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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

4.82%Q4 ’034.55%Q4 ’046.07%Q4 ’05-7%+14%

Non-interest income vs. expense

2.40%Q4 ’033.52%Q4 ’042.15%Q4 ’05+66%-41%

Executive Summary

  • Earnings: ROA of 0.21%, up 82 bps year over year; NIM at 3.00%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.21%.
  • Funding: loans stand at 49.39% of deposits as of Q4 2005.

Financial Results

Return on Assets (quarter, annualized)

0.21%+82 bps YoY

Net Interest Margin (quarter, annualized)

3.00%+38 bps YoY

Efficiency Ratio (quarter, annualized)

65.32%-6,434 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets-0.60%0.37%0.89%0.02%10.21%+82 bps
Return on Equity-4.82%3.06%6.83%0.17%1.63%+645 bps
Net Interest Margin2.62%2.05%0.71%2.64%3.00%+38 bps
Efficiency Ratio129.66%70.36%-33.93%101.56%65.32%-6,434 bps
Non-Interest Burden3.43%1.40%-0.23%2.76%2.02%-141 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 / Loans0.72%-0.11%0.06%0.22%-0.21%-93 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