006Q3 2008

Executive Summary

  • Earnings: ROA of 0.71%, up 11 bps year over year; NIM at 3.23%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 78.95% of deposits as of Q3 2008.

Return on Assets (YTD, annualized)

0.71%+11 bps YoY

Net Interest Margin (YTD, annualized)

3.23%+61 bps YoY

Efficiency Ratio (YTD, annualized)

75.79%+284 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.36%Q3 ’065.57%Q3 ’076.06%Q3 ’08-14%+23%

Non-interest income vs. expense

2.78%Q3 ’062.65%Q3 ’072.86%Q3 ’08-28%+42%

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.44%-0.28%0.03%0.59%0.53%0.66%0.65%0.71%+11 bps
Return on Equity3.98%-2.61%0.25%5.60%5.03%6.21%6.03%6.23%+64 bps
Net Interest Margin2.97%2.44%2.57%2.62%2.55%2.69%2.82%3.23%+61 bps
Efficiency Ratio80.50%96.58%89.96%72.95%74.74%78.84%77.96%75.79%+284 bps
Non-Interest Burden2.29%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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.11%0.11%0.41%0.25%0.32%0.00%0.00%0.00%-25 bps
Allowance / Loans0.65%0.63%0.45%0.47%0.31%0.36%0.39%0.43%-4 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 Capital20.83%20.64%18.90%18.26%16.53%16.95%17.90%19.68%+142 bps
Equity / Assets11.11%10.68%10.18%10.45%10.50%10.71%11.36%12.95%+250 bps
Liquidity & Funding
Loans / Deposits66.31%60.89%66.38%69.86%77.28%76.20%78.44%78.95%+909 bps
Liquid Assets / Assets0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a