PackageTrendsPeer
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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 ’016.40%Q3 ’015.47%Q3 ’02-3%+5%

Non-interest income vs. expense

4.77%Q1 ’014.26%Q3 ’014.66%Q3 ’02-16%-3%

Executive Summary

  • Earnings: ROA of 1.15%, up 110 bps year over year; NIM at 4.06%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Funding: loans stand at 86.49% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

1.15%+110 bps YoY

Net Interest Margin (quarter, annualized)

4.06%+20 bps YoY

Efficiency Ratio (quarter, annualized)

83.16%-391 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.05%0.98%0.87%0.96%1.15%+110 bps
Return on Equity0.44%9.74%8.26%8.32%10.19%+974 bps
Net Interest Margin3.86%3.87%3.89%4.01%4.06%+20 bps
Efficiency Ratio87.07%75.44%68.84%74.29%83.16%-391 bps
Non-Interest Burden3.23%2.41%2.16%2.51%3.12%-11 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%0.24%0.00%0.00%-0.03%-3 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