PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Brewster, The

Brewster, MN · Cert 5102

FDIC

Q1 2009

$21.5MAssets
$12.9MLoans
$17.3MDeposits
$3.8MEquity
Loan mix
91%RE $6.4M9%C&I $0.6M0%Consumer $0.0MQ1 2008Q1 2009
Deposit mix
75%Interest-bearing $12.9M25%Noninterest $4.4MQ1 2008Q1 2009

NIM

5.55%Q1 ’074.76%Q1 ’084.43%Q1 ’09-15%+16%

Non-interest income vs. expense

3.26%Q1 ’073.57%Q1 ’083.24%Q1 ’09+1%+3%

Executive Summary

  • Earnings: ROA of 0.28%, down 45 bps year over year; NIM at 3.44%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.09%.
  • Funding: loans stand at 74.27% of deposits as of Q1 2009.

Financial Results

Return on Assets (YTD, annualized)

0.28%-45 bps YoY

Net Interest Margin (YTD, annualized)

3.44%+46 bps YoY

Efficiency Ratio (YTD, annualized)

79.02%-1,033 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets0.73%0.38%0.36%0.42%0.28%-45 bps
Return on Equity4.45%2.27%2.13%2.48%1.59%-286 bps
Net Interest Margin2.98%3.14%3.19%3.27%3.44%+46 bps
Efficiency Ratio89.35%88.32%84.30%79.65%79.02%-1,033 bps
Non-Interest Burden2.79%2.94%2.84%2.73%2.87%+8 bps
Growth
Asset Growth (YoY)-1.00%-3.17%-8.37%-8.09%-1.45%-44 bps
Loan Growth (YoY)31.13%11.75%18.82%20.11%3.23%-2,790 bps
Deposit Growth (YoY)-1.58%-3.91%-11.67%-11.39%-3.73%-215 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.01%0.01%-0.09%-9 bps
Allowance / Loans1.48%1.64%1.52%1.33%1.45%-3 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 Capital18.90%20.60%19.28%18.30%18.45%-45 bps
Equity / Assets17.04%17.60%17.74%17.44%17.60%+56 bps
Liquidity & Funding
Loans / Deposits69.27%65.14%71.57%79.01%74.27%+501 bps
Liquid Assets / Assets0.63%0.13%10.46%12.39%11.76%+1,113 bps
CRE / Total Capitaln/an/an/an/an/an/an/a