PackageTrendsPeer
Letter portraitLegal landscape

Fremont National Bank of Canon City

Canon City, CO · Cert 3000

FDIC

Q2 2006

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2006, the quarter ended June 30, 2006, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Fremont National Bank of Canon City

Canon City, CO · Cert 3000

FDIC

Q2 2006

$153.6MAssets
$78.6MLoans
$119.9MDeposits
$31.2MEquity
Loan mix
83%RE $25.9M17%C&I $5.3M0%Consumer $0.1MQ2 2005Q2 2006
Deposit mix
85%Interest-bearing $101.3M15%Noninterest $18.6MQ2 2005Q2 2006

NIM

5.81%Q2 ’045.84%Q2 ’050.76%Q2 ’06+2%-87%

Non-interest income vs. expense

3.10%Q2 ’043.08%Q2 ’050.36%Q2 ’06+1%-88%

Executive Summary

  • Earnings: ROA of 0.12%, down 159 bps year over year; NIM at 0.57%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 65.56% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

0.12%-159 bps YoY

Net Interest Margin (YTD, annualized)

0.57%-389 bps YoY

Efficiency Ratio (YTD, annualized)

57.76%-443 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 Assets1.71%1.93%1.81%1.59%0.12%-159 bps
Return on Equity15.56%17.87%16.94%15.80%0.86%-1,470 bps
Net Interest Margin4.46%4.52%4.54%4.59%0.57%-389 bps
Efficiency Ratio62.19%60.57%63.36%66.89%57.76%-443 bps
Non-Interest Burden2.59%2.52%2.68%2.92%0.31%-228 bps
Growth
Asset Growth (YoY)6.41%6.23%7.07%15.61%11.96%+554 bps
Loan Growth (YoY)9.19%17.24%8.56%-2.98%-9.35%-1,854 bps
Deposit Growth (YoY)7.61%5.91%7.96%16.90%-1.57%-918 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.04%0.03%0.07%0.02%-0.01%-5 bps
Allowance / Loans1.73%1.63%1.70%1.78%2.44%+71 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 Capital17.59%16.04%17.22%17.95%20.19%+260 bps
Equity / Assets10.97%10.30%10.23%9.85%20.33%+936 bps
Liquidity & Funding
Loans / Deposits71.19%74.82%66.49%58.61%65.56%-562 bps
Liquid Assets / Assets6.13%5.84%5.71%5.12%2.42%-371 bps
CRE / Total Capitaln/an/an/an/an/an/an/a