Lerna, IL · Cert 3694
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, 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.
Lerna, IL · Cert 3694
FDIC
Q4 2004
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 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 5.51% | 3.44% | 2.77% | 2.05% | 1.13% | 1.42% | 1.50% | 1.41% | -64 bps | |
| Return on Equity | 29.82% | 18.40% | 14.80% | 10.95% | 5.96% | 7.40% | 7.72% | 7.12% | -383 bps | |
| Net Interest Margin | 4.46% | 4.28% | 4.30% | 4.26% | 4.03% | 4.18% | 4.28% | 4.41% | +15 bps | |
| Efficiency Ratio | 70.54% | 69.00% | 68.41% | 69.83% | 74.31% | 68.72% | 66.76% | 70.33% | +50 bps | |
| Non-Interest Burden | 2.94% | 2.73% | 2.69% | 2.74% | 2.82% | 2.62% | 2.55% | 2.83% | +9 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 3.51% | 6.29% | 5.34% | 8.97% | 5.22% | -3.65% | -3.43% | -5.46% | -1,443 bps | |
| Loan Growth (YoY) | 9.99% | 8.34% | 6.76% | -3.17% | -9.95% | -13.89% | -10.13% | -11.79% | -862 bps | |
| Deposit Growth (YoY) | 0.06% | 6.96% | 3.95% | 4.27% | 3.89% | -4.78% | -5.66% | -4.49% | -875 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% | 0.00% | 0.00% | 1.08% | 0.00% | -0.07% | 0.13% | 1.36% | +28 bps | |
| Allowance / Loans | 3.85% | 3.81% | 4.00% | 2.94% | 3.13% | 3.27% | 3.16% | 1.97% | -97 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 | 35.86% | 35.89% | 34.38% | 24.92% | 25.54% | 26.78% | 27.50% | 27.77% | +285 bps | |
| Equity / Assets | 18.70% | 19.11% | 18.78% | 18.80% | 19.26% | 19.54% | 20.44% | 20.84% | +204 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 49.02% | 48.53% | 45.46% | 46.89% | 42.49% | 43.88% | 43.31% | 43.30% | -358 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |