PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Howard County

Dierks, AR · Cert 20365

FDIC

Q4 2004

$38.5MAssets
$17.9MLoans
$31.4MDeposits
$7.0MEquity
Deposit mix
88%Interest-bearing $27.5M12%Noninterest $3.9MQ4 2003Q4 2004

NIM

6.01%Q4 ’025.43%Q4 ’035.22%Q4 ’04+5%+2%

Non-interest income vs. expense

1.93%Q4 ’022.30%Q4 ’032.22%Q4 ’04+30%-2%

Executive Summary

  • Earnings: ROA of 1.08%, down 16 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.23%.
  • Funding: loans stand at 57.10% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

1.08%-16 bps YoY

Net Interest Margin (YTD, annualized)

3.92%+8 bps YoY

Efficiency Ratio (YTD, annualized)

52.24%-249 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets1.23%1.28%1.02%1.03%1.08%-16 bps
Return on Equity7.33%7.40%5.96%5.95%6.16%-116 bps
Net Interest Margin3.85%3.91%3.95%3.98%3.92%+8 bps
Efficiency Ratio54.73%48.80%55.53%53.12%52.24%-249 bps
Non-Interest Burden1.94%1.72%2.04%1.96%1.89%-5 bps
Growth
Asset Growth (YoY)2.51%3.94%3.44%-0.95%-2.00%-451 bps
Loan Growth (YoY)-12.35%-11.65%-6.27%-6.21%-10.89%+146 bps
Deposit Growth (YoY)1.98%3.15%2.04%0.98%-3.54%-552 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.42%0.02%0.32%0.29%0.23%-19 bps
Allowance / Loans1.18%1.32%1.38%1.67%1.99%+81 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 Capital31.53%32.96%31.95%33.37%35.88%+435 bps
Equity / Assets16.90%17.70%16.78%17.72%18.17%+126 bps
Liquidity & Funding
Loans / Deposits61.81%61.14%62.90%60.06%57.10%-471 bps
Liquid Assets / Assets0.01%0.01%0.01%0.03%0.02%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a