Adel, IA · Cert 222
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Adel, IA · Cert 222
FDIC
Q3 2003
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 | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.02% | 0.68% | 0.80% | 0.90% | 0.85% | -3.23% | -1.33% | -1.40% | -230 bps | |
| Return on Equity | n/a | 9.69% | 11.46% | 12.78% | 12.05% | -45.89% | -18.49% | -19.41% | -3,220 bps | |
| Net Interest Margin | 3.37% | 3.52% | 3.73% | 3.70% | 3.68% | 3.50% | 3.67% | 3.90% | +19 bps | |
| Efficiency Ratio | 71.55% | 75.98% | 72.02% | 70.91% | 72.14% | 76.56% | 73.86% | 72.54% | +163 bps | |
| Non-Interest Burden | 2.21% | 2.50% | 2.49% | 2.43% | 2.46% | 2.52% | 2.52% | 2.63% | +20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 17.91% | 11.25% | 14.79% | 8.19% | 6.36% | 10.50% | 1.03% | -1.76% | -994 bps | |
| Loan Growth (YoY) | 0.96% | 4.79% | 8.86% | 11.96% | 10.87% | 3.98% | -1.25% | -6.58% | -1,855 bps | |
| Deposit Growth (YoY) | 20.92% | 14.03% | 17.95% | 10.01% | 7.83% | 12.36% | 3.81% | 1.40% | -861 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 | 0.16% | 0.05% | 0.05% | 0.31% | 0.25% | 5.93% | 3.34% | 2.52% | +221 bps | |
| Allowance / Loans | 1.40% | 1.47% | 1.53% | 1.35% | 1.49% | 1.64% | 1.67% | 2.54% | +119 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 | 11.04% | 11.00% | 10.65% | 10.39% | 10.50% | 11.38% | 11.74% | 11.23% | +85 bps | |
| Equity / Assets | 6.98% | 7.05% | 6.97% | 7.12% | 7.02% | 7.05% | 7.59% | 7.24% | +12 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.67% | 86.27% | 86.97% | 89.92% | 86.03% | 79.84% | 82.73% | 82.84% | -708 bps | |
| Liquid Assets / Assets | 1.19% | 1.19% | 0.92% | 0.91% | 2.49% | 2.39% | 1.93% | 1.96% | +105 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |