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First National Bank in New Hampton

New Hampton, IA · Cert 4481

FDIC

Q2 2008

$44.2MAssets
$39.9MLoans
$41.3MDeposits
$2.7MEquity
Loan mix
76%RE $23.7M24%C&I $7.6M0%Consumer $0.0MQ3 2006Q2 2008
Deposit mix
90%Interest-bearing $37.1M10%Noninterest $4.2MQ3 2006Q2 2008

Executive Summary

  • Earnings: ROA of 0.10%, up 4 bps year over year; NIM at 3.10%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 96.71% of deposits as of Q2 2008.

Return on Assets (YTD, annualized)

0.10%+4 bps YoY

Net Interest Margin (YTD, annualized)

3.10%+23 bps YoY

Efficiency Ratio (YTD, annualized)

84.63%-1,313 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.60%Q2 ’065.90%Q2 ’075.57%Q2 ’08-2%+8%

Non-interest income vs. expense

3.32%Q2 ’063.30%Q2 ’072.99%Q2 ’08-4%-8%

Year to date, annualized, through each quarter.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets0.05%0.00%-0.38%0.05%0.25%0.23%-0.68%0.10%+4 bps
Return on Equity0.50%0.04%-3.90%0.56%2.57%2.33%-7.14%1.18%+62 bps
Net Interest Margin3.00%3.02%2.77%2.87%2.98%3.02%3.12%3.10%+23 bps
Efficiency Ratio98.60%99.77%110.23%97.76%91.87%92.51%95.65%84.63%-1,313 bps
Non-Interest Burden2.95%3.01%3.11%2.79%2.69%2.76%2.96%2.56%-23 bps
Growth
Asset Growth (YoY)-2.44%-4.09%-5.76%-5.91%-7.97%-4.31%-10.71%-7.06%-115 bps
Loan Growth (YoY)0.19%-1.39%-7.14%-7.43%-7.22%-10.61%-8.07%15.53%+2,296 bps
Deposit Growth (YoY)5.51%-2.43%-6.52%-7.07%-9.35%-5.43%-9.22%-3.22%+384 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%0.06%-0.01%-0.01%0.11%0.09%-0.05%0.07%+7 bps
Allowance / Loans1.21%1.15%1.18%1.18%1.14%1.20%1.21%0.92%-26 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital14.47%14.62%14.59%14.71%15.53%16.12%12.18%8.29%-642 bps
Equity / Assets9.32%9.65%9.61%9.76%10.62%10.71%8.18%6.20%-356 bps
Liquidity & Funding
Loans / Deposits80.73%82.81%80.18%81.01%82.63%78.27%81.19%96.71%+1,570 bps
Liquid Assets / Assets0.05%0.05%0.05%0.06%0.07%0.07%0.00%0.00%-6 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a