PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Westbank

Westchester, IL · Cert 26896

FDIC

Q1 2008

$358.2MAssets
$310.6MLoans
$305.7MDeposits
$35.6MEquity
Loan mix
99%RE $176.7M1%C&I $0.9M0%Consumer $0.0MQ1 2007Q1 2008
Deposit mix
96%Interest-bearing $292.2M4%Noninterest $13.5MQ1 2007Q1 2008

NIM

6.57%Q1 ’066.84%Q1 ’076.43%Q1 ’08-13%-12%

Non-interest income vs. expense

1.64%Q1 ’061.45%Q1 ’071.86%Q1 ’08-9%+30%

Executive Summary

  • Earnings: ROA of 0.60%, down 54 bps year over year; NIM at 2.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.32%.
  • Funding: loans stand at 101.63% of deposits as of Q1 2008.

Financial Results

Return on Assets (YTD, annualized)

0.60%-54 bps YoY

Net Interest Margin (YTD, annualized)

2.87%-39 bps YoY

Efficiency Ratio (YTD, annualized)

63.43%+1,998 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2007Q2 2007Q3 2007Q4 2007Q1 2008YoY ΔTrend
Earnings
Return on Assets1.13%1.18%1.16%1.05%0.60%-54 bps
Return on Equity12.10%12.41%11.92%10.80%6.11%-599 bps
Net Interest Margin3.27%3.28%3.40%3.22%2.87%-39 bps
Efficiency Ratio43.44%43.10%45.11%47.89%63.43%+1,998 bps
Non-Interest Burden1.38%1.38%1.50%1.51%1.80%+42 bps
Growth
Asset Growth (YoY)20.63%8.96%5.44%15.38%3.05%-1,758 bps
Loan Growth (YoY)11.79%2.84%7.54%7.76%11.62%-17 bps
Deposit Growth (YoY)23.66%10.28%2.17%13.49%-2.10%-2,576 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.11%0.11%0.11%0.28%0.32%+22 bps
Allowance / Loans0.85%0.86%0.83%0.65%0.62%-23 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 Capital12.88%13.40%13.45%12.68%12.90%+3 bps
Equity / Assets9.36%9.80%10.53%9.59%9.94%+58 bps
Liquidity & Funding
Loans / Deposits89.14%92.31%104.12%97.47%101.63%+1,249 bps
Liquid Assets / Assets4.19%4.00%4.19%3.75%3.84%-35 bps
CRE / Total Capitaln/an/an/an/an/an/an/a