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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

6.15%Q3 ’074.84%Q3 ’082.23%Q3 ’090%-52%

Non-interest income vs. expense

3.16%Q3 ’072.87%Q3 ’081.86%Q3 ’09-22%-125%

Executive Summary

  • Earnings: ROA of -4.25%, down 475 bps year over year; NIM at 1.09%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 27.72% of deposits as of Q3 2009.

Financial Results

Return on Assets (quarter, annualized)

-4.25%-475 bps YoY

Net Interest Margin (quarter, annualized)

1.09%-119 bps YoY

Efficiency Ratio (quarter, annualized)

57.70%-1,295 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets0.49%-11.53%-5.46%-0.41%-4.25%-475 bps
Return on Equity10.57%-548%-303%-14.00%-122.83%-13,340 bps
Net Interest Margin2.28%2.79%2.27%1.65%1.09%-119 bps
Efficiency Ratio70.65%33.90%66.61%44.64%57.70%-1,295 bps
Non-Interest Burden1.09%-0.12%1.02%-0.14%-0.27%-136 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-0.34%0.79%0.00%1.46%0.32%+65 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