PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Farmers State Bank of New Washington, Ohio, The

New Washington, OH · Cert 2072

FDIC

Q3 2005

$284.5MAssets
$192.8MLoans
$219.8MDeposits
$47.5MEquity
Loan mix
82%RE $97.4M18%C&I $21.4M0%Consumer $0.2MQ4 2003Q3 2005
Deposit mix
85%Interest-bearing $187.7M15%Noninterest $32.1MQ4 2003Q3 2005

Executive Summary

  • Earnings: ROA of 0.89%, down 8 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.18%.
  • Funding: loans stand at 87.72% of deposits as of Q3 2005.

Return on Assets (quarter, annualized)

0.89%-8 bps YoY

Net Interest Margin (quarter, annualized)

4.13%+39 bps YoY

Efficiency Ratio (quarter, annualized)

67.48%+861 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.86%Q3 ’035.54%Q3 ’045.34%Q3 ’05-6%+10%

Non-interest income vs. expense

2.75%Q3 ’032.46%Q3 ’043.24%Q3 ’05-14%+37%

Discrete quarter, annualized.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets0.85%1.17%1.11%0.97%1.71%1.33%0.83%0.89%-8 bps
Return on Equity7.92%11.59%11.45%9.98%12.95%8.73%5.09%5.33%-465 bps
Net Interest Margin3.92%3.97%3.94%3.74%3.92%4.14%4.18%4.13%+39 bps
Efficiency Ratio59.45%54.74%56.35%58.87%59.94%60.79%69.80%67.48%+861 bps
Non-Interest Burden2.14%2.00%2.04%2.02%2.16%2.05%2.90%2.76%+74 bps
Growth
Asset Growth (YoY)14.58%16.02%12.03%2.82%125.74%105.22%97.75%102.93%+10,011 bps
Loan Growth (YoY)37.67%31.45%24.11%10.17%74.78%59.13%51.64%55.56%+4,539 bps
Deposit Growth (YoY)1.42%1.61%-7.33%-13.83%141.26%123.10%130.08%129.50%+14,332 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 / Loans0.08%0.04%0.12%0.32%1.20%-0.71%-0.40%0.18%-13 bps
Allowance / Loans1.25%1.28%1.37%1.40%3.25%3.63%4.01%3.93%+253 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 Capital15.14%13.88%13.96%14.06%17.01%17.85%19.00%18.85%+479 bps
Equity / Assets10.53%9.66%9.67%9.82%14.69%15.86%16.66%16.71%+690 bps
Liquidity & Funding
Loans / Deposits111.04%118.44%122.97%129.41%80.45%84.48%81.04%87.72%-4,169 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.04%0.04%0.05%0.03%+3 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a