PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Partners Bank

Alton, IL · Cert 35416

FDIC

Q3 2008

$165.3MAssets
$106.0MLoans
$110.1MDeposits
$12.1MEquity
Loan mix
55%RE $49.4M45%C&I $39.7M0%Consumer $0.0MQ3 2007Q3 2008
Deposit mix
91%Interest-bearing $100.1M9%Noninterest $9.9MQ3 2007Q3 2008

NIM

5.46%Q3 ’066.09%Q3 ’075.17%Q3 ’08+24%+11%

Non-interest income vs. expense

1.67%Q3 ’061.91%Q3 ’071.42%Q3 ’08+13%-25%

Executive Summary

  • Earnings: ROA of 0.62%, up 11 bps year over year; NIM at 2.68%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.88%.
  • Funding: loans stand at 96.29% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

0.62%+11 bps YoY

Net Interest Margin (quarter, annualized)

2.68%+28 bps YoY

Efficiency Ratio (quarter, annualized)

51.34%-2,397 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets0.51%0.69%0.73%0.94%0.62%+11 bps
Return on Equity6.41%8.75%9.06%12.48%8.76%+235 bps
Net Interest Margin2.40%2.49%2.71%2.90%2.68%+28 bps
Efficiency Ratio75.31%64.83%62.17%53.53%51.34%-2,397 bps
Non-Interest Burden1.77%1.58%1.64%1.49%1.33%-44 bps
Growth
Asset Growth (YoY)-3.97%4.19%5.66%23.15%14.49%+1,846 bps
Loan Growth (YoY)18.87%16.18%2.48%18.70%12.83%-604 bps
Deposit Growth (YoY)-1.24%11.46%13.23%38.38%18.95%+2,019 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.16%0.12%0.16%0.02%0.88%+72 bps
Allowance / Loans1.43%1.39%1.47%1.23%1.19%-24 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 Capital13.21%13.06%13.90%11.68%12.02%-119 bps
Equity / Assets7.93%7.78%8.40%6.78%7.32%-61 bps
Liquidity & Funding
Loans / Deposits101.52%95.46%90.79%89.17%96.29%-522 bps
Liquid Assets / Assets0.50%0.48%0.47%0.40%0.34%-16 bps
CRE / Total Capitaln/an/an/an/an/an/an/a