PackageTrendsPeer
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First Western National Bank

La Jara, CO · Cert 3032

FDIC

Q2 2004

$180.3MAssets
$139.7MLoans
$152.0MDeposits
$20.9MEquity
Loan mix
73%RE $47.7M27%C&I $17.9M0%Consumer $0.1MQ3 2002Q2 2004
Deposit mix
82%Interest-bearing $124.7M18%Noninterest $27.3MQ3 2002Q2 2004

Executive Summary

  • Earnings: ROA of 1.31%, up 25 bps year over year; NIM at 4.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Funding: loans stand at 91.89% of deposits as of Q2 2004.

Return on Assets (quarter, annualized)

1.31%+25 bps YoY

Net Interest Margin (quarter, annualized)

4.41%-9 bps YoY

Efficiency Ratio (quarter, annualized)

65.25%-276 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.70%Q2 ’026.12%Q2 ’035.51%Q2 ’04-5%-2%

Non-interest income vs. expense

3.30%Q2 ’023.66%Q2 ’033.62%Q2 ’04+17%-10%

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets1.90%1.55%1.29%1.07%1.04%1.11%1.43%1.31%+25 bps
Return on Equity17.02%14.34%11.86%9.77%9.57%10.12%12.53%11.22%+145 bps
Net Interest Margin5.06%4.82%4.61%4.49%4.71%4.44%4.48%4.41%-9 bps
Efficiency Ratio56.50%57.45%59.65%68.00%63.91%66.60%61.31%65.25%-276 bps
Non-Interest Burden2.49%2.43%2.36%2.79%2.68%2.67%2.34%2.50%-29 bps
Growth
Asset Growth (YoY)15.33%18.02%13.71%6.14%-3.81%-3.57%-7.92%4.12%-202 bps
Loan Growth (YoY)19.30%24.07%48.43%8.80%-1.31%-2.15%-9.19%-4.91%-1,370 bps
Deposit Growth (YoY)-1.21%13.55%12.53%15.77%13.26%5.29%2.71%3.49%-1,228 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%0.12%0.06%0.11%0.00%0.10%-0.01%0.02%-9 bps
Allowance / Loans0.64%0.60%0.60%0.68%0.79%0.78%0.82%0.80%+13 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.44%10.47%10.46%10.10%10.42%10.63%11.64%12.10%+200 bps
Equity / Assets10.78%10.80%11.01%10.85%10.95%11.05%11.82%11.61%+76 bps
Liquidity & Funding
Loans / Deposits119.98%115.54%112.84%100.00%104.54%107.37%99.76%91.89%-811 bps
Liquid Assets / Assets0.28%0.29%0.13%0.28%0.48%0.04%0.02%5.03%+476 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a