PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Interstate Bank

Oak Forest, IL · Cert 20203

FDIC

Q2 2009

$209.8MAssets
$154.6MLoans
$209.2MDeposits
$-1174KEquity
Loan mix
90%RE $85.9M9%C&I $9.0M0%Consumer $0.2MQ2 2008Q2 2009
Deposit mix
97%Interest-bearing $203.8M3%Noninterest $5.4MQ2 2008Q2 2009

NIM

8.68%Q2 ’077.58%Q2 ’083.89%Q2 ’09-12%-59%

Non-interest income vs. expense

3.75%Q2 ’074.01%Q2 ’083.64%Q2 ’09+26%-8%

Executive Summary

  • Earnings: ROA of -20.97%, down 2,251 bps year over year; NIM at 2.12%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 16.76%.
  • Funding: loans stand at 73.87% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-20.97%-2,251 bps YoY

Net Interest Margin (YTD, annualized)

2.12%-305 bps YoY

Efficiency Ratio (YTD, annualized)

135.70%+6,719 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets1.53%1.39%0.55%-42.56%-20.97%-2,251 bps
Return on Equity16.08%14.76%5.91%-993%-793%-80,925 bps
Net Interest Margin5.17%4.96%4.55%0.57%2.12%-305 bps
Efficiency Ratio68.52%67.40%70.32%291%135.70%+6,719 bps
Non-Interest Burden3.33%3.09%2.99%2.75%3.08%-25 bps
Growth
Asset Growth (YoY)7.12%7.67%9.72%-4.76%1.30%-582 bps
Loan Growth (YoY)6.14%6.98%10.23%-1.03%-5.48%-1,162 bps
Deposit Growth (YoY)10.33%4.72%10.75%6.20%15.59%+526 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.08%1.06%32.98%16.76%+1,676 bps
Allowance / Loans1.18%1.33%1.16%6.16%6.26%+507 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 Capital11.90%11.85%11.06%-0.97%-1.77%-1,366 bps
Equity / Assets9.08%9.14%8.78%-0.65%-0.56%-964 bps
Liquidity & Funding
Loans / Deposits90.34%93.40%90.18%80.60%73.87%-1,646 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.05%+5 bps
CRE / Total Capitaln/an/an/an/an/an/an/a