PackageTrendsPeer
Letter portraitLegal landscape

Firstbank of Lakewood

Lakewood, CO · Cert 23470

FDIC

Q3 2010

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 2010, the quarter ended September 30, 2010, 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

Firstbank of Lakewood

Lakewood, CO · Cert 23470

FDIC

Q3 2010

$400.0MAssets
$132.7MLoans
$364.1MDeposits
$31.2MEquity
Loan mix
92%RE $99.4M7%C&I $8.0M1%Consumer $0.9MQ3 2009Q3 2010
Deposit mix
84%Interest-bearing $307.0M16%Noninterest $57.1MQ3 2009Q3 2010

NIM

5.40%Q3 ’084.76%Q3 ’094.42%Q3 ’10+4%+3%

Non-interest income vs. expense

2.22%Q3 ’082.19%Q3 ’092.20%Q3 ’10+23%+7%

Executive Summary

  • Earnings: ROA of 1.54%, down 8 bps year over year; NIM at 3.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 36.46% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

1.54%-8 bps YoY

Net Interest Margin (YTD, annualized)

3.75%+12 bps YoY

Efficiency Ratio (YTD, annualized)

46.76%-13 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets1.62%1.61%1.66%1.63%1.54%-8 bps
Return on Equity25.03%24.48%24.09%23.16%21.38%-365 bps
Net Interest Margin3.63%3.59%3.66%3.70%3.75%+12 bps
Efficiency Ratio46.89%46.92%45.67%45.68%46.76%-13 bps
Non-Interest Burden1.16%1.14%1.15%1.16%1.24%+9 bps
Growth
Asset Growth (YoY)11.69%14.98%10.86%7.54%2.02%-967 bps
Loan Growth (YoY)7.70%1.61%-2.39%1.76%0.02%-768 bps
Deposit Growth (YoY)15.96%15.39%8.16%6.86%0.39%-1,557 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%0.17%0.06%0.05%0.10%-8 bps
Allowance / Loans1.34%1.53%1.49%1.59%1.77%+43 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 Capital13.95%14.83%14.83%15.11%15.46%+151 bps
Equity / Assets6.69%6.85%6.93%7.34%7.79%+110 bps
Liquidity & Funding
Loans / Deposits36.59%34.23%34.93%36.29%36.46%-13 bps
Liquid Assets / Assets21.83%19.78%18.35%17.58%16.74%-510 bps
CRE / Total Capitaln/an/an/an/an/an/an/a