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Bank of Wausau

Wausau, WI · Cert 35016

FDIC

Q2 2013

$43.6MAssets
$26.3MLoans
$40.7MDeposits
$19KEquity
Loan mix
87%RE $16.2M12%C&I $2.2M1%Consumer $0.2MQ2 2012Q2 2013
Deposit mix
94%Interest-bearing $38.0M6%Noninterest $2.6MQ2 2012Q2 2013

NIM

4.75%Q2 ’114.32%Q2 ’123.31%Q2 ’13-5%-29%

Non-interest income vs. expense

4.18%Q2 ’114.57%Q2 ’128.80%Q2 ’13+1%+114%

Executive Summary

  • Earnings: ROA of -6.78%, down 592 bps year over year; NIM at 2.24%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.20%.
  • Funding: loans stand at 64.59% of deposits as of Q2 2013.

Financial Results

Return on Assets (quarter, annualized)

-6.78%-592 bps YoY

Net Interest Margin (quarter, annualized)

2.24%-90 bps YoY

Efficiency Ratio (quarter, annualized)

342%+21,973 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets-0.87%-0.81%-1.00%-9.01%-6.78%-592 bps
Return on Equity-21.76%-20.29%-25.35%-306%-675%-65,370 bps
Net Interest Margin3.14%2.75%3.96%2.01%2.24%-90 bps
Efficiency Ratio121.96%138.67%101.33%420%342%+21,973 bps
Non-Interest Burden3.96%4.00%4.02%11.00%8.47%+451 bps
Growth
Asset Growth (YoY)-24.65%-20.79%-20.89%-22.73%-23.31%+134 bps
Loan Growth (YoY)-34.18%-41.62%-36.98%-34.76%-30.07%+411 bps
Deposit Growth (YoY)-24.54%-20.99%-21.94%-21.52%-21.17%+337 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.05%3.31%1.64%1.33%0.20%+14 bps
Allowance / Loans4.61%4.43%4.78%4.73%5.00%+39 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 Capital6.98%7.55%7.33%4.19%0.93%-605 bps
Equity / Assets4.08%3.95%3.94%1.87%0.04%-404 bps
Liquidity & Funding
Loans / Deposits72.80%62.53%63.48%62.95%64.59%-822 bps
Liquid Assets / Assets9.60%8.35%6.94%4.64%2.13%-747 bps
CRE / Total Capitaln/an/an/an/an/an/an/a