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First National Bank of Borger

Borger, TX · Cert 34635

FDIC

Q1 2011

$9.1MAssets
$668KLoans
$7.2MDeposits
$1.9MEquity
Loan mix
50%RE $227K6%C&I $26K45%Consumer $205KQ1 2010Q1 2011
Deposit mix
81%Interest-bearing $5.8M19%Noninterest $1.4MQ1 2010Q1 2011

NIM

5.42%Q1 ’094.81%Q1 ’100.60%Q1 ’11-6%-97%

Non-interest income vs. expense

3.35%Q1 ’093.15%Q1 ’100.00%Q1 ’11-7%-115%

Executive Summary

  • Earnings: ROA of 0.56%, down 85 bps year over year; NIM at 0.13%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 9.31% of deposits as of Q1 2011.

Financial Results

Return on Assets (quarter, annualized)

0.56%-85 bps YoY

Net Interest Margin (quarter, annualized)

0.13%-409 bps YoY

Efficiency Ratio (quarter, annualized)

0.00%-6,696 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2010Q2 2010Q3 2010Q4 2010Q1 2011YoY ΔTrend
Earnings
Return on Assets1.41%1.47%0.88%-1.43%0.56%-85 bps
Return on Equity13.51%14.26%8.36%-11.00%2.52%-1,099 bps
Net Interest Margin4.22%4.13%3.15%-957%0.13%-409 bps
Efficiency Ratio66.96%61.54%76.49%0.69%0.00%-6,696 bps
Non-Interest Burden2.66%2.35%2.29%-822%-0.39%-305 bps
Growth
Asset Growth (YoY)-0.42%1.17%-0.68%-78.87%-77.38%-7,696 bps
Loan Growth (YoY)0.48%-15.49%-3.66%-86.79%-98.01%-9,849 bps
Deposit Growth (YoY)0.32%2.43%4.87%-82.04%-80.10%-8,042 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.13%-0.01%-0.49%2.79%0.00%-13 bps
Allowance / Loans0.92%1.22%1.20%0.00%0.00%-92 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 Capital12.15%14.64%13.59%30.63%21.49%+934 bps
Equity / Assets10.26%10.41%10.76%24.05%21.05%+1,079 bps
Liquidity & Funding
Loans / Deposits93.14%77.66%89.69%66.90%9.31%-8,383 bps
Liquid Assets / Assets1.48%15.17%10.89%0.00%0.00%-148 bps
CRE / Total Capitaln/an/an/an/an/an/an/a