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

6.59%Q3 ’065.98%Q3 ’075.28%Q3 ’08-25%+3%

Non-interest income vs. expense

2.50%Q3 ’062.77%Q3 ’072.60%Q3 ’08+9%-14%

Executive Summary

  • Earnings: ROA of 0.75%, up 34 bps year over year; NIM at 2.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.37%.
  • Funding: loans stand at 82.89% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

0.75%+34 bps YoY

Net Interest Margin (quarter, annualized)

2.79%+7 bps YoY

Efficiency Ratio (quarter, annualized)

61.15%-757 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.41%0.23%0.23%-0.50%0.75%+34 bps
Return on Equity2.35%1.32%1.32%-2.92%4.35%+200 bps
Net Interest Margin2.71%2.87%2.97%2.27%2.79%+7 bps
Efficiency Ratio68.73%61.33%61.52%78.34%61.15%-757 bps
Non-Interest Burden1.90%1.76%1.86%1.88%1.63%-27 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 / Loans0.28%1.49%0.71%0.53%-0.37%-65 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