PackageTrendsPeer
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Lincoln State Bank, S.B.

Rochelle, IL · Cert 34856

FDIC

Q1 2013

$50.4MAssets
$28.6MLoans
$46.1MDeposits
$4.2MEquity
Loan mix
68%RE $14.3M25%C&I $5.4M7%Consumer $1.4MQ1 2012Q1 2013
Deposit mix
82%Interest-bearing $37.8M18%Noninterest $8.3MQ1 2012Q1 2013

NIM

4.48%Q1 ’114.08%Q1 ’123.25%Q1 ’13-5%-18%

Non-interest income vs. expense

3.98%Q1 ’114.00%Q1 ’124.08%Q1 ’13-8%+17%

Executive Summary

  • Earnings: ROA of -0.13%, down 84 bps year over year; NIM at 2.70%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.31%.
  • Funding: loans stand at 62.08% of deposits as of Q1 2013.

Financial Results

Return on Assets (quarter, annualized)

-0.13%-84 bps YoY

Net Interest Margin (quarter, annualized)

2.70%-58 bps YoY

Efficiency Ratio (quarter, annualized)

101.18%+2,011 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.71%0.51%-0.12%-0.01%-0.13%-84 bps
Return on Equity8.26%5.91%-1.33%-0.09%-1.52%-978 bps
Net Interest Margin3.29%3.33%3.60%2.92%2.70%-58 bps
Efficiency Ratio81.07%76.32%70.30%89.34%101.18%+2,011 bps
Non-Interest Burden2.35%2.08%1.86%2.41%2.75%+40 bps
Growth
Asset Growth (YoY)1.41%5.76%3.04%4.82%2.07%+65 bps
Loan Growth (YoY)-5.06%-4.33%-8.33%-4.47%-5.11%-5 bps
Deposit Growth (YoY)1.49%6.39%3.74%5.24%2.34%+85 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.04%0.23%2.94%0.34%0.31%+27 bps
Allowance / Loans1.63%1.53%1.57%1.64%1.64%+1 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 Capital13.59%13.77%13.80%13.93%14.28%+68 bps
Equity / Assets8.43%8.95%8.89%8.64%8.35%-8 bps
Liquidity & Funding
Loans / Deposits66.96%72.43%72.15%65.97%62.08%-488 bps
Liquid Assets / Assets31.11%24.28%23.50%27.87%32.45%+133 bps
CRE / Total Capitaln/an/an/an/an/an/an/a