Sac City, IA · Cert 35562
FDIC
Q3 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2003, the quarter ended September 30, 2003, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Sac City, IA · Cert 35562
FDIC
Q3 2003
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2001 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.24% | 0.23% | 0.43% | 0.41% | 0.46% | 0.71% | 1.04% | 0.95% | +54 bps | |
| Return on Equity | n/a | 2.72% | 5.19% | 5.16% | 5.73% | 9.80% | 13.84% | 12.74% | +758 bps | |
| Net Interest Margin | 1.98% | 2.41% | 2.48% | 2.46% | 2.45% | 2.89% | 3.17% | 3.28% | +82 bps | |
| Efficiency Ratio | 78.46% | 77.42% | 67.15% | 65.60% | 62.20% | 49.78% | 44.53% | 48.10% | -1,749 bps | |
| Non-Interest Burden | 1.47% | 1.76% | 1.53% | 1.45% | 1.33% | 1.13% | 1.11% | 1.30% | -15 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 66.36% | 35.94% | 20.74% | 21.32% | 22.20% | 23.14% | 12.72% | 12.79% | -853 bps | |
| Loan Growth (YoY) | 68.30% | 29.81% | 17.73% | 13.85% | 16.91% | 12.58% | 14.19% | 22.46% | +861 bps | |
| Deposit Growth (YoY) | 67.35% | 54.81% | 30.86% | 23.32% | 18.61% | 23.94% | 35.34% | 20.33% | -300 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.02% | 0.01% | 0.13% | 0.10% | 0.13% | 0.09% | 0.10% | -2 bps | |
| Allowance / Loans | 0.65% | 0.68% | 0.75% | 0.78% | 0.97% | 1.05% | 1.12% | 1.12% | +34 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 10.53% | 10.15% | 10.25% | 10.03% | 10.51% | 10.14% | 10.57% | 10.08% | +5 bps | |
| Equity / Assets | 8.84% | 7.96% | 8.04% | 7.46% | 7.66% | 6.97% | 7.88% | 7.39% | -7 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 107.27% | 105.77% | 120.86% | 104.93% | 105.72% | 96.07% | 101.97% | 106.80% | +187 bps | |
| Liquid Assets / Assets | 1.36% | 1.22% | 3.26% | 8.83% | 1.57% | 1.39% | 1.12% | 2.74% | -609 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |