PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Howard Savings Bank

Glenview, IL · Cert 30919

FDIC

Q3 2004

$9.4MAssets
$7.9MLoans
n/aDeposits
$9.2MEquity
Deposit mix
99%Interest-bearing $01%Noninterest $0Q3 2003Q3 2004

NIM

6.05%Q3 ’024.83%Q3 ’0331.41%Q3 ’04-12%+1384%

Non-interest income vs. expense

2.08%Q3 ’023.32%Q3 ’0322.65%Q3 ’04+29%+133%

Executive Summary

  • Earnings: ROA of 30.36%, up 3,153 bps year over year; NIM at 28.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.

Financial Results

Return on Assets (quarter, annualized)

30.36%+3,153 bps YoY

Net Interest Margin (quarter, annualized)

28.73%+2,680 bps YoY

Efficiency Ratio (quarter, annualized)

50.15%-7,790 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-1.18%2.84%-1.51%-21.64%30.36%+3,153 bps
Return on Equity-5.19%11.61%-6.06%-89.58%80.65%+8,583 bps
Net Interest Margin1.94%4.34%2.27%2.35%28.73%+2,680 bps
Efficiency Ratio128.05%56.66%154.21%159.15%50.15%-7,790 bps
Non-Interest Burden2.67%0.30%3.77%4.09%6.22%+355 bps
Growth
Asset Growth (YoY)-14.47%-12.58%-15.71%-24.40%-78.50%-6,403 bps
Loan Growth (YoY)-1.77%-19.09%-24.83%-16.19%-70.50%-6,874 bps
Deposit Growth (YoY)-16.48%-14.92%-19.72%-26.55%-100.00%-8,352 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 / Loans2.26%2.94%3.07%11.44%34.23%+3,197 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 Capital36.21%41.94%43.26%37.59%133.29%+9,708 bps
Equity / Assets24.25%24.68%25.36%22.81%97.48%+7,323 bps
Liquidity & Funding
Loans / Deposits85.27%76.03%76.90%85.14%n/an/a
Liquid Assets / Assets0.26%0.26%0.27%0.30%3.62%+336 bps
CRE / Total Capitaln/an/an/an/an/an/an/a