Italy, TX · Cert 3272
FDIC
Q3 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2005, the quarter ended September 30, 2005, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Italy, TX · Cert 3272
FDIC
Q3 2005
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | Q2 2005 | Q3 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.11% | -0.47% | -0.22% | -0.21% | -0.26% | -1.10% | 0.03% | -0.63% | -42 bps | |
| Return on Equity | -1.38% | -6.13% | -2.95% | -2.80% | -3.37% | -14.09% | 0.35% | -6.00% | -320 bps | |
| Net Interest Margin | 3.47% | 4.11% | 4.28% | 4.35% | 4.29% | 4.15% | 0.07% | 3.95% | -39 bps | |
| Efficiency Ratio | 119.93% | 107.84% | 102.63% | 103.14% | 103.95% | 121.97% | 60.00% | 101.06% | -208 bps | |
| Non-Interest Burden | 4.33% | 4.49% | 4.41% | 4.50% | 4.48% | 5.14% | 0.04% | 4.00% | -50 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -7.30% | -4.69% | -6.74% | -3.76% | -7.01% | -12.24% | -6.38% | 2.53% | +629 bps | |
| Loan Growth (YoY) | 8.02% | 23.81% | 28.03% | 9.05% | 15.83% | 2.68% | 14.03% | 38.27% | +2,922 bps | |
| Deposit Growth (YoY) | -11.99% | -4.02% | -5.93% | -3.17% | -7.70% | -12.31% | -13.29% | -2.88% | +29 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.43% | 0.00% | 0.13% | 0.02% | 0.04% | 0.00% | -0.08% | 0.03% | +1 bps | |
| Allowance / Loans | 1.01% | 1.03% | 1.01% | 1.02% | 0.96% | 1.10% | 1.06% | 0.83% | -20 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 17.12% | 16.59% | 16.54% | 17.27% | 17.34% | 17.84% | 14.10% | 16.48% | -79 bps | |
| Equity / Assets | 7.49% | 7.78% | 7.22% | 7.99% | 7.84% | 7.83% | 13.70% | 12.83% | +484 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 53.85% | 53.98% | 55.77% | 59.22% | 67.57% | 63.21% | 73.35% | 84.32% | +2,509 bps | |
| Liquid Assets / Assets | 27.19% | 22.30% | 21.41% | 19.41% | 17.74% | 19.19% | 13.41% | 12.51% | -690 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |