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Downs National Bank, The

Downs, KS · Cert 4656

FDIC · 1 branch

Q3 2014

$16.9MAssets
$4.9MLoans
$15.2MDeposits
$1.7MEquity
Loan mix
54%RE $1.4M13%C&I $0.3M33%Consumer $0.8MQ3 2013Q3 2014
Deposit mix
80%Interest-bearing $12.1M20%Noninterest $3.1MQ3 2013Q3 2014

NIM

3.34%Q3 ’123.02%Q3 ’132.87%Q3 ’14-7%-5%

Non-interest income vs. expense

3.01%Q3 ’123.05%Q3 ’133.36%Q3 ’14-3%+6%

Executive Summary

  • Earnings: ROA of -0.15%, down 31 bps year over year; NIM at 2.66%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.38%.
  • Funding: loans stand at 32.56% of deposits as of Q3 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.15%-31 bps YoY

Net Interest Margin (YTD, annualized)

2.66%-14 bps YoY

Efficiency Ratio (YTD, annualized)

103.99%+877 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2013Q4 2013Q1 2014Q2 2014Q3 2014YoY ΔTrend
Earnings
Return on Assets0.16%0.30%0.11%0.01%-0.15%-31 bps
Return on Equity1.77%3.25%1.17%0.12%-1.54%-332 bps
Net Interest Margin2.80%2.88%2.59%2.69%2.66%-14 bps
Efficiency Ratio95.22%90.53%96.45%99.26%103.99%+877 bps
Non-Interest Burden2.64%2.56%2.49%2.67%2.79%+15 bps
Growth
Asset Growth (YoY)0.73%-3.18%-0.14%-3.64%-5.47%-620 bps
Loan Growth (YoY)1.34%3.05%-1.33%-15.33%-24.63%-2,598 bps
Deposit Growth (YoY)4.52%-3.18%0.24%-4.71%-6.20%-1,073 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.04%0.03%-0.07%-0.10%1.38%+134 bps
Allowance / Loans2.17%2.08%2.57%2.47%1.50%-67 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 Capital26.12%22.74%27.34%26.32%35.86%+973 bps
Equity / Assets9.47%9.33%8.92%9.77%10.26%+78 bps
Liquidity & Funding
Loans / Deposits40.52%41.75%31.67%36.35%32.56%-796 bps
Liquid Assets / Assets24.80%24.44%33.06%30.79%25.66%+86 bps
CRE / Total Capitaln/an/an/an/an/an/an/a