Okey-Vernon First National Bank

Corning, IA · Cert 4442

FDIC · 1 branch

Q2 2016

$79.5MAssets

$34.2MLoans

$68.3MDeposits

$10.9MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.27%, down 65 bps year over year; NIM at 2.87%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.

Return on Assets (quarter, annualized)

0.27%-65 bps YoY

Net Interest Margin (quarter, annualized)

2.87%+26 bps YoY

Efficiency Ratio (quarter, annualized)

89.32%+2,698 bps YoY

Tier 1 Leverage Ratio

13.40%+38 bps YoY

Discrete quarter, annualized.

Metric	Q2 2015	Q3 2015	Q4 2015	Q1 2016	Q2 2016	YoY Δ	Trend
Earnings
Return on Assets	0.92%	1.36%	0.87%	1.12%	0.27%	-65 bps
Return on Equity	7.13%	10.37%	6.55%	8.47%	1.98%	-515 bps
Net Interest Margin	2.61%	3.12%	2.67%	2.88%	2.87%	+26 bps
Efficiency Ratio	62.34%	54.64%	65.13%	58.76%	89.32%	+2,698 bps
Non-Interest Burden	1.57%	1.64%	1.70%	1.62%	2.54%	+97 bps
Growth
Asset Growth (YoY)	12.75%	9.74%	7.36%	3.26%	1.22%	-1,153 bps
Loan Growth (YoY)	8.19%	5.31%	2.77%	5.55%	6.06%	-213 bps
Deposit Growth (YoY)	13.71%	10.05%	7.57%	2.79%	0.36%	-1,335 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Allowance / Loans	0.96%	0.98%	1.02%	1.08%	1.05%	+9 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	13.02%	13.41%	13.07%	13.54%	13.40%	+38 bps
Total Risk-Based Capital	26.11%	26.14%	26.61%	27.00%	26.82%	+71 bps
Equity / Assets	13.14%	13.18%	13.50%	13.08%	13.76%	+62 bps
Liquidity & Funding
Loans / Deposits	47.33%	47.24%	47.89%	44.54%	50.01%	+269 bps
Liquid Assets / Assets	49.47%	48.80%	53.24%	48.48%	47.59%	-188 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a