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Firstbank of Colorado Springs

Colorado Springs, CO · Cert 34107

FDIC

Q3 2010

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2010, the quarter ended September 30, 2010, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Firstbank of Colorado Springs

Colorado Springs, CO · Cert 34107

FDIC

Q3 2010

$198.3MAssets
$99.3MLoans
$182.4MDeposits
$14.8MEquity
Loan mix
98%RE $75.8M2%C&I $1.3M0%Consumer $0.3MQ3 2009Q3 2010
Deposit mix
83%Interest-bearing $151.5M17%Noninterest $30.9MQ3 2009Q3 2010

NIM

5.68%Q3 ’085.34%Q3 ’094.82%Q3 ’10+16%-1%

Non-interest income vs. expense

3.08%Q3 ’083.11%Q3 ’093.11%Q3 ’10+5%-2%

Executive Summary

  • Earnings: ROA of 1.38%, down 9 bps year over year; NIM at 4.21%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.89%.
  • Funding: loans stand at 54.44% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

1.38%-9 bps YoY

Net Interest Margin (YTD, annualized)

4.21%-4 bps YoY

Efficiency Ratio (YTD, annualized)

57.22%+8 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets1.47%1.40%1.78%1.39%1.38%-9 bps
Return on Equity20.68%19.50%24.12%18.90%18.73%-195 bps
Net Interest Margin4.25%4.14%4.22%4.27%4.21%-4 bps
Efficiency Ratio57.14%58.06%56.91%56.55%57.22%+8 bps
Non-Interest Burden1.92%1.91%1.97%1.91%1.88%-4 bps
Growth
Asset Growth (YoY)1.59%8.89%2.37%2.03%0.69%-89 bps
Loan Growth (YoY)1.92%6.05%5.49%4.23%1.83%-9 bps
Deposit Growth (YoY)15.11%12.37%2.05%1.89%0.56%-1,455 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.23%0.40%0.29%0.35%0.89%+65 bps
Allowance / Loans2.02%2.10%1.88%2.36%2.07%+5 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 Capital14.67%14.59%14.49%14.10%14.48%-19 bps
Equity / Assets7.50%7.32%7.48%7.23%7.44%-6 bps
Liquidity & Funding
Loans / Deposits53.76%52.60%54.42%53.85%54.44%+68 bps
Liquid Assets / Assets17.21%16.17%16.50%16.04%18.31%+110 bps
CRE / Total Capitaln/an/an/an/an/an/an/a