PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community Banks of Southern Colorado

Rocky Ford, CO · Cert 3052

FDIC

Q2 2004

$108.7MAssets
$74.8MLoans
$83.6MDeposits
$10.7MEquity
Loan mix
81%RE $35.3M19%C&I $8.1M1%Consumer $0.3MQ2 2003Q2 2004
Deposit mix
82%Interest-bearing $68.3M18%Noninterest $15.3MQ2 2003Q2 2004

NIM

5.04%Q2 ’025.79%Q2 ’035.37%Q2 ’04+31%+2%

Non-interest income vs. expense

2.18%Q2 ’023.18%Q2 ’033.00%Q2 ’04+52%-7%

Executive Summary

  • Earnings: ROA of 1.07%, up 109 bps year over year; NIM at 3.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.18%.
  • Funding: loans stand at 89.44% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

1.07%+109 bps YoY

Net Interest Margin (YTD, annualized)

3.87%+7 bps YoY

Efficiency Ratio (YTD, annualized)

65.48%-481 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets-0.02%0.14%-0.05%1.11%1.07%+109 bps
Return on Equity-0.28%1.75%-0.56%12.47%11.60%+1,187 bps
Net Interest Margin3.80%3.93%4.04%4.04%3.87%+7 bps
Efficiency Ratio70.29%70.22%71.62%66.34%65.48%-481 bps
Non-Interest Burden2.46%2.56%2.69%2.46%2.29%-17 bps
Growth
Asset Growth (YoY)5.25%-2.19%-5.86%-7.17%-13.71%-1,896 bps
Loan Growth (YoY)10.04%7.54%3.32%-3.57%-20.02%-3,007 bps
Deposit Growth (YoY)3.55%-5.31%-8.11%-9.97%-14.31%-1,786 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.57%1.10%1.62%0.04%0.18%-139 bps
Allowance / Loans0.94%1.21%1.23%1.27%1.39%+45 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 Capital10.47%10.61%10.83%11.75%13.44%+297 bps
Equity / Assets8.05%8.45%8.74%9.04%9.86%+181 bps
Liquidity & Funding
Loans / Deposits95.82%100.18%101.95%99.43%89.44%-639 bps
Liquid Assets / Assets0.16%6.56%5.01%5.25%9.76%+960 bps
CRE / Total Capitaln/an/an/an/an/an/an/a