PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Rushmore Bank and Trust

Rapid City, SD · Cert 25259

FDIC

Q1 2003

$255.4MAssets
$202.9MLoans
$212.5MDeposits
$21.5MEquity
Loan mix
40%RE $46.7M60%C&I $69.6M0%Consumer $0.4MQ2 2001Q1 2003
Deposit mix
87%Interest-bearing $185.2M13%Noninterest $27.3MQ2 2001Q1 2003

Executive Summary

  • Earnings: ROA of 1.55%, up 95 bps year over year; NIM at 4.52%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 95.48% of deposits as of Q1 2003.

Return on Assets (YTD, annualized)

1.55%+95 bps YoY

Net Interest Margin (YTD, annualized)

4.52%+31 bps YoY

Efficiency Ratio (YTD, annualized)

54.29%+622 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

8.09%Q1 ’017.03%Q1 ’026.59%Q1 ’03+23%+7%

Non-interest income vs. expense

2.51%Q1 ’012.55%Q1 ’023.38%Q1 ’03-5%+14%

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.98%1.16%0.90%0.60%1.09%1.25%1.33%1.55%+95 bps
Return on Equityn/an/an/a7.40%13.60%15.59%16.45%18.42%+1,102 bps
Net Interest Margin3.55%3.47%3.66%4.22%4.27%4.10%4.31%4.52%+31 bps
Efficiency Ratio55.48%53.29%51.86%48.08%48.73%50.13%51.60%54.29%+622 bps
Non-Interest Burden1.49%1.36%1.36%1.48%1.50%1.46%1.58%1.69%+20 bps
Growth
Asset Growth (YoY)9.96%12.63%3.03%1.97%2.51%6.26%3.93%7.12%+515 bps
Loan Growth (YoY)5.51%11.10%15.07%9.37%6.17%8.20%7.22%4.86%-451 bps
Deposit Growth (YoY)12.68%16.12%3.43%4.42%5.51%9.40%4.40%6.00%+158 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 / Loans0.23%0.16%0.60%3.79%1.92%1.31%1.03%-0.02%-381 bps
Allowance / Loans1.31%1.31%1.62%1.22%1.24%1.25%1.28%1.41%+19 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 Capital11.41%11.68%10.74%11.03%11.37%11.21%11.60%11.69%+66 bps
Equity / Assets7.88%8.14%8.12%8.06%7.92%7.95%8.44%8.41%+35 bps
Liquidity & Funding
Loans / Deposits91.99%93.09%95.83%96.52%92.57%92.07%98.41%95.48%-104 bps
Liquid Assets / Assets0.53%2.24%0.19%0.10%0.09%0.08%0.00%0.02%-8 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a