PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

PRP National Bank

Pleasure Ridge Park, KY · Cert 34809

FDIC

Q3 2007

$77.5MAssets
$51.0MLoans
$70.6MDeposits
$6.1MEquity
Deposit mix
83%Interest-bearing $58.3M17%Noninterest $12.3MQ3 2006Q3 2007

NIM

5.80%Q3 ’056.85%Q3 ’066.48%Q3 ’07+6%-11%

Non-interest income vs. expense

3.74%Q3 ’054.04%Q3 ’063.97%Q3 ’07+15%-15%

Executive Summary

  • Earnings: ROA of 0.65%, down 4 bps year over year; NIM at 3.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.23%.
  • Funding: loans stand at 72.24% of deposits as of Q3 2007.

Financial Results

Return on Assets (quarter, annualized)

0.65%-4 bps YoY

Net Interest Margin (quarter, annualized)

3.49%-42 bps YoY

Efficiency Ratio (quarter, annualized)

79.41%-64 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets0.69%0.67%0.58%0.57%0.65%-4 bps
Return on Equity8.32%8.14%7.34%7.44%8.31%0 bps
Net Interest Margin3.91%3.87%3.17%3.43%3.49%-42 bps
Efficiency Ratio80.05%78.44%79.29%79.88%79.41%-64 bps
Non-Interest Burden2.90%2.78%2.24%2.45%2.46%-44 bps
Growth
Asset Growth (YoY)4.76%8.90%16.37%15.48%16.60%+1,184 bps
Loan Growth (YoY)10.87%17.06%4.96%-3.98%7.32%-354 bps
Deposit Growth (YoY)6.75%16.27%18.75%15.76%18.13%+1,137 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.13%0.25%0.05%0.23%+20 bps
Allowance / Loans1.74%1.61%1.67%1.81%1.54%-20 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 Capital13.46%13.04%13.47%13.82%12.76%-70 bps
Equity / Assets8.36%8.11%7.69%7.75%7.89%-47 bps
Liquidity & Funding
Loans / Deposits79.51%81.20%69.43%64.69%72.24%-727 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a