Kalispell, MT · Cert 34206
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Kalispell, MT · Cert 34206
FDIC
Q3 2003
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 1.70% | 1.45% | 1.42% | 1.38% | 1.46% | 0.20% | 0.21% | -120 bps | |
| Return on Equity | n/a | 17.47% | 14.43% | 14.12% | 13.62% | 13.69% | 1.54% | 1.49% | -1,263 bps | |
| Net Interest Margin | 4.21% | 5.04% | 5.10% | 5.10% | 5.14% | 5.33% | 1.96% | 2.10% | -300 bps | |
| Efficiency Ratio | 72.77% | 64.69% | 67.40% | 66.18% | 66.71% | 62.59% | 70.71% | 77.45% | +1,126 bps | |
| Non-Interest Burden | 2.77% | 2.92% | 3.10% | 3.05% | 3.11% | 2.89% | 1.48% | 1.75% | -129 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 14.74% | 3.97% | -5.98% | 1.29% | 0.27% | 6.83% | 21.75% | 9.36% | +807 bps | |
| Loan Growth (YoY) | 15.80% | 10.04% | 5.46% | 0.34% | 0.08% | -5.43% | -8.64% | -15.47% | -1,581 bps | |
| Deposit Growth (YoY) | 25.59% | 8.02% | -4.31% | 4.24% | -1.59% | 5.72% | 12.91% | -0.30% | -453 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.14% | -0.02% | 0.09% | 0.06% | 0.02% | 0.07% | 0.00% | 0.03% | -2 bps | |
| Allowance / Loans | 0.92% | 0.95% | 0.90% | 0.91% | 0.99% | 1.13% | 1.17% | 1.28% | +37 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.83% | 13.87% | 14.07% | 14.01% | 14.35% | 15.36% | 15.53% | 17.19% | +318 bps | |
| Equity / Assets | 9.48% | 9.99% | 10.65% | 10.04% | 10.71% | 10.68% | 17.14% | 17.34% | +730 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 78.47% | 79.60% | 81.38% | 76.15% | 79.81% | 71.21% | 65.84% | 64.56% | -1,159 bps | |
| Liquid Assets / Assets | 4.39% | 3.56% | 2.76% | 8.35% | 3.84% | 15.18% | 9.30% | 3.57% | -478 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |