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Heartland Community Bank

Franklin, IN · Cert 34597

FDIC

Q2 2012

$248.6MAssets
$132.6MLoans
$221.0MDeposits
$24.5MEquity
Loan mix
71%RE $79.0M22%C&I $25.0M6%Consumer $7.0MQ2 2011Q2 2012
Deposit mix
69%Interest-bearing $152.1M31%Noninterest $68.9MQ2 2011Q2 2012

NIM

4.52%Q2 ’104.37%Q2 ’113.93%Q2 ’12+3%-7%

Non-interest income vs. expense

3.66%Q2 ’103.63%Q2 ’113.78%Q2 ’12-2%+21%

Executive Summary

  • Earnings: ROA of 0.14%, up 2 bps year over year; NIM at 3.48%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 59.99% of deposits as of Q2 2012.

Financial Results

Return on Assets (YTD, annualized)

0.14%+2 bps YoY

Net Interest Margin (YTD, annualized)

3.48%-28 bps YoY

Efficiency Ratio (YTD, annualized)

88.58%+1,465 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets0.12%0.19%10.20%0.44%0.14%+2 bps
Return on Equity1.23%1.96%2.07%4.42%1.45%+21 bps
Net Interest Margin3.76%3.78%3.75%3.74%3.48%-28 bps
Efficiency Ratio73.93%78.28%78.29%76.11%88.58%+1,465 bps
Non-Interest Burden2.48%2.74%2.71%2.61%3.00%+51 bps
Growth
Asset Growth (YoY)2.38%-0.97%5.38%3.86%2.99%+61 bps
Loan Growth (YoY)-7.90%-6.66%-5.79%-4.21%-6.19%+171 bps
Deposit Growth (YoY)6.81%9.21%11.27%10.28%8.57%+176 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.71%0.53%1.60%-0.01%-0.02%-73 bps
Allowance / Loans2.87%3.04%2.38%2.72%2.98%+11 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 Capital15.43%15.92%16.17%16.73%16.81%+139 bps
Equity / Assets9.63%10.06%9.74%10.20%9.84%+22 bps
Liquidity & Funding
Loans / Deposits69.43%68.40%63.29%64.33%59.99%-944 bps
Liquid Assets / Assets9.81%6.98%11.83%10.31%15.55%+574 bps
CRE / Total Capitaln/an/an/an/an/an/an/a