PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Retailers National Bank

Sioux Falls, SD · Cert 33868

FDIC

Q4 2012

$138.1MAssets
$40.6MLoans
$56.8MDeposits
$57.6MEquity
Deposit mix
100%Interest-bearing $56.8M0%Noninterest $0.0MQ4 2011Q4 2012

NIM

1.80%Q4 ’101.50%Q4 ’110.79%Q4 ’12-17%-56%

Non-interest income vs. expense

256%Q4 ’10216%Q4 ’11185.84%Q4 ’12+23%-39%

Executive Summary

  • Earnings: ROA of 12.80%, up 139 bps year over year; NIM at 0.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 71.48% of deposits as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

12.80%+139 bps YoY

Net Interest Margin (YTD, annualized)

0.59%-73 bps YoY

Efficiency Ratio (YTD, annualized)

89.21%-349 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets11.41%11.37%10.21%11.94%12.80%+139 bps
Return on Equity25.67%30.26%26.87%33.65%34.97%+929 bps
Net Interest Margin1.32%0.90%1.50%1.00%0.59%-73 bps
Efficiency Ratio92.70%91.26%91.94%89.79%89.21%-349 bps
Non-Interest Burden-15.73%-14.70%-21.19%-23.67%-21.88%-615 bps
Growth
Asset Growth (YoY)13.82%32.60%27.07%68.33%-7.49%-2,131 bps
Loan Growth (YoY)112.10%143.95%101.57%219%-29.40%-14,150 bps
Deposit Growth (YoY)37.40%104.20%93.08%211%-16.36%-5,376 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 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 Capital47.33%44.94%45.90%38.76%57.88%+1,054 bps
Equity / Assets37.34%37.81%38.85%29.92%41.70%+435 bps
Liquidity & Funding
Loans / Deposits84.69%96.45%98.48%78.18%71.48%-1,320 bps
Liquid Assets / Assets26.32%19.79%19.13%28.49%34.89%+857 bps
CRE / Total Capitaln/an/an/an/an/an/an/a