Grove, OK · Cert 34280
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.
Grove, OK · Cert 34280
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 | 0.73% | 0.82% | 0.82% | 0.92% | 0.95% | 1.84% | 1.55% | 1.46% | +54 bps | |
| Return on Equity | n/a | 11.78% | 11.49% | 12.81% | 13.01% | 24.69% | 20.83% | 20.09% | +727 bps | |
| Net Interest Margin | 3.20% | 3.85% | 3.61% | 3.49% | 3.50% | 3.79% | 3.60% | 3.57% | +8 bps | |
| Efficiency Ratio | 69.02% | 63.07% | 63.65% | 62.25% | 61.74% | 60.22% | 62.53% | 61.89% | -36 bps | |
| Non-Interest Burden | 1.92% | 2.14% | 2.02% | 1.88% | 1.87% | 1.99% | 2.00% | 1.96% | +8 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 34.17% | 28.34% | 29.65% | 19.86% | 17.03% | 21.07% | 23.04% | 12.03% | -783 bps | |
| Loan Growth (YoY) | 19.75% | 21.64% | 12.33% | 12.61% | 9.25% | -0.53% | -0.59% | -4.20% | -1,681 bps | |
| Deposit Growth (YoY) | 31.33% | 31.25% | 29.81% | 19.86% | 16.65% | 11.10% | 15.50% | 5.43% | -1,443 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 | 0.36% | 1.35% | 0.76% | 0.72% | 0.52% | 0.41% | 0.40% | 0.39% | -33 bps | |
| Allowance / Loans | 1.02% | 0.73% | 0.85% | 0.82% | 1.01% | 1.10% | 1.24% | 1.34% | +52 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 | 13.22% | 12.78% | 13.49% | 13.48% | 13.75% | 14.33% | 14.24% | 14.68% | +119 bps | |
| Equity / Assets | 6.98% | 6.90% | 7.42% | 7.50% | 7.49% | 7.45% | 7.39% | 6.85% | -65 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 68.34% | 69.30% | 68.39% | 65.64% | 64.00% | 62.04% | 58.86% | 59.65% | -599 bps | |
| Liquid Assets / Assets | 0.11% | 0.49% | 0.13% | 0.05% | 0.16% | 0.02% | 0.05% | 0.09% | +5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |