PackageTrendsPeer
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Firstbank of El Paso County

Colorado Springs, CO · Cert 35275

FDIC

Q3 2010

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: Q3 2010, the quarter ended September 30, 2010, 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

Firstbank of El Paso County

Colorado Springs, CO · Cert 35275

FDIC

Q3 2010

$158.6MAssets
$83.9MLoans
$144.5MDeposits
$13.0MEquity
Loan mix
98%RE $76.7M2%C&I $1.2M1%Consumer $0.5MQ3 2009Q3 2010
Deposit mix
85%Interest-bearing $122.3M15%Noninterest $22.2MQ3 2009Q3 2010

NIM

5.37%Q3 ’085.35%Q3 ’095.13%Q3 ’10+27%+6%

Non-interest income vs. expense

3.72%Q3 ’083.88%Q3 ’093.87%Q3 ’10+14%+1%

Executive Summary

  • Earnings: ROA of 1.22%, down 10 bps year over year; NIM at 4.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Funding: loans stand at 58.06% of deposits as of Q3 2010.

Financial Results

Return on Assets (YTD, annualized)

1.22%-10 bps YoY

Net Interest Margin (YTD, annualized)

4.47%+26 bps YoY

Efficiency Ratio (YTD, annualized)

63.10%-252 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets1.32%1.33%1.05%1.25%1.22%-10 bps
Return on Equity19.60%19.17%13.48%15.71%15.22%-438 bps
Net Interest Margin4.22%4.28%4.41%4.43%4.47%+26 bps
Efficiency Ratio65.62%65.97%61.59%63.25%63.10%-252 bps
Non-Interest Burden2.18%2.24%2.11%2.21%2.21%+3 bps
Growth
Asset Growth (YoY)0.40%2.17%1.93%-1.72%2.91%+251 bps
Loan Growth (YoY)11.92%12.40%16.16%7.54%14.20%+228 bps
Deposit Growth (YoY)9.74%15.22%6.98%3.26%5.60%-414 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.12%0.12%0.08%0.10%0.11%-2 bps
Allowance / Loans1.51%1.51%1.85%1.90%2.18%+67 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 Capital15.60%15.72%15.99%16.52%16.34%+73 bps
Equity / Assets7.67%7.64%7.93%8.25%8.17%+50 bps
Liquidity & Funding
Loans / Deposits53.69%52.29%56.76%57.42%58.06%+437 bps
Liquid Assets / Assets30.34%27.92%27.05%26.19%24.19%-615 bps
CRE / Total Capitaln/an/an/an/an/an/an/a