PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Commonwealth Bank F.S.B.

Mount Sterling, KY · Cert 31239

FDIC · 1 branch

Q1 2015

$19.5MAssets
$15.2MLoans
$15.4MDeposits
$1.5MEquity
Deposit mix
79%Interest-bearing $12.1M21%Noninterest $3.3MQ1 2014Q1 2015

NIM

4.31%Q1 ’134.13%Q1 ’143.88%Q1 ’15+2%-5%

Non-interest income vs. expense

4.37%Q1 ’134.86%Q1 ’146.42%Q1 ’15+20%+27%

Executive Summary

  • Earnings: ROA of -2.56%, down 144 bps year over year; NIM at 3.38%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Capital: tier 1 leverage ratio of 7.83%.
  • Funding: loans stand at 98.71% of deposits as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

-2.56%-144 bps YoY

Net Interest Margin (YTD, annualized)

3.38%-16 bps YoY

Efficiency Ratio (YTD, annualized)

166.49%+3,632 bps YoY

Tier 1 Leverage Ratio

7.83%

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets-1.12%-0.97%-1.06%-1.14%-2.56%-144 bps
Return on Equity-11.70%-10.20%-11.27%-12.43%-31.44%-1,974 bps
Net Interest Margin3.55%3.67%3.57%3.54%3.38%-16 bps
Efficiency Ratio130.17%124.22%126.43%128.61%166.49%+3,632 bps
Non-Interest Burden4.68%4.63%4.61%4.67%5.95%+127 bps
Growth
Asset Growth (YoY)-7.96%-4.70%0.10%1.41%1.28%+923 bps
Loan Growth (YoY)5.86%6.84%7.63%1.30%-4.10%-997 bps
Deposit Growth (YoY)-10.55%-6.60%-2.92%-1.57%-0.39%+1,017 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.04%0.02%0.34%0.11%+11 bps
Allowance / Loans1.01%1.00%0.99%0.68%0.68%-33 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/a7.83%n/an/a
Total Risk-Based Capital15.20%15.25%14.42%13.53%13.18%-202 bps
Equity / Assets9.47%9.34%8.93%8.46%7.85%-161 bps
Liquidity & Funding
Loans / Deposits102.54%102.55%104.58%105.82%98.71%-382 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a