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Founders Bank

Chesterfield, MO · Cert 34216

FDIC

Q1 2003

$130.3MAssets
$99.2MLoans
$116.9MDeposits
$9.1MEquity
Loan mix
40%RE $19.7M59%C&I $29.2M1%Consumer $0.5MQ1 2002Q1 2003
Deposit mix
75%Interest-bearing $87.3M25%Noninterest $29.6MQ1 2002Q1 2003

NIM

7.78%Q1 ’015.73%Q1 ’025.21%Q1 ’03-16%+24%

Non-interest income vs. expense

2.63%Q1 ’012.59%Q1 ’022.99%Q1 ’03-4%+12%

Executive Summary

  • Earnings: ROA of 0.73%, up 23 bps year over year; NIM at 3.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 84.87% of deposits as of Q1 2003.

Financial Results

Return on Assets (quarter, annualized)

0.73%+23 bps YoY

Net Interest Margin (quarter, annualized)

3.74%+71 bps YoY

Efficiency Ratio (quarter, annualized)

71.71%-588 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2002Q2 2002Q3 2002Q4 2002Q1 2003YoY ΔTrend
Earnings
Return on Assets0.50%0.52%0.98%1.31%0.73%+23 bps
Return on Equity7.36%7.21%13.36%18.00%10.33%+297 bps
Net Interest Margin3.03%3.22%3.75%3.92%3.74%+71 bps
Efficiency Ratio77.59%71.85%66.06%56.77%71.71%-588 bps
Non-Interest Burden2.28%2.22%2.35%2.03%2.57%+28 bps
Growth
Asset Growth (YoY)31.90%22.23%13.54%7.60%17.69%-1,421 bps
Loan Growth (YoY)24.86%21.87%28.51%24.01%25.94%+108 bps
Deposit Growth (YoY)38.03%24.22%11.51%4.62%18.38%-1,964 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.12%1.11%1.11%1.10%1.12%+1 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 Capital10.30%10.15%10.23%10.01%10.16%-14 bps
Equity / Assets6.96%7.38%7.36%7.24%6.98%+1 bps
Liquidity & Funding
Loans / Deposits79.78%88.15%92.18%95.18%84.87%+509 bps
Liquid Assets / Assets0.02%0.02%0.02%0.01%0.01%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a