Whitefish, MT · Cert 2204
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Whitefish, MT · Cert 2204
FDIC
Q1 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.54% | 1.53% | 1.62% | 1.40% | 1.41% | 1.44% | 1.53% | 1.33% | -7 bps | |
| Return on Equity | 17.97% | 17.96% | 18.70% | 15.14% | 15.27% | 15.58% | 16.36% | 13.79% | -135 bps | |
| Net Interest Margin | 3.77% | 3.72% | 3.77% | 3.84% | 3.84% | 3.75% | 3.84% | 4.28% | +44 bps | |
| Efficiency Ratio | 46.03% | 46.35% | 46.41% | 50.55% | 50.17% | 49.30% | 48.02% | 50.83% | +28 bps | |
| Non-Interest Burden | 1.30% | 1.30% | 1.31% | 1.50% | 1.50% | 1.41% | 1.38% | 1.68% | +18 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.81% | 12.00% | 7.64% | 5.89% | 5.97% | 1.47% | 5.29% | 9.31% | +341 bps | |
| Loan Growth (YoY) | 23.91% | 20.57% | 13.47% | 9.58% | 11.11% | 4.16% | 8.80% | 11.95% | +238 bps | |
| Deposit Growth (YoY) | 65.95% | 32.38% | 7.37% | -13.60% | -14.83% | -10.11% | -12.80% | -7.14% | +646 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.01% | 0.01% | 0.01% | -0.01% | 0.00% | 0.03% | 0.03% | 0.11% | +12 bps | |
| Allowance / Loans | 1.25% | 1.21% | 1.28% | 1.30% | 1.24% | 1.25% | 1.26% | 1.34% | +4 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.29% | 11.20% | 12.75% | 12.52% | 11.72% | 11.51% | 12.12% | 11.87% | -65 bps | |
| Equity / Assets | 8.50% | 8.46% | 9.09% | 9.39% | 9.20% | 9.38% | 9.61% | 9.62% | +23 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 110.52% | 115.79% | 119.18% | 120.54% | 144.19% | 134.18% | 148.70% | 145.32% | +2,479 bps | |
| Liquid Assets / Assets | 0.01% | 1.17% | 0.00% | 0.09% | 0.42% | 0.11% | 1.17% | 2.52% | +243 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |