PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Harris Bank Elk Grove, National Association

Elk Grove Village, IL · Cert 20544

FDIC

Q1 2005

$196.8MAssets
$152.4MLoans
$178.4MDeposits
$15.0MEquity
Loan mix
88%RE $81.6M12%C&I $10.9M0%Consumer $0.2MQ1 2004Q1 2005
Deposit mix
80%Interest-bearing $143.6M20%Noninterest $34.9MQ1 2004Q1 2005

NIM

5.39%Q1 ’034.75%Q1 ’044.76%Q1 ’05-4%-10%

Non-interest income vs. expense

2.49%Q1 ’032.47%Q1 ’042.44%Q1 ’05+6%+1%

Executive Summary

  • Earnings: ROA of 0.93%, down 12 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 85.44% of deposits as of Q1 2005.

Financial Results

Return on Assets (YTD, annualized)

0.93%-12 bps YoY

Net Interest Margin (YTD, annualized)

3.41%-37 bps YoY

Efficiency Ratio (YTD, annualized)

62.55%+547 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005YoY ΔTrend
Earnings
Return on Assets1.06%1.04%0.96%0.94%0.93%-12 bps
Return on Equity13.96%13.95%12.90%12.45%12.19%-177 bps
Net Interest Margin3.78%3.79%3.52%3.42%3.41%-37 bps
Efficiency Ratio57.08%57.87%60.59%61.37%62.55%+547 bps
Non-Interest Burden1.92%1.95%1.92%1.90%1.95%+2 bps
Growth
Asset Growth (YoY)5.01%8.67%13.51%11.42%9.75%+474 bps
Loan Growth (YoY)8.45%7.40%11.19%7.35%0.94%-751 bps
Deposit Growth (YoY)-0.64%8.77%13.59%14.70%18.11%+1,875 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.13%0.11%0.07%0.09%0.06%-7 bps
Allowance / Loans1.09%1.09%1.07%1.09%1.11%+2 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 Capital11.35%11.55%11.41%11.73%12.03%+68 bps
Equity / Assets7.50%7.35%7.43%7.68%7.61%+11 bps
Liquidity & Funding
Loans / Deposits99.97%87.84%90.45%91.59%85.44%-1,453 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a