PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cerro Gordo Building and Loan, S.B.

Cerro Gordo, IL · Cert 30210

FDIC

Q3 2002

$9.8MAssets
$8.3MLoans
$5.9MDeposits
$1.5MEquity
Deposit mix
100%Interest-bearing $5.9M0%Noninterest $0.0MQ3 2001Q3 2002

NIM

7.95%Q1 ’017.30%Q3 ’017.25%Q3 ’02-8%+5%

Non-interest income vs. expense

4.80%Q1 ’012.98%Q3 ’012.20%Q3 ’02-38%-13%

Executive Summary

  • Earnings: ROA of 0.33%, up 44 bps year over year; NIM at 3.17%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 140.63% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

0.33%+44 bps YoY

Net Interest Margin (YTD, annualized)

3.17%+14 bps YoY

Efficiency Ratio (YTD, annualized)

77.18%-1,876 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets-0.11%0.18%0.00%0.06%0.33%+44 bps
Return on Equityn/an/a0.00%0.42%2.22%n/a
Net Interest Margin3.03%3.02%3.26%3.21%3.17%+14 bps
Efficiency Ratio95.95%87.25%79.45%85.16%77.18%-1,876 bps
Non-Interest Burden2.90%2.62%2.63%2.81%2.52%-38 bps
Growth
Asset Growth (YoY)22.39%22.11%17.12%4.79%0.84%-2,154 bps
Loan Growth (YoY)20.68%21.99%14.05%5.17%0.62%-2,006 bps
Deposit Growth (YoY)6.78%7.00%0.33%1.43%0.79%-599 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.40%0.39%0.42%0.39%0.40%0 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 Capital28.10%27.44%28.54%28.81%29.54%+143 bps
Equity / Assets14.52%14.93%15.16%14.99%14.84%+32 bps
Liquidity & Funding
Loans / Deposits140.86%147.35%143.06%147.44%140.63%-23 bps
Liquid Assets / Assets10.14%6.24%10.08%8.43%11.96%+182 bps
CRE / Total Capitaln/an/an/an/an/an/an/a