PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Midway National Bank of St. Paul, The

Saint Paul, MN · Cert 5245

FDIC

Q2 2002

$417.0MAssets
$298.2MLoans
$283.6MDeposits
$53.1MEquity
Loan mix
55%RE $64.0M45%C&I $51.8M0%Consumer $0.4MQ2 2001Q2 2002
Deposit mix
80%Interest-bearing $228.2M20%Noninterest $55.4MQ2 2001Q2 2002

NIM

6.99%Q1 ’016.82%Q2 ’014.01%Q2 ’02+1%-29%

Non-interest income vs. expense

4.04%Q1 ’014.07%Q2 ’011.81%Q2 ’02+9%-22%

Executive Summary

  • Earnings: ROA of 0.61%, down 70 bps year over year; NIM at 2.43%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 105.17% of deposits as of Q2 2002.

Financial Results

Return on Assets (YTD, annualized)

0.61%-70 bps YoY

Net Interest Margin (YTD, annualized)

2.43%-98 bps YoY

Efficiency Ratio (YTD, annualized)

66.16%-722 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets1.31%1.34%1.22%0.36%0.61%-70 bps
Return on Equityn/an/an/a2.74%4.69%n/a
Net Interest Margin3.41%3.30%3.41%1.34%2.43%-98 bps
Efficiency Ratio73.37%75.07%74.68%65.04%66.16%-722 bps
Non-Interest Burden1.93%2.06%2.15%0.81%1.51%-43 bps
Growth
Asset Growth (YoY)7.71%8.63%-4.74%6.23%-1.16%-887 bps
Loan Growth (YoY)6.30%1.36%-1.65%8.54%8.22%+192 bps
Deposit Growth (YoY)0.38%-4.06%-9.01%-0.70%-8.69%-907 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.00%0.02%0.00%0.01%0 bps
Allowance / Loans1.00%1.02%1.01%1.29%1.24%+24 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 Capital17.47%18.11%18.80%17.08%17.14%-33 bps
Equity / Assets13.28%13.19%14.46%11.70%12.74%-54 bps
Liquidity & Funding
Loans / Deposits88.74%88.57%90.16%94.61%105.17%+1,644 bps
Liquid Assets / Assets0.04%0.01%0.00%0.00%0.00%-4 bps
CRE / Total Capitaln/an/an/an/an/an/an/a