PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Western Bank & Trust Company

Duncanville, TX · Cert 33201

FDIC

Q2 2003

$156.1MAssets
$107.7MLoans
$138.7MDeposits
$16.8MEquity
Deposit mix
60%Interest-bearing $82.7M40%Noninterest $56.0MQ2 2002Q2 2003

NIM

7.48%Q2 ’016.00%Q2 ’025.32%Q2 ’03-6%-8%

Non-interest income vs. expense

3.94%Q2 ’014.20%Q2 ’023.99%Q2 ’03+7%-10%

Executive Summary

  • Earnings: ROA of 1.51%, up 8 bps year over year; NIM at 4.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 77.67% of deposits as of Q2 2003.

Financial Results

Return on Assets (quarter, annualized)

1.51%+8 bps YoY

Net Interest Margin (quarter, annualized)

4.80%-40 bps YoY

Efficiency Ratio (quarter, annualized)

64.30%-3 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2002Q3 2002Q4 2002Q1 2003Q2 2003YoY ΔTrend
Earnings
Return on Assets1.43%1.40%1.19%1.31%1.51%+8 bps
Return on Equity14.81%14.21%11.87%12.43%14.01%-80 bps
Net Interest Margin5.20%5.13%4.96%4.96%4.80%-40 bps
Efficiency Ratio64.33%64.24%67.62%64.58%64.30%-3 bps
Non-Interest Burden2.88%2.79%2.95%2.75%2.59%-29 bps
Growth
Asset Growth (YoY)1.58%3.34%-5.36%-2.67%2.01%+43 bps
Loan Growth (YoY)10.85%8.87%7.48%8.30%7.65%-321 bps
Deposit Growth (YoY)0.70%2.80%-6.72%-3.98%1.17%+48 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.10%0.05%0.92%0.06%0.07%-3 bps
Allowance / Loans1.25%1.28%1.10%1.13%1.17%-8 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 Capital14.98%14.82%14.75%15.00%15.44%+46 bps
Equity / Assets9.87%9.84%10.21%10.81%10.78%+91 bps
Liquidity & Funding
Loans / Deposits73.00%72.30%75.88%80.18%77.67%+467 bps
Liquid Assets / Assets20.42%18.97%16.47%11.90%11.28%-914 bps
CRE / Total Capitaln/an/an/an/an/an/an/a