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Southwest Bank

Belleville, IL · Cert 34647

FDIC

Q3 2003

$110.3MAssets
$46.6MLoans
$80.3MDeposits
$28.7MEquity
Loan mix
16%RE $3.8M84%C&I $19.4M0%Consumer $0.0MQ3 2002Q3 2003
Deposit mix
93%Interest-bearing $74.4M7%Noninterest $5.9MQ3 2002Q3 2003

NIM

6.35%Q3 ’015.21%Q3 ’023.83%Q3 ’03+47%-15%

Non-interest income vs. expense

1.21%Q3 ’011.54%Q3 ’021.95%Q3 ’03-26%+15%

Executive Summary

  • Earnings: ROA of 0.50%, down 48 bps year over year; NIM at 2.89%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 58.08% of deposits as of Q3 2003.

Financial Results

Return on Assets (YTD, annualized)

0.50%-48 bps YoY

Net Interest Margin (YTD, annualized)

2.89%-51 bps YoY

Efficiency Ratio (YTD, annualized)

51.99%+637 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003YoY ΔTrend
Earnings
Return on Assets0.98%0.07%0.62%0.53%0.50%-48 bps
Return on Equity8.37%0.48%2.43%2.05%1.93%-644 bps
Net Interest Margin3.39%0.64%2.83%2.91%2.89%-51 bps
Efficiency Ratio45.63%43.51%47.61%51.21%51.99%+637 bps
Non-Interest Burden1.56%0.37%1.60%1.78%1.79%+23 bps
Growth
Asset Growth (YoY)-15.70%2.24%8.39%12.41%16.22%+3,192 bps
Loan Growth (YoY)28.43%38.86%46.54%41.54%29.89%+145 bps
Deposit Growth (YoY)-18.47%-15.72%-12.78%-5.76%-2.01%+1,645 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.37%0.00%0.00%0.00%0.00%-37 bps
Allowance / Loans1.75%1.75%1.76%1.84%2.03%+28 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 Capital25.77%20.11%19.50%20.08%20.05%-572 bps
Equity / Assets12.90%25.44%25.45%26.12%26.06%+1,316 bps
Liquidity & Funding
Loans / Deposits43.81%54.72%59.27%60.13%58.08%+1,426 bps
Liquid Assets / Assets27.23%0.00%0.00%0.00%0.00%-2,723 bps
CRE / Total Capitaln/an/an/an/an/an/an/a