PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Landmark Bank, National Association

Denison, TX · Cert 3273

FDIC

Q2 2004

$72.7MAssets
$52.0MLoans
$65.9MDeposits
$6.0MEquity
Loan mix
70%RE $16.7M29%C&I $7.0M0%Consumer $0.1MQ2 2003Q2 2004
Deposit mix
84%Interest-bearing $55.1M16%Noninterest $10.8MQ2 2003Q2 2004

NIM

5.43%Q2 ’025.45%Q2 ’034.80%Q2 ’04+12%-14%

Non-interest income vs. expense

6.37%Q2 ’026.77%Q2 ’036.31%Q2 ’04-4%-3%

Executive Summary

  • Earnings: ROA of -0.70%, down 13 bps year over year; NIM at 3.52%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.64%.
  • Funding: loans stand at 78.96% of deposits as of Q2 2004.

Financial Results

Return on Assets (YTD, annualized)

-0.70%-13 bps YoY

Net Interest Margin (YTD, annualized)

3.52%-57 bps YoY

Efficiency Ratio (YTD, annualized)

106.69%+762 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets-0.57%-0.41%-0.22%-0.75%-0.70%-13 bps
Return on Equity-5.65%-4.07%-2.18%-7.93%-7.77%-212 bps
Net Interest Margin4.08%3.80%3.58%3.75%3.52%-57 bps
Efficiency Ratio99.07%96.79%93.85%109.60%106.69%+762 bps
Non-Interest Burden4.02%3.59%3.20%4.35%3.91%-11 bps
Growth
Asset Growth (YoY)11.33%32.25%29.17%29.17%29.50%+1,818 bps
Loan Growth (YoY)22.98%37.09%23.03%24.11%22.06%-92 bps
Deposit Growth (YoY)8.86%31.36%27.92%30.19%32.55%+2,369 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.59%0.60%0.59%0.68%0.64%+5 bps
Allowance / Loans1.65%1.49%1.59%1.53%1.57%-9 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 Capital13.20%11.60%11.69%10.86%10.07%-313 bps
Equity / Assets11.18%9.73%9.71%9.23%8.30%-288 bps
Liquidity & Funding
Loans / Deposits85.75%82.98%81.35%82.22%78.96%-678 bps
Liquid Assets / Assets3.95%6.25%6.36%5.12%8.75%+480 bps
CRE / Total Capitaln/an/an/an/an/an/an/a