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First National Bank of Millstadt

Millstadt, IL · Cert 3816

FDIC

Q3 2007

$86.3MAssets
$37.5MLoans
$74.9MDeposits
$10.1MEquity
Deposit mix
92%Interest-bearing $69.1M8%Noninterest $5.8MQ3 2006Q3 2007

NIM

4.40%Q3 ’054.80%Q3 ’064.96%Q3 ’07-7%-10%

Non-interest income vs. expense

2.46%Q3 ’052.83%Q3 ’068.88%Q3 ’07+9%+266%

Executive Summary

  • Earnings: ROA of -4.23%, down 463 bps year over year; NIM at 2.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 50.04% of deposits as of Q3 2007.

Financial Results

Return on Assets (quarter, annualized)

-4.23%-463 bps YoY

Net Interest Margin (quarter, annualized)

2.59%-27 bps YoY

Efficiency Ratio (quarter, annualized)

286%+20,290 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets0.40%0.47%0.33%0.38%-4.23%-463 bps
Return on Equity2.87%3.47%2.53%2.88%-33.85%-3,672 bps
Net Interest Margin2.86%2.99%2.88%2.47%2.59%-27 bps
Efficiency Ratio83.19%82.56%84.67%82.69%286%+20,290 bps
Non-Interest Burden2.29%2.38%2.36%1.96%8.36%+608 bps
Growth
Asset Growth (YoY)-1.18%6.57%10.15%8.06%2.85%+403 bps
Loan Growth (YoY)6.98%10.02%5.13%-3.03%-9.39%-1,637 bps
Deposit Growth (YoY)-1.79%7.19%11.30%8.72%4.34%+613 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%-0.07%-0.10%-0.01%0.00%+2 bps
Allowance / Loans1.09%1.08%1.12%1.17%1.21%+12 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 Capital29.90%28.07%27.96%28.25%25.14%-476 bps
Equity / Assets14.14%12.96%13.04%13.25%11.69%-245 bps
Liquidity & Funding
Loans / Deposits57.62%52.42%51.30%49.93%50.04%-758 bps
Liquid Assets / Assets0.15%0.18%0.18%0.18%0.19%+4 bps
CRE / Total Capitaln/an/an/an/an/an/an/a