PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Arvest Bank

Norman, OK · Cert 26867

FDIC

Q1 2002

$504.4MAssets
$315.3MLoans
$443.4MDeposits
$51.6MEquity
Loan mix
38%RE $49.0M48%C&I $61.9M14%Consumer $17.4MQ1 2001Q1 2002
Deposit mix
80%Interest-bearing $356.0M20%Noninterest $87.4MQ1 2001Q1 2002

NIM

7.24%Q1 ’015.42%Q1 ’02-5%

Non-interest income vs. expense

6.50%Q1 ’016.32%Q1 ’02-17%

Executive Summary

  • Earnings: ROA of 0.23%, up 84 bps year over year; NIM at 3.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.56%.
  • Funding: loans stand at 71.12% of deposits as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

0.23%+84 bps YoY

Net Interest Margin (YTD, annualized)

3.74%-19 bps YoY

Efficiency Ratio (YTD, annualized)

92.09%-650 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets-0.61%-0.27%-0.19%-0.20%0.23%+84 bps
Return on Equityn/an/an/an/a2.19%n/an/a
Net Interest Margin3.93%3.82%3.78%3.65%3.74%-19 bps
Efficiency Ratio98.59%95.65%95.65%96.70%92.09%-650 bps
Non-Interest Burden3.84%3.54%3.48%3.43%3.20%-63 bps
Growth
Asset Growth (YoY)83.35%85.46%87.17%10.47%5.44%-7,791 bps
Loan Growth (YoY)106.77%110.34%93.28%-1.48%-5.06%-11,183 bps
Deposit Growth (YoY)87.52%92.16%95.97%13.56%9.35%-7,817 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.92%0.88%0.77%0.72%0.56%-36 bps
Allowance / Loans1.65%1.52%1.62%1.62%1.56%-9 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 Capital10.64%10.74%11.25%10.93%10.95%+31 bps
Equity / Assets10.81%10.78%10.87%10.36%10.24%-57 bps
Liquidity & Funding
Loans / Deposits81.91%81.14%75.01%71.48%71.12%-1,079 bps
Liquid Assets / Assets0.03%0.02%0.02%0.02%0.03%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a