PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Postville State Bank

Postville, IA · Cert 213

FDIC

Q4 2005

$65.9MAssets
$28.0MLoans
$56.7MDeposits
$8.7MEquity
Loan mix
67%RE $10.4M33%C&I $5.1M0%Consumer $0.0MQ4 2004Q4 2005
Deposit mix
91%Interest-bearing $51.3M9%Noninterest $5.4MQ4 2004Q4 2005

NIM

5.08%Q4 ’034.94%Q4 ’044.26%Q4 ’05+10%-26%

Non-interest income vs. expense

1.64%Q4 ’031.95%Q4 ’041.71%Q4 ’05+43%-13%

Executive Summary

  • Earnings: ROA of 0.37%, down 44 bps year over year; NIM at 2.26%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 49.39% of deposits as of Q4 2005.

Financial Results

Return on Assets (YTD, annualized)

0.37%-44 bps YoY

Net Interest Margin (YTD, annualized)

2.26%-79 bps YoY

Efficiency Ratio (YTD, annualized)

70.40%+832 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets0.81%0.37%0.63%0.42%0.37%-44 bps
Return on Equity6.73%3.06%4.97%3.29%2.87%-386 bps
Net Interest Margin3.05%2.05%1.34%1.77%2.26%-79 bps
Efficiency Ratio62.08%70.36%44.17%72.93%70.40%+832 bps
Non-Interest Burden1.86%1.40%0.56%1.29%1.61%-25 bps
Growth
Asset Growth (YoY)0.17%2.54%12.29%15.53%8.46%+829 bps
Loan Growth (YoY)-2.55%-0.50%3.91%5.54%11.52%+1,407 bps
Deposit Growth (YoY)-0.59%2.38%5.56%3.52%6.86%+744 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.15%-0.11%-0.02%0.06%-0.01%-16 bps
Allowance / Loans1.53%1.54%1.44%1.35%1.39%-15 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 Capital23.75%24.22%17.11%17.86%19.66%-409 bps
Equity / Assets12.20%12.21%13.78%13.15%13.27%+106 bps
Liquidity & Funding
Loans / Deposits47.32%47.69%48.36%52.39%49.39%+206 bps
Liquid Assets / Assets41.85%39.98%9.36%9.51%7.72%-3,413 bps
CRE / Total Capitaln/an/an/an/an/an/an/a