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Independent Bankers' Bank

Springfield, IL · Cert 26820

FDIC

Q3 2009

$585.5MAssets
$141.8MLoans
$511.5MDeposits
$21.1MEquity
Deposit mix
34%Interest-bearing $173.7M66%Noninterest $337.8MQ3 2008Q3 2009

NIM

5.97%Q3 ’075.01%Q3 ’082.71%Q3 ’09+1%-33%

Non-interest income vs. expense

3.27%Q3 ’072.92%Q3 ’081.83%Q3 ’09-28%-85%

Executive Summary

  • Earnings: ROA of -3.38%, down 412 bps year over year; NIM at 1.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.81%.
  • Funding: loans stand at 27.72% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-3.38%-412 bps YoY

Net Interest Margin (YTD, annualized)

1.58%-78 bps YoY

Efficiency Ratio (YTD, annualized)

56.30%-1,300 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets0.73%-2.45%-5.46%-2.86%-3.38%-412 bps
Return on Equity12.97%-52.43%-303%-122.01%-128.43%-14,140 bps
Net Interest Margin2.36%2.28%2.27%1.80%1.58%-78 bps
Efficiency Ratio69.30%59.37%66.61%55.61%56.30%-1,300 bps
Non-Interest Burden1.07%0.68%1.02%0.37%0.16%-91 bps
Growth
Asset Growth (YoY)12.34%15.35%13.66%20.68%-0.77%-1,311 bps
Loan Growth (YoY)32.74%33.82%25.62%24.00%-22.73%-5,548 bps
Deposit Growth (YoY)23.96%24.22%69.13%117.46%99.10%+7,514 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.11%0.12%0.00%0.73%0.81%+92 bps
Allowance / Loans2.01%2.35%2.43%2.17%3.57%+156 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 Capital12.98%7.48%8.06%8.35%8.36%-462 bps
Equity / Assets3.23%1.02%2.53%3.35%3.60%+37 bps
Liquidity & Funding
Loans / Deposits71.44%68.46%47.69%36.79%27.72%-4,371 bps
Liquid Assets / Assets0.35%0.35%16.16%0.25%0.26%-9 bps
CRE / Total Capitaln/an/an/an/an/an/an/a