PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

American State Bank

Broken Bow, OK · Cert 22569

FDIC

Q4 2004

$44.8MAssets
$24.1MLoans
$34.4MDeposits
$9.3MEquity
Deposit mix
87%Interest-bearing $29.9M13%Noninterest $4.5MQ4 2003Q4 2004

NIM

6.06%Q4 ’025.42%Q4 ’035.22%Q4 ’04+3%0%

Non-interest income vs. expense

2.27%Q4 ’022.28%Q4 ’032.36%Q4 ’04-3%+5%

Executive Summary

  • Earnings: ROA of 1.35%, down 20 bps year over year; NIM at 3.92%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.09%.
  • Funding: loans stand at 70.02% of deposits as of Q4 2004.

Financial Results

Return on Assets (YTD, annualized)

1.35%-20 bps YoY

Net Interest Margin (YTD, annualized)

3.92%-1 bps YoY

Efficiency Ratio (YTD, annualized)

51.57%+193 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets1.55%1.19%1.35%1.39%1.35%-20 bps
Return on Equity8.44%6.10%7.05%7.16%6.87%-156 bps
Net Interest Margin3.93%3.93%3.83%3.80%3.92%-1 bps
Efficiency Ratio49.64%55.88%51.16%50.36%51.57%+193 bps
Non-Interest Burden1.62%1.93%1.63%1.60%1.70%+9 bps
Growth
Asset Growth (YoY)1.42%-1.19%1.34%-0.75%-1.32%-274 bps
Loan Growth (YoY)-6.99%-9.28%2.01%-3.56%-6.67%+33 bps
Deposit Growth (YoY)0.17%0.42%-3.30%-5.49%-5.92%-610 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%-0.06%0.07%0.05%0.09%+6 bps
Allowance / Loans1.87%1.98%1.82%1.92%2.00%+13 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 Capital33.03%31.83%29.70%37.58%34.91%+188 bps
Equity / Assets19.27%19.63%18.70%20.18%20.71%+144 bps
Liquidity & Funding
Loans / Deposits70.57%69.84%73.72%73.57%70.02%-56 bps
Liquid Assets / Assets0.46%0.46%0.18%0.19%0.10%-36 bps
CRE / Total Capitaln/an/an/an/an/an/an/a