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Mainsource Bank - Crawfordsville

Crawfordsville, IN · Cert 30205

FDIC

Q2 2007

$273.9MAssets
$216.3MLoans
$177.2MDeposits
$49.4MEquity
Loan mix
94%RE $161.6M6%C&I $11.0M0%Consumer $0.1MQ2 2006Q2 2007
Deposit mix
97%Interest-bearing $171.4M3%Noninterest $5.8MQ2 2006Q2 2007

NIM

0.85%Q1 ’063.18%Q2 ’065.77%Q2 ’07+340%+70%

Non-interest income vs. expense

0.27%Q1 ’060.94%Q2 ’061.78%Q2 ’07+253%+91%

Executive Summary

  • Earnings: ROA of 0.60%, up 14 bps year over year; NIM at 2.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 122.07% of deposits as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

0.60%+14 bps YoY

Net Interest Margin (YTD, annualized)

2.47%+102 bps YoY

Efficiency Ratio (YTD, annualized)

62.22%+606 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets0.45%0.54%0.59%0.57%0.60%+14 bps
Return on Equityn/an/an/a3.44%3.48%n/a
Net Interest Margin1.45%1.76%1.98%2.38%2.47%+102 bps
Efficiency Ratio56.15%57.62%57.67%62.88%62.22%+606 bps
Non-Interest Burden0.80%1.00%1.13%1.49%1.53%+73 bps
Growth
Asset Growth (YoY)3.49%8.23%4.66%0.28%0.22%-327 bps
Loan Growth (YoY)-2.16%-1.88%-1.32%0.41%0.81%+298 bps
Deposit Growth (YoY)-6.73%-0.07%1.48%0.32%1.31%+805 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.08%0.15%0.14%0.03%0.07%0 bps
Allowance / Loans0.86%0.78%0.74%0.53%0.55%-31 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 Capital11.54%11.40%10.31%9.39%11.31%-23 bps
Equity / Assets16.61%16.39%16.63%16.75%18.02%+140 bps
Liquidity & Funding
Loans / Deposits122.67%120.87%123.13%121.65%122.07%-60 bps
Liquid Assets / Assets2.07%0.21%0.82%0.94%0.15%-192 bps
CRE / Total Capitaln/an/an/an/an/an/an/a