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McCreary National Bank

Whitley City, KY · Cert 33961

FDIC

Q1 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

McCreary National Bank

Whitley City, KY · Cert 33961

FDIC

Q1 2004

$31.0MAssets
$23.3MLoans
$25.7MDeposits
$3.3MEquity
Loan mix
90%RE $14.5M9%C&I $1.4M1%Consumer $0.1MQ1 2003Q1 2004
Deposit mix
94%Interest-bearing $24.1M6%Noninterest $1.6MQ1 2003Q1 2004

NIM

6.83%Q1 ’027.14%Q1 ’036.16%Q1 ’04+28%-8%

Non-interest income vs. expense

3.85%Q1 ’024.10%Q1 ’034.00%Q1 ’04+5%-2%

Executive Summary

  • Earnings: ROA of 1.40%, up 37 bps year over year; NIM at 4.39%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Funding: loans stand at 90.82% of deposits as of Q1 2004.

Financial Results

Return on Assets (YTD, annualized)

1.40%1+37 bps YoY

Net Interest Margin (YTD, annualized)

4.39%-38 bps YoY

Efficiency Ratio (YTD, annualized)

78.02%+397 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2003Q2 2003Q3 2003Q4 2003Q1 2004YoY ΔTrend
Earnings
Return on Assets1.03%1.19%1.15%1.08%1.40%1+37 bps
Return on Equity9.92%11.43%11.13%10.49%13.44%+351 bps
Net Interest Margin4.78%4.68%4.55%4.37%4.39%-38 bps
Efficiency Ratio74.05%73.93%71.83%72.31%78.02%+397 bps
Non-Interest Burden3.34%3.25%3.04%2.95%3.27%-7 bps
Growth
Asset Growth (YoY)2.45%8.55%9.05%3.58%2.68%+23 bps
Loan Growth (YoY)4.83%2.55%-5.88%-3.38%-2.27%-710 bps
Deposit Growth (YoY)1.41%10.27%1.67%-4.67%4.42%+301 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%0.02%0.05%0.08%0.02%+5 bps
Allowance / Loans1.31%1.30%1.36%1.34%1.40%+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 Capital18.15%17.38%18.64%17.79%19.08%+93 bps
Equity / Assets10.64%10.46%10.28%10.08%10.74%+10 bps
Liquidity & Funding
Loans / Deposits97.04%90.95%95.09%93.59%90.82%-622 bps
Liquid Assets / Assets0.03%0.03%0.03%0.03%0.02%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a