PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Central Valley Bank

Ottumwa, IA · Cert 33921

FDIC

Q4 2005

$130.7MAssets
$106.0MLoans
$105.7MDeposits
$13.1MEquity
Loan mix
81%RE $56.7M19%C&I $13.3M0%Consumer $0.2MQ1 2004Q4 2005
Deposit mix
88%Interest-bearing $92.6M12%Noninterest $13.1MQ1 2004Q4 2005

Executive Summary

  • Earnings: ROA of 1.31%, down 1 bps year over year; NIM at 4.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.54%.
  • Funding: loans stand at 100.28% of deposits as of Q4 2005.

Return on Assets (YTD, annualized)

1.31%-1 bps YoY

Net Interest Margin (YTD, annualized)

4.46%-30 bps YoY

Efficiency Ratio (YTD, annualized)

50.52%+401 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

7.01%Q1 ’046.62%Q4 ’046.37%Q4 ’05-6%-6%

Non-interest income vs. expense

2.69%Q1 ’042.57%Q4 ’042.62%Q4 ’05-10%+4%

Year to date, annualized, through each quarter.

MetricQ1 2004Q2 2004Q3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005YoY ΔTrend
Earnings
Return on Assets1.59%1.13%1.29%1.32%1.53%1.46%1.41%1.31%-1 bps
Return on Equityn/an/an/an/a13.92%13.56%13.14%12.35%n/a
Net Interest Margin5.08%4.75%4.81%4.76%5.20%5.07%4.80%4.46%-30 bps
Efficiency Ratio46.65%47.68%46.34%46.51%43.80%46.23%47.89%50.52%+401 bps
Non-Interest Burden2.08%1.96%1.90%1.88%1.97%2.02%1.98%1.96%+8 bps
Growth
Asset Growth (YoY)0.48%0.37%1.54%1.39%0.72%6.73%2.85%7.89%+650 bps
Loan Growth (YoY)0.10%2.35%-0.01%3.22%2.45%5.55%4.92%6.35%+314 bps
Deposit Growth (YoY)2.64%0.53%4.05%6.29%3.85%1.10%1.72%11.23%+494 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 / Loans0.90%1.17%0.98%0.96%0.77%0.78%0.65%0.54%-41 bps
Allowance / Loans1.20%1.30%1.35%1.29%1.37%1.29%1.36%1.35%+6 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 Capital13.33%12.83%13.04%12.85%13.10%12.29%12.55%11.91%-94 bps
Equity / Assets11.42%10.87%11.09%10.89%11.09%10.30%10.80%10.04%-85 bps
Liquidity & Funding
Loans / Deposits106.49%105.95%107.25%104.88%105.05%110.61%110.62%100.28%-460 bps
Liquid Assets / Assets1.04%1.00%1.10%1.41%1.31%1.12%0.69%0.65%-77 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a