PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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

5.89%Q4 ’046.81%Q4 ’057.01%Q4 ’06+7%-21%

Non-interest income vs. expense

3.13%Q4 ’043.23%Q4 ’052.66%Q4 ’06+17%-21%

Executive Summary

  • Earnings: ROA of 1.49%, down 1 bps year over year; NIM at 3.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.25%.
  • Funding: loans stand at 95.44% of deposits as of Q4 2006.

Financial Results

Return on Assets (quarter, annualized)

1.49%-1 bps YoY

Net Interest Margin (quarter, annualized)

3.01%-79 bps YoY

Efficiency Ratio (quarter, annualized)

64.01%+78 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.50%0.77%0.88%1.13%1.49%-1 bps
Return on Equity24.31%12.50%13.57%17.33%22.25%-206 bps
Net Interest Margin3.81%3.17%3.12%3.02%3.01%-79 bps
Efficiency Ratio63.23%75.50%73.73%65.65%64.01%+78 bps
Non-Interest Burden1.93%2.06%1.96%1.57%1.52%-41 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 / Loans0.41%0.14%0.16%0.07%0.25%-16 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