PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Western Bank of Cheyenne

Cheyenne, WY · Cert 25154

FDIC

Q3 2007

$81.9MAssets
$43.9MLoans
$72.9MDeposits
$8.6MEquity
Loan mix
91%RE $27.4M9%C&I $2.6M0%Consumer $0.1MQ4 2005Q3 2007
Deposit mix
82%Interest-bearing $60.1M18%Noninterest $12.8MQ4 2005Q3 2007

Executive Summary

  • Earnings: ROA of 1.31%, up 4 bps year over year; NIM at 4.02%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
  • Funding: loans stand at 60.19% of deposits as of Q3 2007.

Return on Assets (YTD, annualized)

1.31%+4 bps YoY

Net Interest Margin (YTD, annualized)

4.02%-6 bps YoY

Efficiency Ratio (YTD, annualized)

53.60%-57 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.10%Q3 ’056.23%Q3 ’066.71%Q3 ’07+9%-1%

Non-interest income vs. expense

2.34%Q3 ’052.43%Q3 ’062.26%Q3 ’07+5%+2%

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets1.20%1.07%1.18%1.27%1.29%1.29%1.29%1.31%+4 bps
Return on Equity13.28%11.40%12.50%13.28%13.43%12.85%12.74%12.79%-49 bps
Net Interest Margin3.84%4.15%4.12%4.08%4.22%4.13%4.15%4.02%-6 bps
Efficiency Ratio56.01%56.60%56.41%54.17%53.68%54.27%54.65%53.60%-57 bps
Non-Interest Burden1.97%2.18%2.14%2.02%2.10%2.15%2.18%2.06%+4 bps
Growth
Asset Growth (YoY)10.57%3.58%4.61%2.16%4.81%2.88%2.86%3.05%+89 bps
Loan Growth (YoY)15.46%8.77%6.05%7.45%5.02%-2.42%-9.84%-10.81%-1,827 bps
Deposit Growth (YoY)10.21%2.68%3.63%1.13%4.05%2.03%2.00%2.26%+113 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%0.00%0.00%0.00%0.25%0.22%0.17%+17 bps
Allowance / Loans1.41%1.43%1.40%1.48%1.48%1.49%1.53%1.55%+7 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital17.48%17.46%17.70%18.06%16.82%17.12%18.37%19.46%+140 bps
Equity / Assets9.27%9.42%9.69%9.73%9.93%10.08%10.35%10.50%+78 bps
Liquidity & Funding
Loans / Deposits67.99%69.11%70.64%69.02%68.63%66.09%62.44%60.19%-882 bps
Liquid Assets / Assets30.00%28.26%27.07%25.66%28.62%33.52%34.93%40.50%+1,483 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a