PackageTrendsPeer
Letter portraitLegal landscape

Eastbank

Minneapolis, MN · Cert 35576

FDIC

Q2 2009

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: Q2 2009, the quarter ended June 30, 2009, 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 2026-10-11

Eastbank

Minneapolis, MN · Cert 35576

FDIC

Q2 2009

$15.5MAssets
$11.9MLoans
$12.2MDeposits
$1.9MEquity
Loan mix
67%RE $6.5M32%C&I $3.1M0%Consumer $0.0MQ2 2008Q2 2009
Deposit mix
83%Interest-bearing $10.2M17%Noninterest $2.0MQ2 2008Q2 2009

NIM

6.99%Q2 ’075.07%Q2 ’081.76%Q2 ’09-19%-63%

Non-interest income vs. expense

6.67%Q2 ’077.06%Q2 ’081.49%Q2 ’09+5%-68%

Executive Summary

  • Earnings: ROA of -0.87%, up 44 bps year over year; NIM at 1.12%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.03%.
  • Funding: loans stand at 97.31% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-0.87%+44 bps YoY

Net Interest Margin (YTD, annualized)

1.12%-191 bps YoY

Efficiency Ratio (YTD, annualized)

151.61%+941 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets-1.31%-1.17%-0.89%-2.74%-0.87%+44 bps
Return on Equity-9.18%-8.16%-6.29%-21.11%-6.80%+238 bps
Net Interest Margin3.03%3.18%2.92%2.90%1.12%-191 bps
Efficiency Ratio142.20%133.20%125.00%162.28%151.61%+941 bps
Non-Interest Burden5.12%4.89%4.11%5.56%1.63%-349 bps
Growth
Asset Growth (YoY)0.71%-7.20%-1.19%11.32%-26.33%-2,704 bps
Loan Growth (YoY)-10.77%-12.78%33.14%23.22%-9.50%+127 bps
Deposit Growth (YoY)6.01%-1.76%3.36%13.13%-28.58%-3,458 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.44%0.37%0.05%0.62%1.03%+147 bps
Allowance / Loans3.66%3.52%2.96%2.83%0.00%-366 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 Capital15.87%17.30%14.88%17.11%13.83%-204 bps
Equity / Assets13.51%14.53%13.49%12.46%12.38%-113 bps
Liquidity & Funding
Loans / Deposits76.80%76.71%87.97%83.72%97.31%+2,051 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a