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Community Bank of Boone

Boone, IA · Cert 35268

FDIC

Q4 2008

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2008, the quarter ended December 31, 2008, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Community Bank of Boone

Boone, IA · Cert 35268

FDIC

Q4 2008

$130.0MAssets
$97.6MLoans
$96.4MDeposits
$13.0MEquity
Loan mix
87%RE $63.2M12%C&I $8.9M0%Consumer $0.2MQ4 2007Q4 2008
Deposit mix
91%Interest-bearing $88.1M9%Noninterest $8.3MQ4 2007Q4 2008

NIM

6.38%Q4 ’066.37%Q4 ’076.09%Q4 ’08-7%+13%

Non-interest income vs. expense

2.55%Q4 ’061.63%Q4 ’072.17%Q4 ’08-42%+33%

Executive Summary

  • Earnings: ROA of 0.45%, down 65 bps year over year; NIM at 2.85%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.74%.
  • Funding: loans stand at 101.25% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

0.45%-65 bps YoY

Net Interest Margin (YTD, annualized)

2.85%+32 bps YoY

Efficiency Ratio (YTD, annualized)

66.94%+918 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets1.11%0.37%0.56%0.60%0.45%-65 bps
Return on Equity14.69%4.47%6.74%7.04%5.12%-957 bps
Net Interest Margin2.53%2.42%2.64%2.80%2.85%+32 bps
Efficiency Ratio57.76%71.22%66.26%65.58%66.94%+918 bps
Non-Interest Burden1.34%1.62%1.60%1.71%1.78%+45 bps
Growth
Asset Growth (YoY)3.48%-1.55%-8.81%-7.76%-16.34%-1,982 bps
Loan Growth (YoY)-1.90%-3.89%-5.35%-8.36%-15.17%-1,327 bps
Deposit Growth (YoY)6.05%-4.87%-11.43%-9.99%-19.62%-2,566 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%1.96%0.97%0.69%0.74%+75 bps
Allowance / Loans1.58%1.27%1.42%1.61%1.78%+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 Capital11.13%11.50%11.89%12.57%13.19%+206 bps
Equity / Assets7.74%8.66%8.65%9.32%9.97%+223 bps
Liquidity & Funding
Loans / Deposits95.94%104.65%108.19%109.12%101.25%+531 bps
Liquid Assets / Assets0.01%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a