PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Country Bank

Aledo, IL · Cert 35395

FDIC

Q3 2011

$195.0MAssets
$142.6MLoans
$180.8MDeposits
$-6583KEquity
Loan mix
50%RE $54.3M49%C&I $53.2M0%Consumer $0.5MQ3 2010Q3 2011
Deposit mix
93%Interest-bearing $169.1M7%Noninterest $11.8MQ3 2010Q3 2011

NIM

5.60%Q3 ’095.63%Q3 ’103.74%Q3 ’11+7%-46%

Non-interest income vs. expense

1.99%Q3 ’091.99%Q3 ’102.40%Q3 ’11+1%+18%

Executive Summary

  • Earnings: ROA of -8.69%, down 975 bps year over year; NIM at 2.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 7.29%.
  • Funding: loans stand at 78.87% of deposits as of Q3 2011.

Financial Results

Return on Assets (YTD, annualized)

-8.69%-975 bps YoY

Net Interest Margin (YTD, annualized)

2.16%-184 bps YoY

Efficiency Ratio (YTD, annualized)

103.63%+5,496 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets1.05%-7.84%0.44%-4.63%-8.69%-975 bps
Return on Equity9.60%-82.78%14.18%-203%-993%-100,245 bps
Net Interest Margin4.00%3.53%3.17%2.23%2.16%-184 bps
Efficiency Ratio48.67%55.91%65.89%68.86%103.63%+5,496 bps
Non-Interest Burden1.90%1.95%2.04%1.49%2.24%+34 bps
Growth
Asset Growth (YoY)5.52%-5.45%-6.47%-9.68%-11.94%-1,746 bps
Loan Growth (YoY)2.28%-0.62%-1.87%-6.26%-14.55%-1,683 bps
Deposit Growth (YoY)8.95%7.45%3.23%2.63%5.54%-341 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%2.93%0.02%10.05%7.29%+720 bps
Allowance / Loans1.84%11.14%11.40%11.10%16.57%+1,472 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 Capital14.46%4.91%5.05%1.59%-4.65%-1,912 bps
Equity / Assets11.23%2.99%3.17%0.63%-3.38%-1,461 bps
Liquidity & Funding
Loans / Deposits97.41%94.26%95.61%89.26%78.87%-1,854 bps
Liquid Assets / Assets0.29%0.06%1.19%0.58%0.12%-17 bps
CRE / Total Capitaln/an/an/an/an/an/an/a