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Stockton National Bank, The

Stockton, KS · Cert 4777

FDIC · 5 branches

Q2 2016

$173.0MAssets
$128.1MLoans
$131.5MDeposits
$18.6MEquity
Loan mix
79%RE $62.6M16%C&I $12.8M5%Consumer $3.6MQ2 2015Q2 2016
Deposit mix
83%Interest-bearing $109.7M17%Noninterest $21.8MQ2 2015Q2 2016

NIM

3.64%Q2 ’143.57%Q2 ’154.03%Q2 ’16+0%+13%

Non-interest income vs. expense

2.73%Q2 ’142.71%Q2 ’152.85%Q2 ’16-5%+6%

Executive Summary

  • Earnings: ROA of 0.98%, up 21 bps year over year; NIM at 3.73%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.23%.
  • Capital: tier 1 leverage ratio of 10.47%, up 15 bps from a year ago.
  • Funding: loans stand at 97.46% of deposits as of Q2 2016.

Financial Results

Return on Assets (quarter, annualized)

0.98%+21 bps YoY

Net Interest Margin (quarter, annualized)

3.73%+43 bps YoY

Efficiency Ratio (quarter, annualized)

69.46%-443 bps YoY

Tier 1 Leverage Ratio

10.47%+15 bps YoY

Discrete quarter, annualized.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.77%0.84%0.99%0.75%0.98%+21 bps
Return on Equity7.33%8.09%9.42%6.99%9.09%+176 bps
Net Interest Margin3.30%3.30%3.45%3.34%3.73%+43 bps
Efficiency Ratio73.88%73.19%70.02%75.51%69.46%-443 bps
Non-Interest Burden2.33%2.29%2.27%2.41%2.46%+13 bps
Growth
Asset Growth (YoY)55.00%5.91%3.91%0.57%-0.06%-5,506 bps
Loan Growth (YoY)52.47%9.91%9.07%12.52%19.79%-3,268 bps
Deposit Growth (YoY)46.36%-2.73%-2.30%-6.88%-3.69%-5,005 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%-0.37%-0.01%-0.04%-0.23%-23 bps
Allowance / Loans1.59%1.64%1.67%1.75%1.67%+8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.32%10.00%10.07%10.20%10.47%+15 bps
Total Risk-Based Capital13.80%13.12%13.09%13.53%12.77%-103 bps
Equity / Assets10.31%10.36%10.58%10.84%10.73%+42 bps
Liquidity & Funding
Loans / Deposits78.36%84.19%85.63%86.14%97.46%+1,910 bps
Liquid Assets / Assets8.35%6.79%7.09%7.13%6.97%-138 bps
CRE / Total Capitaln/an/an/an/an/an/an/a