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Letter portraitLegal landscapeQuarterYTD

Farmers State Bank of Nebraska

Bennet, NE · Cert 34053

FDIC

Q2 2012

$62.3MAssets
$37.4MLoans
$54.7MDeposits
$4.2MEquity
Loan mix
39%RE $13.2M48%C&I $16.2M12%Consumer $4.1MQ2 2011Q2 2012
Deposit mix
86%Interest-bearing $47.3M14%Noninterest $7.4MQ2 2011Q2 2012

NIM

4.88%Q2 ’104.48%Q2 ’114.26%Q2 ’12-3%+1%

Non-interest income vs. expense

3.69%Q2 ’103.45%Q2 ’113.46%Q2 ’12-6%-7%

Executive Summary

  • Earnings: ROA of 1.07%, up 57 bps year over year; NIM at 3.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Funding: loans stand at 68.44% of deposits as of Q2 2012.

Financial Results

Return on Assets (YTD, annualized)

1.07%+57 bps YoY

Net Interest Margin (YTD, annualized)

3.59%+4 bps YoY

Efficiency Ratio (YTD, annualized)

75.54%-394 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets0.50%0.62%0.88%1.33%1.07%+57 bps
Return on Equity7.83%9.75%13.76%20.77%16.39%+857 bps
Net Interest Margin3.55%3.68%3.75%3.67%3.59%+4 bps
Efficiency Ratio79.48%80.22%77.02%69.28%75.54%-394 bps
Non-Interest Burden2.66%2.79%2.66%2.20%2.47%-19 bps
Growth
Asset Growth (YoY)8.79%9.08%7.75%12.43%11.34%+255 bps
Loan Growth (YoY)5.47%5.77%6.65%8.93%13.28%+781 bps
Deposit Growth (YoY)10.12%10.62%11.02%14.51%15.08%+496 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.07%0.11%0.19%-0.06%-0.03%-10 bps
Allowance / Loans0.95%0.88%0.78%0.80%0.77%-18 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 Capital10.96%10.82%9.76%10.40%10.28%-68 bps
Equity / Assets6.37%6.56%6.24%6.51%6.74%+37 bps
Liquidity & Funding
Loans / Deposits69.53%71.74%69.08%64.02%68.44%-108 bps
Liquid Assets / Assets33.59%31.87%32.17%32.67%31.33%-226 bps
CRE / Total Capitaln/an/an/an/an/an/an/a