PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank in Homer

Homer, IL · Cert 3680

FDIC

Q4 2004

$10.7MAssets
$6.3MLoans
$9.6MDeposits
$1.1MEquity
Deposit mix
63%Interest-bearing $6.0M37%Noninterest $3.5MQ4 2003Q4 2004

NIM

3.64%Q4 ’025.33%Q4 ’035.36%Q4 ’04+110%+9%

Non-interest income vs. expense

4.87%Q4 ’024.48%Q4 ’036.66%Q4 ’04-9%+54%

Executive Summary

  • Earnings: ROA of -1.96%, down 189 bps year over year; NIM at 4.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 3.30%.
  • Funding: loans stand at 65.71% of deposits as of Q4 2004.

Financial Results

Return on Assets (quarter, annualized)

-1.96%-189 bps YoY

Net Interest Margin (quarter, annualized)

4.60%+38 bps YoY

Efficiency Ratio (quarter, annualized)

132.88%+3,628 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2003Q1 2004Q2 2004Q3 2004Q4 2004YoY ΔTrend
Earnings
Return on Assets-0.07%-0.07%-0.38%-1.23%-1.96%-189 bps
Return on Equity-0.65%-0.65%-3.66%-11.56%-18.56%-1,791 bps
Net Interest Margin4.23%3.73%4.05%4.39%4.60%+38 bps
Efficiency Ratio96.60%101.43%108.03%124.46%132.88%+3,628 bps
Non-Interest Burden4.07%3.79%4.42%5.58%6.25%+218 bps
Growth
Asset Growth (YoY)8.42%0.46%-4.95%-9.67%-10.58%-1,900 bps
Loan Growth (YoY)-13.76%-14.34%-7.97%-1.47%-12.95%+82 bps
Deposit Growth (YoY)9.78%0.57%-5.28%-10.24%-10.75%-2,053 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.27%-0.99%-0.29%-0.06%-3.30%-457 bps
Allowance / Loans5.17%6.02%5.75%5.58%7.11%+194 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 Capital17.94%19.75%18.96%18.11%20.27%+233 bps
Equity / Assets10.19%10.12%10.59%10.72%10.38%+20 bps
Liquidity & Funding
Loans / Deposits67.37%59.50%69.02%72.79%65.71%-166 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