Somerset, KY · Cert 34528
FDIC
Q3 2007
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2007, the quarter ended September 30, 2007, 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.
Somerset, KY · Cert 34528
FDIC
Q3 2007
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 2005 | Q1 2006 | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.87% | 0.69% | 0.74% | 0.74% | 0.67% | 0.70% | 0.74% | 0.77% | +3 bps | |
| Return on Equity | 9.37% | 8.03% | 8.73% | 8.86% | 8.20% | 8.47% | 8.67% | 8.83% | -3 bps | |
| Net Interest Margin | 3.68% | 3.42% | 3.37% | 3.24% | 3.10% | 3.39% | 3.36% | 3.40% | +16 bps | |
| Efficiency Ratio | 69.70% | 72.80% | 70.83% | 71.22% | 72.82% | 72.17% | 71.18% | 71.06% | -15 bps | |
| Non-Interest Burden | 2.33% | 2.28% | 2.16% | 2.09% | 2.08% | 2.25% | 2.18% | 2.18% | +9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 12.21% | 12.68% | 11.58% | 18.79% | 18.17% | 14.16% | 13.48% | 7.19% | -1,160 bps | |
| Loan Growth (YoY) | 15.93% | 16.67% | 17.63% | 24.69% | 24.95% | 17.00% | 13.26% | 8.12% | -1,657 bps | |
| Deposit Growth (YoY) | 8.89% | 10.83% | 15.32% | 18.36% | 21.68% | 17.98% | 15.55% | 7.55% | -1,081 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 | 0.07% | 0.01% | 0.06% | 0.07% | 0.06% | 0.14% | 0.16% | 0.15% | +8 bps | |
| Allowance / Loans | 1.39% | 1.34% | 1.32% | 1.19% | 1.16% | 1.16% | 1.15% | 1.08% | -11 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 | 14.14% | 13.52% | 13.57% | 12.49% | 12.11% | 13.62% | 13.63% | 13.22% | +74 bps | |
| Equity / Assets | 8.78% | 8.45% | 8.38% | 7.90% | 7.72% | 8.91% | 9.01% | 9.06% | +116 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 88.08% | 89.36% | 89.29% | 90.67% | 90.44% | 88.62% | 87.52% | 91.15% | +48 bps | |
| Liquid Assets / Assets | 0.05% | 0.02% | 0.01% | 0.02% | 0.01% | 0.01% | 0.02% | 0.02% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |