PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National City Bank of Kentucky

Louisville, KY · Cert 2756

FDIC

Q2 2006

$8.6BAssets
$6.6BLoans
$5.0BDeposits
$643.9MEquity
Loan mix
61%RE $2.6B38%C&I $1.6B1%Consumer $0.1BQ2 2005Q2 2006
Deposit mix
73%Interest-bearing $3.6B27%Noninterest $1.3BQ2 2005Q2 2006

NIM

2.77%Q2 ’044.98%Q2 ’055.90%Q2 ’06+65%-5%

Non-interest income vs. expense

1.78%Q2 ’041.95%Q2 ’052.04%Q2 ’06+61%-159%

Executive Summary

  • Earnings: ROA of 2.06%, up 105 bps year over year; NIM at 2.92%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.43%.
  • Funding: loans stand at 133.50% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

2.06%+105 bps YoY

Net Interest Margin (YTD, annualized)

2.92%-15 bps YoY

Efficiency Ratio (YTD, annualized)

37.45%-893 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets1.01%1.33%1.38%2.49%2.06%+105 bps
Return on Equity15.69%20.89%21.13%33.98%27.91%+1,222 bps
Net Interest Margin3.07%2.82%2.73%2.72%2.92%-15 bps
Efficiency Ratio46.38%43.92%41.55%37.44%37.45%-893 bps
Non-Interest Burden0.82%0.59%0.47%-0.48%-0.48%-131 bps
Growth
Asset Growth (YoY)21.58%30.99%-3.78%-4.21%-15.98%-3,756 bps
Loan Growth (YoY)38.29%30.24%-13.56%-14.64%-12.58%-5,087 bps
Deposit Growth (YoY)-6.34%2.72%0.74%-6.00%3.17%+951 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%0.20%0.45%0.62%0.43%+38 bps
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital10.85%12.05%12.55%11.99%12.02%+117 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits157.55%139.62%142.78%137.26%133.50%-2,405 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a