PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Arlington National Bank

Arlington, TX · Cert 26822

FDIC

Q1 2004

$95.4MAssets
$59.0MLoans
$87.3MDeposits
$7.9MEquity
Loan mix
45%RE $8.3M55%C&I $10.3M0%Consumer $0.0MQ1 2003Q1 2004
Deposit mix
66%Interest-bearing $57.8M34%Noninterest $29.5MQ1 2003Q1 2004

NIM

6.44%Q1 ’025.62%Q1 ’035.06%Q1 ’04-8%-6%

Non-interest income vs. expense

5.62%Q1 ’025.12%Q1 ’035.51%Q1 ’04-17%+13%

Executive Summary

  • Earnings: ROA of -0.42%, down 120 bps year over year; NIM at 4.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.58%.
  • Funding: loans stand at 67.66% of deposits as of Q1 2004.

Financial Results

Return on Assets (quarter, annualized)

-0.42%-120 bps YoY

Net Interest Margin (quarter, annualized)

4.49%-30 bps YoY

Efficiency Ratio (quarter, annualized)

87.92%+1,035 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets0.78%0.72%0.28%0.21%-0.42%-120 bps
Return on Equity9.22%8.25%3.19%2.39%-4.87%-1,408 bps
Net Interest Margin4.80%4.83%4.70%4.30%4.49%-30 bps
Efficiency Ratio77.57%73.34%77.73%84.30%87.92%+1,035 bps
Non-Interest Burden3.32%3.03%3.25%3.21%3.73%+42 bps
Growth
Asset Growth (YoY)-0.15%-2.72%-1.81%-2.73%4.06%+420 bps
Loan Growth (YoY)-0.23%9.55%6.74%-8.29%-6.56%-633 bps
Deposit Growth (YoY)-1.99%-3.64%-2.34%-3.46%4.73%+672 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.25%1.08%0.41%1.20%2.58%+233 bps
Allowance / Loans0.95%0.90%1.14%1.32%1.16%+20 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 Capital14.29%14.48%14.86%15.21%15.02%+73 bps
Equity / Assets8.59%8.95%8.78%8.93%8.28%-32 bps
Liquidity & Funding
Loans / Deposits75.84%79.40%78.44%68.74%67.66%-818 bps
Liquid Assets / Assets8.42%7.35%6.36%9.40%8.64%+22 bps
CRE / Total Capitaln/an/an/an/an/an/an/a