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First National Bank of Gilman, The

Gilman, IL · Cert 3673

FDIC

Q3 2009

$38.8MAssets
$22.3MLoans
$36.5MDeposits
$1.2MEquity
Loan mix
62%RE $6.9M38%C&I $4.3M0%Consumer $0.0MQ3 2008Q3 2009
Deposit mix
80%Interest-bearing $29.2M20%Noninterest $7.3MQ3 2008Q3 2009

NIM

5.98%Q3 ’075.33%Q3 ’084.90%Q3 ’09+9%+3%

Non-interest income vs. expense

3.09%Q3 ’073.31%Q3 ’084.51%Q3 ’09-23%+93%

Executive Summary

  • Earnings: ROA of 1.96%, up 178 bps year over year; NIM at 4.14%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 61.12% of deposits as of Q3 2009.

Financial Results

Return on Assets (quarter, annualized)

1.96%1+178 bps YoY

Net Interest Margin (quarter, annualized)

4.14%+13 bps YoY

Efficiency Ratio (quarter, annualized)

87.43%+2,731 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets0.17%-8.65%-10.28%-7.06%1.96%1+178 bps
Return on Equity2.53%-133.06%-191.89%-195.48%69.84%+6,731 bps
Net Interest Margin4.00%3.59%3.91%3.89%4.14%+13 bps
Efficiency Ratio60.12%79.73%78.71%114.26%87.43%+2,731 bps
Non-Interest Burden1.81%2.69%2.93%4.57%3.49%+168 bps
Growth
Asset Growth (YoY)-9.17%-12.58%-13.74%-8.36%-15.43%-626 bps
Loan Growth (YoY)-4.46%-15.56%-15.04%-16.34%-14.88%-1,042 bps
Deposit Growth (YoY)1.55%2.91%-7.49%-3.74%-13.70%-1,525 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%14.61%0.33%1.38%0.04%+7 bps
Allowance / Loans1.29%1.08%1.13%1.29%1.34%+6 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 Capital13.50%11.08%6.01%3.90%6.01%-749 bps
Equity / Assets6.87%6.12%4.60%2.60%3.02%-385 bps
Liquidity & Funding
Loans / Deposits61.97%57.98%55.64%54.75%61.12%-85 bps
Liquid Assets / Assets0.02%0.03%13.14%12.98%17.77%+1,775 bps
CRE / Total Capitaln/an/an/an/an/an/an/a