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Firstbank of Parker

Parker, CO · Cert 34628

FDIC

Q3 2010

$184.2MAssets
$60.5MLoans
$168.4MDeposits
$13.8MEquity
Loan mix
99%RE $51.4M1%C&I $0.3M1%Consumer $0.3MQ3 2009Q3 2010
Deposit mix
82%Interest-bearing $138.2M18%Noninterest $30.3MQ3 2009Q3 2010

NIM

5.29%Q3 ’084.88%Q3 ’094.60%Q3 ’10+11%+6%

Non-interest income vs. expense

3.03%Q3 ’082.96%Q3 ’092.84%Q3 ’10+6%-5%

Executive Summary

  • Earnings: ROA of 1.21%, down 11 bps year over year; NIM at 3.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.71%.
  • Funding: loans stand at 35.94% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

1.21%-11 bps YoY

Net Interest Margin (YTD, annualized)

3.96%+22 bps YoY

Efficiency Ratio (YTD, annualized)

55.13%-434 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets1.32%1.36%1.15%1.34%1.21%-11 bps
Return on Equity20.11%20.57%17.15%19.44%17.14%-297 bps
Net Interest Margin3.75%3.78%3.90%3.95%3.96%+22 bps
Efficiency Ratio59.47%58.93%55.44%55.50%55.13%-434 bps
Non-Interest Burden1.73%1.72%1.66%1.67%1.65%-8 bps
Growth
Asset Growth (YoY)13.27%13.61%9.79%6.05%0.95%-1,232 bps
Loan Growth (YoY)8.21%9.16%4.84%4.18%1.91%-630 bps
Deposit Growth (YoY)17.08%16.70%9.00%4.99%-0.12%-1,720 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.43%0.34%0.21%0.18%0.71%+28 bps
Allowance / Loans1.34%1.48%1.80%1.84%2.32%+98 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%15.44%15.71%16.33%16.69%+127 bps
Equity / Assets6.89%6.69%6.76%7.23%7.47%+58 bps
Liquidity & Funding
Loans / Deposits35.22%34.73%34.35%35.83%35.94%+72 bps
Liquid Assets / Assets30.82%28.99%27.84%27.88%26.96%-386 bps
CRE / Total Capitaln/an/an/an/an/an/an/a