PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community National Bank

North Branch, MN · Cert 23306

FDIC

Q3 2010

$31.6MAssets
$16.0MLoans
$28.8MDeposits
$2.7MEquity
Loan mix
70%RE $7.8M29%C&I $3.2M1%Consumer $0.1MQ3 2009Q3 2010
Deposit mix
90%Interest-bearing $25.8M10%Noninterest $3.0MQ3 2009Q3 2010

NIM

5.30%Q3 ’083.95%Q3 ’093.80%Q3 ’10-57%+108%

Non-interest income vs. expense

6.19%Q3 ’088.16%Q3 ’098.87%Q3 ’10+161%-25%

Executive Summary

  • Earnings: ROA of -6.83%, up 364 bps year over year; NIM at 1.91%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.48%.
  • Funding: loans stand at 55.34% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

-6.83%+364 bps YoY

Net Interest Margin (YTD, annualized)

1.91%+99 bps YoY

Efficiency Ratio (YTD, annualized)

798%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets-10.47%-9.29%-6.15%-5.42%-6.83%+364 bps
Return on Equity-75.94%-69.58%-57.88%-51.66%-68.10%+783 bps
Net Interest Margin0.92%0.95%1.95%1.81%1.91%+99 bps
Efficiency Ration/an/a453%375%798%n/a
Non-Interest Burden12.93%12.26%8.16%7.81%9.67%-326 bps
Growth
Asset Growth (YoY)-48.07%-28.43%-30.65%-28.18%-25.17%+2,290 bps
Loan Growth (YoY)-58.02%-41.02%-41.12%-25.74%-21.78%+3,624 bps
Deposit Growth (YoY)-45.00%-20.25%-24.62%-20.96%-22.14%+2,286 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans6.83%6.33%-0.93%1.88%0.48%-636 bps
Allowance / Loans5.07%4.57%5.18%3.74%4.76%-31 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 Capital15.56%14.68%13.51%14.22%12.11%-344 bps
Equity / Assets11.98%11.18%10.04%10.16%8.40%-358 bps
Liquidity & Funding
Loans / Deposits55.08%53.57%50.48%56.79%55.34%+25 bps
Liquid Assets / Assets0.36%4.16%8.57%14.37%19.39%+1,903 bps
CRE / Total Capitaln/an/an/an/an/an/an/a