PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Interstate Bank of Alaska, National Association

Anchorage, AK · Cert 27311

FDIC

Q3 2007

$56.2MAssets
$13.4MLoans
$44.6MDeposits
$6.7MEquity
Loan mix
63%RE $3.2M32%C&I $1.6M5%Consumer $0.2MQ4 2005Q3 2007
Deposit mix
63%Interest-bearing $28.2M37%Noninterest $16.4MQ4 2005Q3 2007

Executive Summary

  • Earnings: ROA of 0.83%, up 65 bps year over year; NIM at 3.66%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.14%.
  • Funding: loans stand at 29.97% of deposits as of Q3 2007.

Return on Assets (YTD, annualized)

0.83%+65 bps YoY

Net Interest Margin (YTD, annualized)

3.66%+22 bps YoY

Efficiency Ratio (YTD, annualized)

82.93%-1,005 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

4.22%Q3 ’054.61%Q3 ’064.94%Q3 ’07+7%+6%

Non-interest income vs. expense

5.38%Q3 ’056.28%Q3 ’066.05%Q3 ’07+17%-19%

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets0.79%0.38%0.02%0.18%0.36%0.70%1.03%0.83%+65 bps
Return on Equity9.40%3.97%0.24%1.86%3.61%6.65%9.65%7.55%+569 bps
Net Interest Margin3.44%3.44%3.43%3.45%3.38%3.64%3.55%3.66%+22 bps
Efficiency Ratio87.07%90.27%95.13%92.98%91.52%85.22%79.34%82.93%-1,005 bps
Non-Interest Burden2.61%2.79%3.10%2.97%2.83%2.56%2.05%2.42%-55 bps
Growth
Asset Growth (YoY)-16.79%-16.11%-15.34%-4.98%-9.64%1.28%5.27%-7.58%-260 bps
Loan Growth (YoY)-12.11%-11.87%-18.38%-16.70%-9.28%-5.37%-3.12%5.66%+2,236 bps
Deposit Growth (YoY)1.66%-12.31%-11.23%-4.10%-8.41%0.19%4.39%-8.74%-464 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%-0.06%1.66%1.53%1.13%0.20%0.20%0.14%-139 bps
Allowance / Loans2.20%2.31%2.15%2.04%1.79%1.75%1.79%1.83%-21 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital21.17%22.76%24.41%25.38%25.06%24.95%26.41%27.97%+260 bps
Equity / Assets9.22%9.93%9.90%9.72%10.70%10.51%10.80%11.87%+216 bps
Liquidity & Funding
Loans / Deposits29.38%30.53%29.46%25.89%29.10%28.84%27.34%29.97%+409 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a