Whitley City, KY · Cert 33961
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
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.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Whitley City, KY · Cert 33961
FDIC
Q1 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.62% | 0.79% | 0.80% | 1.03% | 1.19% | 1.15% | 1.08% | 1.40%1 | +37 bps | |
| Return on Equity | 6.37% | 7.93% | 7.97% | 9.92% | 11.43% | 11.13% | 10.49% | 13.44% | +351 bps | |
| Net Interest Margin | 3.94% | 4.01% | 4.18% | 4.78% | 4.68% | 4.55% | 4.37% | 4.39% | -38 bps | |
| Efficiency Ratio | 82.25% | 78.61% | 77.49% | 74.05% | 73.93% | 71.83% | 72.31% | 78.02% | +397 bps | |
| Non-Interest Burden | 3.09% | 2.98% | 3.06% | 3.34% | 3.25% | 3.04% | 2.95% | 3.27% | -7 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -3.62% | -6.34% | 0.78% | 2.45% | 8.55% | 9.05% | 3.58% | 2.68% | +23 bps | |
| Loan Growth (YoY) | 3.49% | 7.15% | 7.36% | 4.83% | 2.55% | -5.88% | -3.38% | -2.27% | -710 bps | |
| Deposit Growth (YoY) | 10.96% | 0.55% | 9.36% | 1.41% | 10.27% | 1.67% | -4.67% | 4.42% | +301 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.10% | 0.11% | 0.17% | -0.03% | 0.02% | 0.05% | 0.08% | 0.02% | +5 bps | |
| Allowance / Loans | 1.32% | 1.26% | 1.22% | 1.31% | 1.30% | 1.36% | 1.34% | 1.40% | +9 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 17.19% | 16.92% | 17.25% | 18.15% | 17.38% | 18.64% | 17.79% | 19.08% | +93 bps | |
| Equity / Assets | 10.30% | 10.56% | 10.05% | 10.64% | 10.46% | 10.28% | 10.08% | 10.74% | +10 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 97.80% | 102.73% | 92.34% | 97.04% | 90.95% | 95.09% | 93.59% | 90.82% | -622 bps | |
| Liquid Assets / Assets | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.02% | -1 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |