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Letter portraitLegal landscapeQuarterYTD

Albion National Bank, The

Albion, NE · Cert 5372

FDIC

Q3 2005

$71.2MAssets
$39.1MLoans
$61.2MDeposits
$6.3MEquity
Loan mix
66%RE $9.8M34%C&I $5.0M0%Consumer $0.0MQ3 2004Q3 2005
Deposit mix
91%Interest-bearing $55.9M9%Noninterest $5.3MQ3 2004Q3 2005

NIM

5.38%Q3 ’035.14%Q3 ’045.30%Q3 ’05+2%-14%

Non-interest income vs. expense

2.41%Q3 ’032.57%Q3 ’042.21%Q3 ’05+6%-19%

Executive Summary

  • Earnings: ROA of 1.10%, down 14 bps year over year; NIM at 2.99%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 63.96% of deposits as of Q3 2005.

Financial Results

Return on Assets (quarter, annualized)

1.10%-14 bps YoY

Net Interest Margin (quarter, annualized)

2.99%-50 bps YoY

Efficiency Ratio (quarter, annualized)

60.82%-124 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets1.24%1.24%0.95%0.97%1.10%-14 bps
Return on Equity12.70%13.01%10.41%10.84%12.28%-41 bps
Net Interest Margin3.49%3.37%2.99%2.96%2.99%-50 bps
Efficiency Ratio62.05%60.37%66.72%63.87%60.82%-124 bps
Non-Interest Burden1.92%1.78%1.80%1.72%1.56%-36 bps
Growth
Asset Growth (YoY)1.04%2.08%14.36%15.29%11.70%+1,066 bps
Loan Growth (YoY)5.21%4.79%3.10%8.49%6.24%+102 bps
Deposit Growth (YoY)0.01%1.54%17.29%18.64%15.61%+1,560 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%0.04%0.15%-0.16%-0.01%0 bps
Allowance / Loans1.51%1.55%1.67%1.60%1.46%-5 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 Capital15.89%16.51%17.09%16.53%15.49%-40 bps
Equity / Assets9.66%9.35%8.85%9.08%8.81%-85 bps
Liquidity & Funding
Loans / Deposits69.60%60.13%53.01%56.94%63.96%-564 bps
Liquid Assets / Assets18.26%16.21%16.09%16.28%15.71%-255 bps
CRE / Total Capitaln/an/an/an/an/an/an/a