PackageTrendsPeer
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Americana National Bank

Albert Lea, MN · Cert 5174

FDIC

Q3 2004

$80.8MAssets
$39.6MLoans
$69.5MDeposits
$5.9MEquity
Loan mix
51%RE $10.9M48%C&I $10.2M1%Consumer $0.3MQ3 2003Q3 2004
Deposit mix
57%Interest-bearing $39.3M43%Noninterest $30.2MQ3 2003Q3 2004

NIM

5.46%Q3 ’025.04%Q3 ’030.93%Q3 ’04+1%-81%

Non-interest income vs. expense

7.49%Q3 ’028.86%Q3 ’031.51%Q3 ’04+59%-90%

Executive Summary

  • Earnings: ROA of 0.19%, up 80 bps year over year; NIM at 0.69%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.44%.
  • Funding: loans stand at 56.95% of deposits as of Q3 2004.

Financial Results

Return on Assets (YTD, annualized)

0.19%+80 bps YoY

Net Interest Margin (YTD, annualized)

0.69%-303 bps YoY

Efficiency Ratio (YTD, annualized)

81.14%-1,668 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2003Q4 2003Q1 2004Q2 2004Q3 2004YoY ΔTrend
Earnings
Return on Assets-0.61%-0.83%-0.14%-0.42%0.19%+80 bps
Return on Equity-8.00%-11.12%-2.06%-5.83%2.60%+1,060 bps
Net Interest Margin3.73%3.49%3.09%3.20%0.69%-303 bps
Efficiency Ratio97.81%97.70%93.32%99.18%81.14%-1,668 bps
Non-Interest Burden4.26%4.42%3.24%3.95%0.41%-385 bps
Growth
Asset Growth (YoY)6.33%-3.49%0.76%-12.46%-19.10%-2,543 bps
Loan Growth (YoY)-7.68%-9.77%-14.17%-25.88%-27.27%-1,959 bps
Deposit Growth (YoY)11.36%-1.40%3.54%-9.49%-18.72%-3,008 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.90%0.72%1.05%0.59%0.44%-45 bps
Allowance / Loans1.24%1.31%1.23%1.53%2.27%+103 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 Capital9.70%9.72%9.93%10.96%10.86%+116 bps
Equity / Assets6.99%6.77%7.19%7.89%7.34%+35 bps
Liquidity & Funding
Loans / Deposits63.65%61.39%61.84%60.90%56.95%-669 bps
Liquid Assets / Assets0.09%0.10%0.10%0.12%0.12%+3 bps
CRE / Total Capitaln/an/an/an/an/an/an/a