PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State National Bank, El Paso, Texas

El Paso, TX · Cert 21724

FDIC

Q4 2002

$584.5MAssets
$387.3MLoans
$487.1MDeposits
$71.4MEquity
Loan mix
44%RE $78.1M55%C&I $96.9M0%Consumer $0.7MQ4 2001Q4 2002
Deposit mix
72%Interest-bearing $351.0M28%Noninterest $136.1MQ4 2001Q4 2002

NIM

7.38%Q1 ’016.19%Q4 ’015.48%Q4 ’02+2%-2%

Non-interest income vs. expense

4.08%Q1 ’013.91%Q4 ’014.11%Q4 ’02-19%+8%

Executive Summary

  • Earnings: ROA of 1.31%, up 20 bps year over year; NIM at 4.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
  • Funding: loans stand at 79.51% of deposits as of Q4 2002.

Financial Results

Return on Assets (quarter, annualized)

1.31%+20 bps YoY

Net Interest Margin (quarter, annualized)

4.44%-9 bps YoY

Efficiency Ratio (quarter, annualized)

66.01%+105 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2001Q1 2002Q2 2002Q3 2002Q4 2002YoY ΔTrend
Earnings
Return on Assets1.11%1.11%1.11%1.05%1.31%+20 bps
Return on Equity8.40%8.24%8.49%8.32%10.59%+218 bps
Net Interest Margin4.53%4.54%4.58%4.43%4.44%-9 bps
Efficiency Ratio64.96%63.49%62.13%70.39%66.01%+105 bps
Non-Interest Burden2.42%2.64%2.52%2.90%2.62%+20 bps
Growth
Asset Growth (YoY)13.58%12.44%-5.93%-0.24%0.71%-1,287 bps
Loan Growth (YoY)33.37%30.07%12.01%15.07%11.51%-2,186 bps
Deposit Growth (YoY)14.60%12.39%-6.64%-0.65%0.84%-1,375 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.67%0.19%0.40%0.09%0.15%-51 bps
Allowance / Loans1.22%1.21%1.25%1.20%1.20%-2 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 Capital15.09%15.40%13.92%13.33%12.70%-239 bps
Equity / Assets13.41%13.48%12.74%12.54%12.21%-120 bps
Liquidity & Funding
Loans / Deposits71.90%74.57%76.25%79.16%79.51%+761 bps
Liquid Assets / Assets1.71%0.43%1.20%1.64%0.65%-107 bps
CRE / Total Capitaln/an/an/an/an/an/an/a