Leadville, CO · Cert 23216
FDIC
Q3 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2008, the quarter ended September 30, 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.
Leadville, CO · Cert 23216
FDIC
Q3 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 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.36% | 1.25% | 1.69% | 1.68% | 1.70% | 5.63% | 0.56% | 1.01% | -67 bps | |
| Return on Equity | 19.52% | 17.42% | 23.70% | 23.46% | 23.64% | 73.29% | 5.39% | 8.59% | -1,487 bps | |
| Net Interest Margin | 4.93% | 4.81% | 4.76% | 4.95% | 4.88% | 4.90% | 1.57% | 2.45% | -250 bps | |
| Efficiency Ratio | 76.56% | 78.33% | 74.96% | 74.25% | 73.69% | 41.62% | 70.13% | 56.19% | -1,806 bps | |
| Non-Interest Burden | 3.55% | 3.56% | 3.33% | 3.43% | 3.32% | -0.65% | 1.03% | 1.51% | -192 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -0.37% | -1.95% | 1.97% | 0.02% | 4.02% | 5.19% | 15.22% | 18.05% | +1,803 bps | |
| Loan Growth (YoY) | 9.91% | 6.36% | 6.11% | 9.25% | 9.73% | 5.31% | 5.55% | 2.25% | -700 bps | |
| Deposit Growth (YoY) | 6.10% | 2.20% | 6.14% | 0.81% | 3.26% | 3.83% | 5.88% | 11.77% | +1,096 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 | 0.06% | -0.20% | -0.40% | -0.21% | -0.18% | -0.03% | 0.23% | 0.21% | +42 bps | |
| Allowance / Loans | 1.75% | 1.81% | 1.76% | 1.67% | 1.64% | 1.73% | 1.55% | 1.51% | -16 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 | 15.36% | 15.37% | 14.88% | 14.37% | 14.13% | 16.41% | 16.05% | 17.04% | +266 bps | |
| Equity / Assets | 7.25% | 7.05% | 7.11% | 7.22% | 7.30% | 8.05% | 15.02% | 15.61% | +839 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 85.43% | 80.51% | 80.23% | 84.25% | 90.78% | 81.65% | 79.98% | 77.08% | -718 bps | |
| Liquid Assets / Assets | 28.44% | 28.95% | 27.98% | 26.89% | 25.52% | 22.88% | 23.84% | 26.41% | -48 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |