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State Farm Bank, FSB

Bloomington, IL · Cert 34617

FDIC · 2 branches

Q4 2020

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2020, the quarter ended December 31, 2020, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

State Farm Bank, FSB

Bloomington, IL · Cert 34617

FDIC · 2 branches

Q4 2020

$717.3MAssets
$283.8MLoans
$500KDeposits
$408.2MEquity
Loan mix
58%RE $162.3M15%C&I $43.0M27%Consumer $75.4MQ4 2019Q4 2020
Deposit mix
0%Interest-bearing $0K100%Noninterest $500KQ4 2019Q4 2020

NIM

4.22%Q4 ’184.63%Q4 ’190.00%Q4 ’20+1%-100%

Non-interest income vs. expense

2.58%Q4 ’182.53%Q4 ’190.00%Q4 ’20-11%-100%

Market Position · Bloomington, IL · 2020 SOD (annual) · 76.3% share · #1 of 27 inst. · $11.4B of $14.9B

Executive Summary

  • Earnings: ROA of 0.00%, down 36 bps year over year; NIM at 0.00%.
  • Asset quality: problem loans at 2.88% of loans (+177 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.71%, up 273 bps from a year ago.
  • Funding: loans stand at 56765.40% of deposits as of Q4 2020.

Financial Results

Return on Assets (YTD, annualized)

0.00%-36 bps YoY

Net Interest Margin (YTD, annualized)

0.00%-295 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Tier 1 Leverage Ratio

14.71%+273 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2019Q1 2020Q2 2020Q3 2020Q4 2020YoY ΔTrend
Earnings
Return on Assets0.36%-0.31%0.00%0.00%0.00%-36 bps
Return on Equity3.08%-2.56%0.00%0.00%0.00%-308 bps
Net Interest Margin2.95%2.72%0.00%0.00%0.00%-295 bps
Efficiency Ratio68.74%75.03%n/an/an/an/a
Non-Interest Burden1.80%1.89%0.00%0.00%0.00%-180 bps
Growth
Asset Growth (YoY)-3.01%-0.89%-1.74%-23.02%-95.63%-9,263 bps
Loan Growth (YoY)-8.76%-13.80%-19.61%-93.12%-97.14%-8,838 bps
Deposit Growth (YoY)9.99%8.34%5.78%-7.90%-100.00%-10,999 bps
Asset Quality
Nonperforming Loans / Loans1.12%1.18%1.12%4.48%2.88%+177 bps
Net Charge-Offs / Loans1.14%1.40%0.00%0.00%0.00%-114 bps
Allowance / Loans1.52%1.88%0.00%0.00%0.00%-152 bps
Allowance Coverage of NPLs1.4x1.6x0.0x0.0x0.0x-1.4x
Capital
Tier 1 Leverage Ratio11.98%11.66%10.67%11.31%14.71%+273 bps
Total Risk-Based Capital20.68%22.09%21.54%147.03%76.34%+5,566 bps
Equity / Assets11.83%12.00%10.83%14.17%56.90%+4,507 bps
Liquidity & Funding
Loans / Deposits88.33%78.47%72.22%6.76%56765%+5,667,707 bps
Liquid Assets / Assets14.83%18.83%18.77%83.16%0.04%-1,480 bps
CRE / Total Capitaln/an/an/an/an/an/an/a