River Valley Financial Bank

Madison, IN · Cert 28565

FDIC

Q3 2012

$403.7MAssets

$258.7MLoans

$304.7MDeposits

$40.9MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.88%, up 39 bps year over year; NIM at 3.23%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.23%.
Funding: loans stand at 84.91% of deposits as of Q3 2012.

Return on Assets (quarter, annualized)

0.88%+39 bps YoY

Net Interest Margin (quarter, annualized)

3.23%

Efficiency Ratio (quarter, annualized)

65.23%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	0.66%	0.92%	0.82%	0.49%	0.52%	0.67%	0.76%	0.88%	+39 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	7.76%	8.86%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.18%	3.07%	3.23%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	68.20%	69.65%	65.23%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.99%	1.95%	1.88%	n/a
Growth
Asset Growth (YoY)	-2.39%	-2.02%	1.26%	5.04%	5.29%	4.42%	1.96%	0.48%	-456 bps
Loan Growth (YoY)	-3.67%	-4.60%	-3.80%	-4.22%	-4.98%	-2.59%	-1.51%	1.10%	+532 bps
Deposit Growth (YoY)	3.05%	1.87%	2.37%	6.30%	6.26%	4.76%	3.24%	1.54%	-477 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	2.05%	-0.03%	0.23%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.25%	1.37%	1.41%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	15.51%	15.46%	15.58%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	9.79%	9.82%	10.13%	n/a
Liquidity & Funding
Loans / Deposits	92.47%	89.75%	87.70%	85.28%	82.68%	83.46%	83.67%	84.91%	-37 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	3.90%	2.87%	1.13%	+113 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a