PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Citizens National Bank of Jessamine County

Nicholasville, KY · Cert 34195

FDIC

Q3 2008

$219.1MAssets
$131.8MLoans
$149.3MDeposits
$30.1MEquity
Deposit mix
83%Interest-bearing $123.9M17%Noninterest $25.5MQ4 2006Q3 2008

Executive Summary

  • Earnings: ROA of 0.18%, down 31 bps year over year; NIM at 3.04%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
  • Funding: loans stand at 88.24% of deposits as of Q3 2008.

Return on Assets (YTD, annualized)

0.18%-31 bps YoY

Net Interest Margin (YTD, annualized)

3.04%-15 bps YoY

Efficiency Ratio (YTD, annualized)

61.50%-466 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

6.34%Q3 ’066.06%Q3 ’075.70%Q3 ’08-12%-5%

Non-interest income vs. expense

4.57%Q3 ’063.21%Q3 ’072.66%Q3 ’08-34%-17%

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.15%0.53%0.45%0.49%0.39%0.52%0.64%0.18%-31 bps
Return on Equity1.39%3.06%2.67%2.91%2.39%3.70%4.50%1.26%-165 bps
Net Interest Margin0.83%3.18%3.13%3.19%2.89%2.98%3.06%3.04%-15 bps
Efficiency Ratio56.76%68.37%67.02%66.16%66.55%62.66%61.38%61.50%-466 bps
Non-Interest Burden0.53%2.47%2.35%2.36%2.15%1.95%1.96%1.95%-41 bps
Growth
Asset Growth (YoY)12.60%12.17%18.27%19.47%26.55%24.09%15.52%17.15%-232 bps
Loan Growth (YoY)-3.73%-5.46%2.66%4.61%4.40%6.19%5.91%4.14%-47 bps
Deposit Growth (YoY)1.86%0.90%7.53%4.26%8.38%4.43%-4.48%2.72%-154 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%0.17%0.19%0.26%0.12%0.07%0.15%-4 bps
Allowance / Loans1.02%1.01%1.00%0.97%1.06%1.15%1.17%1.10%+13 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.53%10.94%10.51%10.51%10.62%10.96%11.08%10.78%+27 bps
Equity / Assets17.44%17.23%16.47%16.16%13.92%14.33%14.52%13.76%-240 bps
Liquidity & Funding
Loans / Deposits89.48%86.30%85.35%87.03%86.19%87.75%94.63%88.24%+120 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a