PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

National Bank of the Great Lakes

Elmhurst, IL · Cert 34129

FDIC

Q3 2003

$16.9MAssets
n/aLoans
$1.3MDeposits
$15.5MEquity
Deposit mix
100%Interest-bearing $1.3M0%Noninterest $0.0MQ3 2002Q3 2003

NIM

2.29%Q3 ’011.18%Q3 ’020.97%Q3 ’03-45%-14%

Non-interest income vs. expense

362%Q3 ’01251%Q3 ’025.12%Q3 ’03-10%+104%

Executive Summary

  • Earnings: ROA of 1.80%, down 5,428 bps year over year; NIM at 0.90%.
  • Funding: loans stand at 0.00% of deposits as of Q3 2003.

Financial Results

Return on Assets (quarter, annualized)

1.80%-5,428 bps YoY

Net Interest Margin (quarter, annualized)

0.90%-15 bps YoY

Efficiency Ratio (quarter, annualized)

270%+19,716 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets56.08%94.28%31.21%29.91%1.80%-5,428 bps
Return on Equity90.97%143.75%43.19%35.59%1.96%-8,901 bps
Net Interest Margin1.05%0.85%0.92%1.09%0.90%-15 bps
Efficiency Ratio72.84%58.57%75.17%51.01%270%+19,716 bps
Non-Interest Burden-92.70%-152.42%-51.96%-47.61%4.12%+9,683 bps
Growth
Asset Growth (YoY)55.79%47.73%99.34%44.36%20.57%-3,522 bps
Loan Growth (YoY)n/an/an/an/an/an/an/a
Deposit Growth (YoY)1.60%1.36%1.21%0.98%0.90%-70 bps
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital137.15%141.17%203%456%459%+32,190 bps
Equity / Assets62.92%67.59%77.05%91.66%91.84%+2,893 bps
Liquidity & Funding
Loans / Deposits0.00%0.00%0.00%0.00%0.00%0 bps
Liquid Assets / Assets67.24%64.84%77.22%99.53%99.65%+3,241 bps
CRE / Total Capitaln/an/an/an/an/an/an/a