PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Commerce Exchange Bank

Beachwood, OH · Cert 26533

FDIC

Q3 2001

$114.9MAssets
$94.5MLoans
$98.7MDeposits
$12.9MEquity
Loan mix
7%RE $2.6M93%C&I $36.7M0%Consumer $0.0MQ3 2000Q3 2001
Deposit mix
78%Interest-bearing $77.1M22%Noninterest $21.6MQ3 2000Q3 2001

NIM

9.10%Q1 ’018.84%Q2 ’018.53%Q3 ’01-3%-4%

Non-interest income vs. expense

2.99%Q1 ’013.18%Q2 ’013.55%Q3 ’01+7%+12%

Executive Summary

  • Earnings: ROA of 1.15%, down 1 bps year over year; NIM at 4.99%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.30%.
  • Funding: loans stand at 95.79% of deposits as of Q3 2001.

Financial Results

Return on Assets (YTD, annualized)

1.15%-1 bps YoY

Net Interest Margin (YTD, annualized)

4.99%

Efficiency Ratio (YTD, annualized)

62.27%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets1.15%1.26%1.77%1.59%1.15%-1 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a5.31%5.17%4.99%n/a
Efficiency Ration/an/a50.40%54.67%62.27%n/a
Non-Interest Burdenn/an/a2.36%2.54%2.83%n/a
Growth
Asset Growth (YoY)20.46%10.32%6.97%2.11%-0.93%-2,139 bps
Loan Growth (YoY)25.02%18.30%12.16%19.10%11.19%-1,383 bps
Deposit Growth (YoY)22.77%9.16%8.93%3.35%-1.53%-2,430 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a0.03%0.46%0.30%n/a
Allowance / Loansn/an/a2.56%2.30%2.80%n/a
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 Capitaln/an/a13.71%13.65%14.05%n/a
Equity / Assetsn/an/a10.42%10.54%11.23%n/a
Liquidity & Funding
Loans / Deposits84.83%86.64%91.49%93.29%95.79%+1,095 bps
Liquid Assets / Assets0.00%0.00%0.04%0.05%0.06%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a