Ashland, KY · Cert 29884
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Ashland, KY · Cert 29884
FDIC
Q1 2005
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.16% | 1.19% | 1.22% | 1.22% | 1.28% | 1.29% | 1.25% | 1.15% | -6 bps | |
| Return on Equity | 12.33% | 12.70% | 12.95% | 12.59% | 13.11% | 13.06% | 12.52% | 10.78% | -181 bps | |
| Net Interest Margin | 3.70% | 3.12% | 3.25% | 3.81% | 3.84% | 3.84% | 3.81% | 3.82% | 0 bps | |
| Efficiency Ratio | 60.18% | 59.62% | 58.75% | 60.16% | 56.97% | 56.17% | 56.89% | 57.44% | -272 bps | |
| Non-Interest Burden | 1.92% | 1.62% | 1.67% | 2.06% | 1.92% | 1.87% | 1.88% | 1.92% | -14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 44.59% | 42.77% | 44.20% | 36.77% | 2.22% | 2.19% | 1.11% | -2.24% | -3,902 bps | |
| Loan Growth (YoY) | 41.19% | 43.16% | 41.32% | 37.28% | 5.71% | 3.09% | 3.31% | -1.40% | -3,868 bps | |
| Deposit Growth (YoY) | 55.50% | 50.75% | 45.67% | 36.83% | 3.58% | -7.33% | -4.79% | -7.57% | -4,440 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 | 0.06% | 0.20% | 0.33% | 0.13% | 0.18% | 0.16% | 0.19% | 0.46% | +33 bps | |
| Allowance / Loans | 1.18% | 1.04% | 0.87% | 0.85% | 0.85% | 0.86% | 0.85% | 0.85% | -1 bps | |
| 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 | 9.96% | 10.24% | 10.59% | 10.95% | 11.60% | 12.05% | 12.14% | 13.03% | +208 bps | |
| Equity / Assets | 9.05% | 9.27% | 9.47% | 9.84% | 9.90% | 10.37% | 10.45% | 10.99% | +116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.95% | 96.47% | 100.31% | 99.78% | 99.97% | 107.32% | 108.84% | 106.44% | +666 bps | |
| Liquid Assets / Assets | 2.45% | 1.93% | 0.06% | 0.12% | 0.07% | 0.03% | 0.21% | 0.02% | -9 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |