PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Rogers

Rogers, AR · Cert 34085

FDIC

Q3 2008

$175.1MAssets
$107.5MLoans
$129.7MDeposits
$30.7MEquity
Loan mix
78%RE $79.9M22%C&I $22.7M0%Consumer $0.0MQ3 2007Q3 2008
Deposit mix
90%Interest-bearing $116.8M10%Noninterest $12.9MQ3 2007Q3 2008

NIM

6.17%Q3 ’066.46%Q3 ’075.41%Q3 ’08-12%-18%

Non-interest income vs. expense

2.54%Q3 ’062.75%Q3 ’072.65%Q3 ’08+10%-9%

Executive Summary

  • Earnings: ROA of 0.16%, down 57 bps year over year; NIM at 2.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.31%.
  • Funding: loans stand at 82.89% of deposits as of Q3 2008.

Financial Results

Return on Assets (YTD, annualized)

0.16%-57 bps YoY

Net Interest Margin (YTD, annualized)

2.67%-57 bps YoY

Efficiency Ratio (YTD, annualized)

66.47%+603 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.73%0.61%0.23%-0.14%0.16%-57 bps
Return on Equity4.21%3.48%1.32%-0.79%0.92%-328 bps
Net Interest Margin3.24%3.16%2.97%2.59%2.67%-57 bps
Efficiency Ratio60.44%60.64%61.52%69.39%66.47%+603 bps
Non-Interest Burden1.96%1.92%1.86%1.85%1.79%-17 bps
Growth
Asset Growth (YoY)-1.10%-2.03%3.31%4.32%1.25%+235 bps
Loan Growth (YoY)-7.49%-5.03%-7.01%-7.14%-6.86%+63 bps
Deposit Growth (YoY)-1.49%-4.79%3.97%7.46%2.17%+367 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.37%0.71%0.63%0.31%+31 bps
Allowance / Loans1.16%1.09%1.24%1.64%1.76%+60 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 Capital11.97%12.23%12.31%12.43%12.92%+95 bps
Equity / Assets17.55%18.12%17.16%16.94%17.51%-3 bps
Liquidity & Funding
Loans / Deposits90.93%93.35%84.64%81.92%82.89%-804 bps
Liquid Assets / Assets6.09%6.57%11.98%12.82%13.41%+733 bps
CRE / Total Capitaln/an/an/an/an/an/an/a