PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

U.S. National Bank

Midwest City, OK · Cert 34605

FDIC

Q3 2002

$34.9MAssets
$26.7MLoans
$30.9MDeposits
$3.9MEquity
Loan mix
50%RE $6.8M50%C&I $6.8M0%Consumer $0.0MQ3 2001Q3 2002
Deposit mix
74%Interest-bearing $22.7M26%Noninterest $8.1MQ3 2001Q3 2002

NIM

7.22%Q1 ’016.26%Q3 ’015.46%Q3 ’02-8%+8%

Non-interest income vs. expense

4.77%Q1 ’014.22%Q3 ’014.23%Q3 ’02-13%-22%

Executive Summary

  • Earnings: ROA of 0.98%, up 92 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 86.49% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

0.98%+92 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+31 bps YoY

Efficiency Ratio (YTD, annualized)

75.45%-1,736 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.06%0.33%0.87%0.89%0.98%+92 bps
Return on Equityn/an/a8.26%8.29%8.93%n/a
Net Interest Margin3.65%3.41%3.89%3.98%3.96%+31 bps
Efficiency Ratio92.81%87.10%68.84%71.61%75.45%-1,736 bps
Non-Interest Burden3.33%2.82%2.16%2.35%2.58%-74 bps
Growth
Asset Growth (YoY)37.26%44.79%14.74%18.73%0.97%-3,629 bps
Loan Growth (YoY)57.39%64.13%45.56%25.35%-0.14%-5,753 bps
Deposit Growth (YoY)43.34%51.40%16.28%20.38%-0.01%-4,335 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.06%0.00%0.00%-0.01%-1 bps
Allowance / Loans0.88%0.90%1.12%1.25%1.27%+40 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 Capital12.18%13.64%13.80%14.02%14.34%+216 bps
Equity / Assets10.46%9.61%11.66%11.33%11.29%+84 bps
Liquidity & Funding
Loans / Deposits86.60%81.77%95.49%90.22%86.49%-11 bps
Liquid Assets / Assets1.76%1.57%1.87%1.78%0.86%-90 bps
CRE / Total Capitaln/an/an/an/an/an/an/a