PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Hico, The

Hico, TX · Cert 3253

FDIC

Q2 2013

$41.8MAssets
$12.9MLoans
$36.8MDeposits
$4.9MEquity
Loan mix
67%RE $6.7M10%C&I $1.0M24%Consumer $2.4MQ3 2011Q2 2013
Deposit mix
66%Interest-bearing $24.2M34%Noninterest $12.6MQ3 2011Q2 2013

Executive Summary

  • Earnings: ROA of 0.74%, down 39 bps year over year; NIM at 3.09%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.22%.
  • Funding: loans stand at 35.03% of deposits as of Q2 2013.

Return on Assets (quarter, annualized)

0.74%-39 bps YoY

Net Interest Margin (quarter, annualized)

3.09%-10 bps YoY

Efficiency Ratio (quarter, annualized)

82.57%+1,110 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

4.08%Q2 ’113.55%Q2 ’123.32%Q2 ’13-12%-3%

Non-interest income vs. expense

3.22%Q2 ’112.83%Q2 ’123.23%Q2 ’13+6%+17%

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets2.03%0.89%1.44%1.13%1.15%0.73%1.14%0.74%-39 bps
Return on Equity17.91%7.50%12.59%9.95%9.80%6.40%9.88%6.19%-376 bps
Net Interest Margin3.70%3.49%3.50%3.20%3.16%2.93%3.13%3.09%-10 bps
Efficiency Ratio68.99%79.72%66.67%71.46%71.56%80.39%70.59%82.57%+1,110 bps
Non-Interest Burden2.36%2.61%2.05%2.07%2.04%2.21%1.96%2.41%+34 bps
Growth
Asset Growth (YoY)2.39%10.98%11.64%8.05%10.35%15.87%1.05%2.04%-601 bps
Loan Growth (YoY)-3.14%-2.28%2.97%-0.53%-4.18%-8.19%-8.73%-7.64%-711 bps
Deposit Growth (YoY)1.34%10.20%11.15%7.20%10.37%16.91%-0.07%1.85%-535 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 / Loans-0.08%0.03%0.00%0.46%-0.14%-0.09%0.00%-0.22%-68 bps
Allowance / Loans1.72%1.70%1.70%1.68%1.72%1.80%1.80%1.90%+22 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 Capital21.96%22.38%21.00%22.99%24.11%23.25%24.50%26.31%+332 bps
Equity / Assets11.78%11.85%11.04%11.61%11.76%11.06%12.03%11.78%+17 bps
Liquidity & Funding
Loans / Deposits42.52%42.13%40.13%38.63%36.91%33.08%36.65%35.03%-360 bps
Liquid Assets / Assets28.83%29.22%27.28%24.54%26.90%23.37%15.34%19.87%-467 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a