PackageTrendsPeer
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Greatbank

Algonquin, IL · Cert 34027

FDIC

Q4 2006

$355.2MAssets
$296.9MLoans
$311.1MDeposits
$24.4MEquity
Loan mix
66%RE $44.5M33%C&I $22.4M0%Consumer $0.0MQ4 2005Q4 2006
Deposit mix
97%Interest-bearing $302.2M3%Noninterest $8.8MQ4 2005Q4 2006

NIM

5.59%Q4 ’046.11%Q4 ’056.42%Q4 ’06-1%-16%

Non-interest income vs. expense

3.09%Q4 ’043.14%Q4 ’052.90%Q4 ’06+10%-4%

Executive Summary

  • Earnings: ROA of 1.07%, down 39 bps year over year; NIM at 2.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.16%.
  • Funding: loans stand at 95.44% of deposits as of Q4 2006.

Financial Results

Return on Assets (YTD, annualized)

1.07%-39 bps YoY

Net Interest Margin (YTD, annualized)

2.96%-56 bps YoY

Efficiency Ratio (YTD, annualized)

69.72%+543 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.46%0.77%0.82%0.92%1.07%-39 bps
Return on Equity23.71%12.50%12.92%14.53%16.56%-715 bps
Net Interest Margin3.52%3.17%3.07%2.97%2.96%-56 bps
Efficiency Ratio64.28%75.50%74.60%71.61%69.72%+543 bps
Non-Interest Burden1.77%2.06%1.96%1.77%1.70%-8 bps
Growth
Asset Growth (YoY)18.53%11.14%11.31%10.91%0.98%-1,755 bps
Loan Growth (YoY)9.72%9.65%11.89%13.16%9.43%-29 bps
Deposit Growth (YoY)18.60%9.27%8.31%7.63%-2.84%-2,144 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.25%0.14%0.15%0.12%0.16%-10 bps
Allowance / Loans1.00%1.02%0.95%1.02%1.00%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 Capital10.75%10.51%10.65%10.75%11.13%+38 bps
Equity / Assets6.02%6.36%6.58%6.49%6.88%+86 bps
Liquidity & Funding
Loans / Deposits84.73%94.79%99.86%98.09%95.44%+1,070 bps
Liquid Assets / Assets0.00%0.00%0.03%0.02%0.01%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a