PackageTrendsPeer
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Raccoon Valley State Bank

Adel, IA · Cert 222

FDIC

Q3 2003

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 2003, the quarter ended September 30, 2003, 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

Raccoon Valley State Bank

Adel, IA · Cert 222

FDIC

Q3 2003

$68.8MAssets
$50.5MLoans
$60.9MDeposits
$5.0MEquity
Loan mix
69%RE $20.3M31%C&I $9.0M0%Consumer $0.1MQ3 2002Q3 2003
Deposit mix
83%Interest-bearing $50.8M17%Noninterest $10.2MQ3 2002Q3 2003

NIM

7.15%Q3 ’016.50%Q3 ’026.10%Q3 ’03+8%+5%

Non-interest income vs. expense

2.98%Q3 ’013.11%Q3 ’023.34%Q3 ’03+4%+8%

Executive Summary

  • Earnings: ROA of -1.40%, down 230 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.52%.
  • Funding: loans stand at 82.84% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

-1.40%-230 bps YoY

Net Interest Margin (YTD, annualized)

3.90%+19 bps YoY

Efficiency Ratio (YTD, annualized)

72.54%+163 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.90%0.85%-3.23%-1.33%-1.40%-230 bps
Return on Equity12.78%12.05%-45.89%-18.49%-19.41%-3,220 bps
Net Interest Margin3.70%3.68%3.50%3.67%3.90%+19 bps
Efficiency Ratio70.91%72.14%76.56%73.86%72.54%+163 bps
Non-Interest Burden2.43%2.46%2.52%2.52%2.63%+20 bps
Growth
Asset Growth (YoY)8.19%6.36%10.50%1.03%-1.76%-994 bps
Loan Growth (YoY)11.96%10.87%3.98%-1.25%-6.58%-1,855 bps
Deposit Growth (YoY)10.01%7.83%12.36%3.81%1.40%-861 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.31%0.25%5.93%3.34%2.52%+221 bps
Allowance / Loans1.35%1.49%1.64%1.67%2.54%+119 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 Capital10.39%10.50%11.38%11.74%11.23%+85 bps
Equity / Assets7.12%7.02%7.05%7.59%7.24%+12 bps
Liquidity & Funding
Loans / Deposits89.92%86.03%79.84%82.73%82.84%-708 bps
Liquid Assets / Assets0.91%2.49%2.39%1.93%1.96%+105 bps
CRE / Total Capitaln/an/an/an/an/an/an/a