PackageTrendsPeer
Letter portraitLegal landscape

Wabash Savings Bank

Mount Carmel, IL · Cert 30618

FDIC · 1 branch

Q1 2023

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: Q1 2023, the quarter ended March 31, 2023, 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

Wabash Savings Bank

Mount Carmel, IL · Cert 30618

FDIC · 1 branch

Q1 2023

$9.8MAssets
$2.7MLoans
$9.2MDeposits
$560KEquity
Loan mix
78%RE $2.1M2%C&I $0.1M20%Consumer $0.5MQ1 2022Q1 2023
Deposit mix
57%Interest-bearing $5.2M43%Noninterest $4.0MQ1 2022Q1 2023

NIM

3.32%Q1 ’211.99%Q1 ’223.14%Q1 ’23-39%+58%

Non-interest income vs. expense

3.27%Q1 ’214.99%Q1 ’223.91%Q1 ’23+49%-23%

Executive Summary

  • Earnings: ROA of -1.37%, up 200 bps year over year; NIM at 2.40%.
  • Asset quality: problem loans at 7.39% of loans (+709 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 7.08%, down 115 bps from a year ago.
  • Funding: loans stand at 29.11% of deposits as of Q1 2023.

Financial Results

Return on Assets (YTD, annualized)

-1.37%+200 bps YoY

Net Interest Margin (YTD, annualized)

2.40%+88 bps YoY

Efficiency Ratio (YTD, annualized)

152.38%-15,238 bps YoY

Tier 1 Leverage Ratio

7.08%-115 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2022Q2 2022Q3 2022Q4 2022Q1 2023YoY ΔTrend
Earnings
Return on Assets-3.37%-2.67%-2.18%-2.01%-1.37%+200 bps
Return on Equity-40.90%-34.59%-29.52%-28.15%-22.98%+1,793 bps
Net Interest Margin1.52%1.73%1.91%2.01%2.40%+88 bps
Efficiency Ratio305%245%207%194.81%152.38%-15,238 bps
Non-Interest Burden4.87%4.37%4.08%4.02%3.75%-112 bps
Growth
Asset Growth (YoY)1.16%0.49%-3.52%-6.31%-4.35%-550 bps
Loan Growth (YoY)-22.70%-22.37%-18.70%-22.08%-18.22%+448 bps
Deposit Growth (YoY)4.11%4.30%0.16%-3.29%-2.45%-655 bps
Asset Quality
Nonperforming Loans / Loans0.31%0.28%0.16%4.58%7.39%+709 bps
Net Charge-Offs / Loans0.00%-0.06%-0.08%0.11%0.00%0 bps
Allowance / Loans0.58%0.62%0.66%0.57%0.60%+2 bps
Allowance Coverage of NPLs1.9x2.2x4.2x0.1x0.1x-1.8x
Capital
Tier 1 Leverage Ratio8.22%7.70%7.55%7.30%7.08%-115 bps
Total Risk-Based Capital27.40%22.14%22.09%22.26%22.29%-511 bps
Equity / Assets7.56%6.65%6.34%6.16%5.73%-183 bps
Liquidity & Funding
Loans / Deposits34.73%34.25%34.59%31.45%29.11%-562 bps
Liquid Assets / Assets56.42%57.48%55.07%57.03%59.95%+353 bps
CRE / Total Capitaln/an/an/an/an/an/an/a