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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

4.49%Q2 ’104.39%Q2 ’113.79%Q2 ’12+4%-11%

Non-interest income vs. expense

3.62%Q2 ’103.62%Q2 ’114.08%Q2 ’120%+41%

Executive Summary

  • Earnings: ROA of -0.15%, down 45 bps year over year; NIM at 3.35%.
  • 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 (quarter, annualized)

-0.15%-45 bps YoY

Net Interest Margin (quarter, annualized)

3.35%-43 bps YoY

Efficiency Ratio (quarter, annualized)

103.01%+2,970 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets0.30%0.33%10.24%0.44%-0.15%-45 bps
Return on Equity3.09%3.36%2.39%4.42%-1.49%-458 bps
Net Interest Margin3.78%3.79%3.76%3.74%3.35%-43 bps
Efficiency Ratio73.31%87.82%78.33%76.11%103.01%+2,970 bps
Non-Interest Burden2.46%3.24%2.67%2.61%3.47%+101 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 / Loans0.02%0.17%4.77%-0.01%-0.02%-3 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