PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Countryside Bank

Republic, MO · Cert 34743

FDIC

Q2 2008

$97.0MAssets
$69.1MLoans
$87.2MDeposits
$6.4MEquity
Loan mix
82%RE $40.0M18%C&I $8.6M0%Consumer $0.1MQ2 2007Q2 2008
Deposit mix
90%Interest-bearing $78.7M10%Noninterest $8.5MQ2 2007Q2 2008

NIM

6.08%Q2 ’066.69%Q2 ’075.97%Q2 ’08-2%-13%

Non-interest income vs. expense

2.61%Q2 ’062.54%Q2 ’072.63%Q2 ’08-3%+33%

Executive Summary

  • Earnings: ROA of -1.25%, down 189 bps year over year; NIM at 2.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.15%.
  • Funding: loans stand at 79.20% of deposits as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

-1.25%-189 bps YoY

Net Interest Margin (YTD, annualized)

2.79%-43 bps YoY

Efficiency Ratio (YTD, annualized)

102.06%+3,184 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.64%0.64%0.57%0.13%-1.25%-189 bps
Return on Equity8.91%8.79%7.84%1.81%-17.50%-2,642 bps
Net Interest Margin3.21%3.18%3.16%2.88%2.79%-43 bps
Efficiency Ratio70.22%70.11%71.91%83.53%102.06%+3,184 bps
Non-Interest Burden2.14%2.11%2.16%2.35%2.84%+70 bps
Growth
Asset Growth (YoY)7.79%4.46%4.50%5.71%-1.31%-911 bps
Loan Growth (YoY)3.09%3.01%10.35%6.18%1.79%-130 bps
Deposit Growth (YoY)6.17%2.79%3.93%6.69%-0.29%-645 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.06%0.05%0.09%0.44%1.15%+108 bps
Allowance / Loans1.01%1.01%1.00%1.01%1.30%+30 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 Capital11.42%11.44%11.26%11.24%10.70%-72 bps
Equity / Assets7.11%7.36%7.47%7.35%6.60%-51 bps
Liquidity & Funding
Loans / Deposits77.58%80.79%81.44%78.32%79.20%+161 bps
Liquid Assets / Assets0.33%0.45%0.23%0.14%0.03%-30 bps
CRE / Total Capitaln/an/an/an/an/an/an/a