PackageTrendsPeer
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Mills County State Bank

Glenwood, IA · Cert 212

FDIC

Q4 2007

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2007, the quarter ended December 31, 2007, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Mills County State Bank

Glenwood, IA · Cert 212

FDIC

Q4 2007

$34.0MAssets
$19.8MLoans
$30.4MDeposits
$3.5MEquity
Deposit mix
82%Interest-bearing $24.8M18%Noninterest $5.6MQ4 2006Q4 2007

NIM

5.15%Q4 ’055.58%Q4 ’065.96%Q4 ’07-4%+1%

Non-interest income vs. expense

4.75%Q4 ’054.65%Q4 ’064.71%Q4 ’070%-5%

Executive Summary

  • Earnings: ROA of 0.99%, up 26 bps year over year; NIM at 3.99%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 65.30% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

0.99%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.99%+5 bps YoY

Efficiency Ratio (YTD, annualized)

82.41%-313 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.72%0.56%0.78%0.88%0.99%+26 bps
Return on Equity8.41%6.10%8.50%9.42%10.33%+192 bps
Net Interest Margin3.94%3.98%3.93%3.98%3.99%+5 bps
Efficiency Ratio85.54%89.13%85.80%84.02%82.41%-313 bps
Non-Interest Burden3.15%3.38%3.12%3.05%2.98%-17 bps
Growth
Asset Growth (YoY)-1.65%-2.16%-2.14%0.98%-0.40%+125 bps
Loan Growth (YoY)5.69%-0.98%-6.00%0.90%0.97%-472 bps
Deposit Growth (YoY)-0.44%-0.16%2.27%-5.08%-0.62%-19 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.19%0.00%0.00%0.05%0.05%-14 bps
Allowance / Loans1.44%1.51%1.56%1.40%1.37%-6 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 Capital16.59%17.30%18.15%17.22%18.06%+148 bps
Equity / Assets9.14%9.29%9.27%9.72%10.33%+119 bps
Liquidity & Funding
Loans / Deposits64.27%60.48%58.64%66.89%65.30%+103 bps
Liquid Assets / Assets9.96%9.66%10.25%9.50%8.64%-132 bps
CRE / Total Capitaln/an/an/an/an/an/an/a