PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Village Bank & Trust, S.S.B.

Lakeway, TX · Cert 35147

FDIC

Q2 2004

$110.9MAssets
$79.3MLoans
$97.3MDeposits
$10.4MEquity
Deposit mix
85%Interest-bearing $82.8M15%Noninterest $14.5MQ3 2002Q2 2004

Executive Summary

  • Earnings: ROA of 0.60%, down 48 bps year over year; NIM at 3.71%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 81.55% of deposits as of Q2 2004.

Return on Assets (YTD, annualized)

0.60%-48 bps YoY

Net Interest Margin (YTD, annualized)

3.71%-34 bps YoY

Efficiency Ratio (YTD, annualized)

81.24%+758 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

7.22%Q2 ’025.94%Q2 ’035.38%Q2 ’04-14%-8%

Non-interest income vs. expense

4.92%Q2 ’024.75%Q2 ’033.61%Q2 ’04-28%+25%

Year to date, annualized, through each quarter.

MetricQ3 2002Q4 2002Q1 2003Q2 2003Q3 2003Q4 2003Q1 2004Q2 2004YoY ΔTrend
Earnings
Return on Assets0.81%0.90%0.98%1.08%0.98%0.95%0.69%0.60%-48 bps
Return on Equity9.66%10.44%9.93%10.85%10.00%9.70%7.27%6.37%-448 bps
Net Interest Margin4.64%4.80%3.86%4.06%3.90%3.93%3.63%3.71%-34 bps
Efficiency Ratio75.08%73.84%76.83%73.65%74.14%74.60%78.14%81.24%+758 bps
Non-Interest Burden3.08%3.02%2.43%2.37%2.40%2.58%2.76%2.96%+59 bps
Growth
Asset Growth (YoY)1.84%-8.84%-8.94%-4.02%-5.52%2.13%5.18%3.27%+729 bps
Loan Growth (YoY)-6.70%-22.51%-15.85%-13.60%-11.50%-7.50%-1.09%-1.31%+1,229 bps
Deposit Growth (YoY)16.20%1.90%3.58%0.91%-9.10%0.04%3.22%8.71%+779 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%0.03%0.10%0.06%0.04%0.13%-0.34%0.04%-2 bps
Allowance / Loans1.09%1.03%1.01%1.03%1.08%0.99%0.96%0.90%-13 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital13.71%14.01%14.77%14.20%13.55%13.36%13.12%13.43%-76 bps
Equity / Assets9.13%9.69%10.00%10.05%9.67%9.43%9.48%9.37%-68 bps
Liquidity & Funding
Loans / Deposits88.24%85.93%86.47%89.82%85.91%79.45%82.87%81.55%-827 bps
Liquid Assets / Assets0.28%0.08%0.34%1.08%0.44%0.32%1.04%1.64%+56 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a