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First National Bank

Derby, KS · Cert 21463

FDIC · 5 branches

Q4 2018

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 2018, the quarter ended December 31, 2018, 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

First National Bank

Derby, KS · Cert 21463

FDIC · 5 branches

Q4 2018

$139.3MAssets
$91.6MLoans
$123.0MDeposits
$10.9MEquity
Loan mix
87%RE $64.0M7%C&I $5.2M6%Consumer $4.1MQ4 2017Q4 2018
Deposit mix
61%Interest-bearing $74.6M39%Noninterest $48.4MQ4 2017Q4 2018

NIM

3.51%Q4 ’163.61%Q4 ’173.79%Q4 ’18+3%+2%

Non-interest income vs. expense

3.42%Q4 ’163.45%Q4 ’174.04%Q4 ’18+2%+29%

Market Position · Wichita, KS · 2018 SOD (annual) · 0.8% share · #18 of 52 inst. · $0.1B of $15.8B

0.7% Sedgwick
3.8% Butler

Executive Summary

  • Earnings: ROA of 0.56%, down 53 bps year over year; NIM at 3.52%.
  • Asset quality: problem loans at 0.05% of loans (+5 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 7.98%, down 102 bps from a year ago.
  • Funding: loans stand at 74.49% of deposits as of Q4 2018.

Financial Results

Return on Assets (YTD, annualized)

0.56%-53 bps YoY

Net Interest Margin (YTD, annualized)

3.52%+8 bps YoY

Efficiency Ratio (YTD, annualized)

87.69%+1,261 bps YoY

Tier 1 Leverage Ratio

7.98%-102 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2017Q1 2018Q2 2018Q3 2018Q4 2018YoY ΔTrend
Earnings
Return on Assets1.09%1.14%1.25%1.27%0.56%-53 bps
Return on Equity12.54%13.32%14.76%15.07%6.78%-576 bps
Net Interest Margin3.45%3.49%3.46%3.47%3.52%+8 bps
Efficiency Ratio75.07%73.14%71.49%71.89%87.69%+1,261 bps
Non-Interest Burden2.30%2.30%2.16%2.19%2.96%+66 bps
Growth
Asset Growth (YoY)1.20%3.72%4.29%3.91%1.16%-4 bps
Loan Growth (YoY)0.77%6.68%6.65%5.33%1.66%+89 bps
Deposit Growth (YoY)1.81%2.50%4.45%1.22%5.31%+349 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.03%0.00%0.00%0.05%+5 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.96%0.93%0.91%0.93%0.96%0 bps
Allowance Coverage of NPLsn/a31.0xn/an/a20.1xn/a
Capital
Tier 1 Leverage Ratio9.00%8.99%8.73%8.78%7.98%-102 bps
Total Risk-Based Capital13.22%13.13%12.73%13.27%11.72%-150 bps
Equity / Assets8.72%8.47%8.21%8.30%7.80%-92 bps
Liquidity & Funding
Loans / Deposits77.16%74.05%74.14%75.70%74.49%-267 bps
Liquid Assets / Assets0.88%0.94%0.87%1.48%1.45%+58 bps
CRE / Total Capitaln/an/an/an/an/an/an/a