PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Arvest Bank

Duncan, OK · Cert 4081

FDIC

Q1 2002

$120.3MAssets
$90.2MLoans
$104.8MDeposits
$13.7MEquity
Loan mix
55%RE $26.5M44%C&I $21.0M1%Consumer $0.3MQ1 2001Q1 2002
Deposit mix
89%Interest-bearing $93.0M11%Noninterest $11.8MQ1 2001Q1 2002

NIM

7.86%Q1 ’016.26%Q1 ’02+5%

Non-interest income vs. expense

5.47%Q1 ’015.49%Q1 ’02-12%

Executive Summary

  • Earnings: ROA of -0.17%, up 71 bps year over year; NIM at 3.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.27%.
  • Funding: loans stand at 86.03% of deposits as of Q1 2002.

Financial Results

Return on Assets (YTD, annualized)

-0.17%+71 bps YoY

Net Interest Margin (YTD, annualized)

3.94%+18 bps YoY

Efficiency Ratio (YTD, annualized)

98.93%-1,491 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2001Q2 2001Q3 2001Q4 2001Q1 2002YoY ΔTrend
Earnings
Return on Assets-0.88%-0.99%-1.35%-1.30%-0.17%+71 bps
Return on Equityn/an/an/an/a-1.54%n/an/a
Net Interest Margin3.77%3.45%3.40%3.44%3.94%+18 bps
Efficiency Ratio113.84%110.92%113.11%114.12%98.93%-1,491 bps
Non-Interest Burden4.43%3.97%4.02%4.14%3.89%-54 bps
Growth
Asset Growth (YoY)37.25%36.23%21.20%13.25%2.46%-3,479 bps
Loan Growth (YoY)25.66%21.45%10.87%6.37%2.24%-2,341 bps
Deposit Growth (YoY)51.32%47.40%31.06%16.12%2.05%-4,926 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.55%1.19%1.25%0.89%0.27%-28 bps
Allowance / Loans1.29%1.15%1.70%1.93%1.95%+66 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 Capital10.59%11.06%10.72%11.58%11.67%+109 bps
Equity / Assets11.02%11.11%10.46%11.21%11.43%+40 bps
Liquidity & Funding
Loans / Deposits85.87%84.99%78.99%83.71%86.03%+16 bps
Liquid Assets / Assets0.02%0.03%0.03%0.01%0.01%-1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a