PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Security Bank & Trust Company

Norton, KS · Cert 4741

FDIC · 2 branches

Q2 2014

$59.9MAssets
$31.0MLoans
$49.8MDeposits
$8.0MEquity
Loan mix
69%RE $12.6M19%C&I $3.4M12%Consumer $2.3MQ2 2013Q2 2014
Deposit mix
72%Interest-bearing $35.9M28%Noninterest $13.9MQ2 2013Q2 2014

NIM

3.74%Q2 ’123.59%Q2 ’133.69%Q2 ’14+0%+8%

Non-interest income vs. expense

3.63%Q2 ’124.15%Q2 ’133.00%Q2 ’14+8%-29%

Executive Summary

  • Earnings: ROA of 0.07%, up 65 bps year over year; NIM at 3.42%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Funding: loans stand at 62.30% of deposits as of Q2 2014.

Financial Results

Return on Assets (YTD, annualized)

0.07%+65 bps YoY

Net Interest Margin (YTD, annualized)

3.42%+25 bps YoY

Efficiency Ratio (YTD, annualized)

79.48%-548 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets-0.58%-0.11%0.09%0.82%0.07%+65 bps
Return on Equity-4.32%-0.87%0.74%6.78%0.57%+489 bps
Net Interest Margin3.17%3.19%3.23%3.32%3.42%+25 bps
Efficiency Ratio84.96%82.95%82.77%77.70%79.48%-548 bps
Non-Interest Burden3.74%3.30%3.14%2.51%2.64%-110 bps
Growth
Asset Growth (YoY)-2.38%9.05%0.13%-0.47%-3.93%-155 bps
Loan Growth (YoY)12.75%14.91%3.16%4.57%-2.10%-1,485 bps
Deposit Growth (YoY)4.03%13.97%-1.52%-1.49%-3.26%-729 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%-0.01%-0.03%-0.03%-4 bps
Allowance / Loans2.66%2.59%2.67%2.65%2.74%+8 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 Capital20.99%21.19%19.87%19.90%17.41%-358 bps
Equity / Assets12.81%11.39%11.87%12.18%13.36%+54 bps
Liquidity & Funding
Loans / Deposits61.56%62.42%65.18%63.59%62.30%+74 bps
Liquid Assets / Assets0.08%0.19%0.17%0.05%32.80%+3,272 bps
CRE / Total Capitaln/an/an/an/an/an/an/a