PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Bay City

Bay City, TX · Cert 34448

FDIC

Q3 2002

$27.1MAssets
$8.3MLoans
$23.2MDeposits
$3.5MEquity
Deposit mix
72%Interest-bearing $16.7M28%Noninterest $6.5MQ3 2001Q3 2002

NIM

6.44%Q1 ’016.24%Q3 ’015.28%Q3 ’02+7%+1%

Non-interest income vs. expense

4.43%Q1 ’014.76%Q3 ’014.56%Q3 ’02+27%-9%

Executive Summary

  • Earnings: ROA of 0.90%, up 223 bps year over year; NIM at 4.09%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.58%.
  • Funding: loans stand at 35.87% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

0.90%+223 bps YoY

Net Interest Margin (quarter, annualized)

4.09%+3 bps YoY

Efficiency Ratio (quarter, annualized)

75.84%-451 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets-1.32%0.38%0.86%0.74%0.90%+223 bps
Return on Equity-10.63%3.11%7.26%6.05%6.96%+1,759 bps
Net Interest Margin4.05%3.97%4.19%4.23%4.09%+3 bps
Efficiency Ratio80.35%82.84%78.02%80.63%75.84%-451 bps
Non-Interest Burden2.89%2.98%2.91%3.06%2.63%-26 bps
Growth
Asset Growth (YoY)12.92%5.66%4.90%2.12%-1.43%-1,435 bps
Loan Growth (YoY)32.30%27.01%6.36%-1.50%-12.32%-4,463 bps
Deposit Growth (YoY)11.97%5.02%5.52%1.64%-2.53%-1,450 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans7.32%1.01%0.49%0.09%1.58%-574 bps
Allowance / Loans1.05%1.50%1.44%1.44%1.30%+24 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 Capital24.89%25.60%26.55%27.20%28.53%+364 bps
Equity / Assets12.27%12.04%11.67%12.88%13.12%+85 bps
Liquidity & Funding
Loans / Deposits39.88%37.86%36.11%39.95%35.87%-401 bps
Liquid Assets / Assets1.79%1.77%0.00%0.00%0.00%-179 bps
CRE / Total Capitaln/an/an/an/an/an/an/a