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Canon National Bank

Canon City, CO · Cert 21801

FDIC · 9 branches

Q3 2015

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: Q3 2015, the quarter ended September 30, 2015, 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

Canon National Bank

Canon City, CO · Cert 21801

FDIC · 9 branches

Q3 2015

$260.0MAssets
$162.7MLoans
$231.6MDeposits
$27.2MEquity
Loan mix
89%RE $114.7M10%C&I $12.8M1%Consumer $0.8MQ3 2014Q3 2015
Deposit mix
63%Interest-bearing $146.0M37%Noninterest $85.7MQ3 2014Q3 2015

NIM

4.15%Q3 ’134.18%Q3 ’144.43%Q3 ’15+4%+8%

Non-interest income vs. expense

3.68%Q3 ’133.54%Q3 ’143.60%Q3 ’15-1%-5%

Market Position · Pueblo, CO · 2015 SOD (annual) · 4.8% share · #7 of 14 inst. · $0.1B of $1.6B

21.8% Fremont
4.8% Pueblo
0.3% El Paso

Executive Summary

  • Earnings: ROA of 1.01%, up 21 bps year over year; NIM at 4.18%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.15%.
  • Capital: tier 1 leverage ratio of 10.57%.
  • Funding: loans stand at 70.23% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

1.01%+21 bps YoY

Net Interest Margin (YTD, annualized)

4.18%+31 bps YoY

Efficiency Ratio (YTD, annualized)

69.33%-612 bps YoY

Tier 1 Leverage Ratio

10.57%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.81%0.80%0.99%1.00%1.01%+21 bps
Return on Equity7.69%7.67%9.42%9.52%9.63%+195 bps
Net Interest Margin3.87%3.87%4.42%4.24%4.18%+31 bps
Efficiency Ratio75.45%75.49%70.17%69.87%69.33%-612 bps
Non-Interest Burden2.72%2.73%2.86%2.67%2.59%-13 bps
Growth
Asset Growth (YoY)8.98%1.35%3.58%3.13%1.98%-700 bps
Loan Growth (YoY)12.85%9.83%8.57%8.90%5.64%-720 bps
Deposit Growth (YoY)10.27%1.29%3.69%3.43%1.54%-873 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.07%0.05%-0.01%-0.22%-0.15%-22 bps
Allowance / Loans1.90%1.96%1.92%1.96%1.92%+2 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a10.35%10.50%10.57%n/a
Total Risk-Based Capital16.21%16.72%17.36%18.43%18.56%+235 bps
Equity / Assets10.04%10.45%10.56%10.61%10.48%+44 bps
Liquidity & Funding
Loans / Deposits67.50%67.55%68.53%70.58%70.23%+273 bps
Liquid Assets / Assets4.59%2.80%2.93%2.26%6.19%+160 bps
CRE / Total Capitaln/an/an/an/an/an/an/a