Madison Bank & Trust Company, The

Madison, IN · Cert 4399

FDIC

Q2 2005

$215.7MAssets

$37.9MLoans

$170.7MDeposits

$27.7MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.73%, up 101 bps year over year; NIM at 1.60%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.71%.
Funding: loans stand at 22.19% of deposits as of Q2 2005.

Return on Assets (YTD, annualized)

0.73%+101 bps YoY

Net Interest Margin (YTD, annualized)

1.60%+100 bps YoY

Efficiency Ratio (YTD, annualized)

129.35%+177 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 2004	Q3 2004	Q4 2004	Q1 2005	Q2 2005	YoY Δ	Trend
Earnings
Return on Assets	-0.28%	-0.09%	0.04%	0.02%	0.73%	+101 bps
Return on Equity	-2.17%	-0.71%	0.35%	0.13%	5.76%	+793 bps
Net Interest Margin	0.60%	0.94%	1.13%	1.55%	1.60%	+100 bps
Efficiency Ratio	127.58%	100.04%	85.61%	96.53%	129.35%	+177 bps
Non-Interest Burden	0.95%	0.95%	0.86%	1.47%	2.26%	+131 bps
Growth
Asset Growth (YoY)	4.42%	4.71%	8.20%	3.85%	2.46%	-196 bps
Loan Growth (YoY)	-24.98%	-20.63%	-18.87%	-15.16%	59.14%	+8,412 bps
Deposit Growth (YoY)	0.55%	11.86%	13.57%	12.21%	10.97%	+1,043 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.56%	1.14%	1.83%	0.00%	-0.71%	-128 bps
Allowance / Loans	8.87%	9.22%	9.99%	10.12%	0.90%	-797 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	46.21%	45.67%	46.85%	47.96%	41.42%	-479 bps
Equity / Assets	12.59%	12.45%	12.45%	12.62%	12.83%	+24 bps
Liquidity & Funding
Loans / Deposits	15.47%	14.03%	12.64%	12.45%	22.19%	+672 bps
Liquid Assets / Assets	62.95%	65.60%	70.82%	74.59%	67.46%	+451 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a