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 ’016.72%Q2 ’015.68%Q2 ’02+2%+1%

Non-interest income vs. expense

4.04%Q1 ’014.13%Q2 ’012.62%Q2 ’02+18%+4%

Executive Summary

  • Earnings: ROA of 0.83%, down 82 bps year over year; NIM at 3.50%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
  • Funding: loans stand at 105.17% of deposits as of Q2 2002.

Financial Results

Return on Assets (quarter, annualized)

0.83%-82 bps YoY

Net Interest Margin (quarter, annualized)

3.50%+4 bps YoY

Efficiency Ratio (quarter, annualized)

66.59%-869 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets1.65%1.42%0.83%0.36%0.83%-82 bps
Return on Equity12.52%10.74%6.00%2.74%6.83%-568 bps
Net Interest Margin3.46%3.32%3.40%1.34%3.50%+4 bps
Efficiency Ratio75.28%79.35%73.30%65.04%66.59%-869 bps
Non-Interest Burden2.10%2.44%2.22%0.81%2.19%+8 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 / Loans0.05%-0.02%0.08%0.00%0.02%-2 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