PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Citizens State Bank

Polk, NE · Cert 1985

FDIC

Q1 2002

$10.5MAssets
$6.6MLoans
$9.1MDeposits
$1.4MEquity
Deposit mix
94%Interest-bearing $8.5M6%Noninterest $0.6MQ1 2001Q1 2002

NIM

8.60%Q1 ’017.27%Q1 ’02-2%

Non-interest income vs. expense

4.00%Q1 ’013.67%Q1 ’02-8%

Executive Summary

  • Earnings: ROA of 1.05%, up 16 bps year over year; NIM at 4.71%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.06%.
  • Funding: loans stand at 72.57% of deposits as of Q1 2002.

Financial Results

Return on Assets (quarter, annualized)

1.05%+16 bps YoY

Net Interest Margin (quarter, annualized)

4.71%-11 bps YoY

Efficiency Ratio (quarter, annualized)

72.26%-400 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets0.90%1.12%0.85%0.22%1.05%+16 bps
Return on Equityn/a9.14%6.86%1.77%8.17%n/a
Net Interest Margin4.83%4.97%5.14%5.10%4.71%-11 bps
Efficiency Ratio76.26%72.22%72.08%79.02%72.26%-400 bps
Non-Interest Burden3.58%3.49%3.56%3.98%3.30%-28 bps
Growth
Asset Growth (YoY)3.78%4.41%2.93%-0.64%-0.58%-436 bps
Loan Growth (YoY)17.35%9.58%2.73%-2.96%-13.04%-3,039 bps
Deposit Growth (YoY)-0.98%4.89%4.90%1.61%2.66%+365 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.11%0.81%-0.05%0.97%-0.06%+4 bps
Allowance / Loans2.01%1.74%2.01%2.13%2.27%+26 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 Capital16.98%17.79%18.07%18.80%19.98%+299 bps
Equity / Assets12.24%12.26%12.68%12.70%13.13%+89 bps
Liquidity & Funding
Loans / Deposits85.67%88.45%83.23%75.74%72.57%-1,310 bps
Liquid Assets / Assets17.37%17.90%20.02%19.99%17.44%+7 bps
CRE / Total Capitaln/an/an/an/an/an/an/a