PackageTrendsPeer
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Bank One, National Association

Chicago, IL · Cert 3618

FDIC

Q3 2004

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 2004, the quarter ended September 30, 2004, 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

Bank One, National Association

Chicago, IL · Cert 3618

FDIC

Q3 2004

$259.5BAssets
$159.7BLoans
$128.8BDeposits
$33.3BEquity
Loan mix
30%RE $22.8B35%C&I $26.8B35%Consumer $26.8BQ3 2003Q3 2004
Deposit mix
70%Interest-bearing $89.6B30%Noninterest $39.3BQ3 2003Q3 2004

NIM

4.45%Q3 ’023.64%Q3 ’031.08%Q3 ’04-21%-67%

Non-interest income vs. expense

2.60%Q3 ’022.59%Q3 ’030.78%Q3 ’04+11%-85%

Executive Summary

  • Earnings: ROA of 0.14%, down 79 bps year over year; NIM at 0.77%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.24%.
  • Funding: loans stand at 123.96% of deposits as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

0.14%-79 bps YoY

Net Interest Margin (YTD, annualized)

0.77%-158 bps YoY

Efficiency Ratio (YTD, annualized)

47.90%-1,143 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets0.93%0.89%1.27%1.28%0.14%-79 bps
Return on Equity11.85%11.62%18.22%18.41%1.61%-1,025 bps
Net Interest Margin2.35%2.41%2.00%2.05%0.77%-158 bps
Efficiency Ratio59.33%59.47%59.62%57.97%47.90%-1,143 bps
Non-Interest Burden0.58%0.58%0.37%0.26%0.09%-49 bps
Growth
Asset Growth (YoY)-1.62%10.00%4.38%-2.79%12.00%+1,363 bps
Loan Growth (YoY)-4.45%15.67%15.79%16.78%43.53%+4,798 bps
Deposit Growth (YoY)12.94%2.31%5.45%-1.01%2.74%-1,020 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.10%1.00%0.30%0.31%0.24%-85 bps
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital13.74%13.71%13.46%12.75%11.62%-212 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits88.73%111.09%103.51%102.88%123.96%+3,523 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