PackageTrendsPeer
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Firstbank of Littleton

Littleton, CO · Cert 26295

FDIC

Q3 2010

$476.8MAssets
$187.0MLoans
$433.4MDeposits
$39.4MEquity
Loan mix
93%RE $133.4M6%C&I $9.3M1%Consumer $1.1MQ3 2009Q3 2010
Deposit mix
82%Interest-bearing $356.1M18%Noninterest $77.3MQ3 2009Q3 2010

NIM

5.61%Q3 ’085.13%Q3 ’094.75%Q3 ’10+7%+3%

Non-interest income vs. expense

2.31%Q3 ’082.31%Q3 ’092.24%Q3 ’10+6%+1%

Executive Summary

  • Earnings: ROA of 1.86%, up 7 bps year over year; NIM at 4.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.59%.
  • Funding: loans stand at 43.14% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

1.86%+7 bps YoY

Net Interest Margin (YTD, annualized)

4.13%+12 bps YoY

Efficiency Ratio (YTD, annualized)

44.17%-166 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 Assets1.79%1.72%1.71%1.84%1.86%+7 bps
Return on Equity25.76%24.58%23.53%24.60%24.28%-148 bps
Net Interest Margin4.01%3.94%3.97%4.04%4.13%+12 bps
Efficiency Ratio45.83%46.30%46.17%44.76%44.17%-166 bps
Non-Interest Burden1.29%1.29%1.52%1.36%1.30%+1 bps
Growth
Asset Growth (YoY)4.54%9.78%8.97%4.00%2.83%-171 bps
Loan Growth (YoY)2.99%0.09%1.67%2.07%1.74%-125 bps
Deposit Growth (YoY)10.92%14.37%8.02%2.45%1.53%-940 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.18%0.18%1.23%0.86%0.59%+41 bps
Allowance / Loans1.34%1.83%1.50%1.33%1.49%+16 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 Capital15.59%15.61%16.36%16.31%16.82%+122 bps
Equity / Assets7.45%7.10%7.40%7.97%8.26%+81 bps
Liquidity & Funding
Loans / Deposits43.05%40.59%39.38%42.97%43.14%+9 bps
Liquid Assets / Assets21.53%19.53%16.99%16.53%15.37%-615 bps
CRE / Total Capitaln/an/an/an/an/an/an/a