PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Amfirst Bank, National Association

McCook, NE · Cert 5417

FDIC · 5 branches

Q2 2017

$265.8MAssets
$192.0MLoans
$222.7MDeposits
$24.2MEquity
Loan mix
74%RE $99.9M14%C&I $19.5M11%Consumer $15.2MQ3 2015Q2 2017
Deposit mix
78%Interest-bearing $173.5M22%Noninterest $49.2MQ3 2015Q2 2017

Market Position · Denver-Aurora-Lakewood, CO · 2017 SOD (annual) · 0.1% share · #50 of 71 inst. · $0.0B of $80.7B

86.4% Dundy
11.5% Red Willow
0.3% Arapahoe
100.0% Hayes

Executive Summary

  • Earnings: ROA of 0.18%, down 54 bps year over year; NIM at 3.52%.
  • Asset quality: problem loans at 0.31% of loans (+31 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 8.86%, down 95 bps from a year ago.
  • Funding: loans stand at 86.23% of deposits as of Q2 2017.

Return on Assets (YTD, annualized)

0.18%-54 bps YoY

Net Interest Margin (YTD, annualized)

3.52%-20 bps YoY

Efficiency Ratio (YTD, annualized)

90.85%+1,367 bps YoY

Tier 1 Leverage Ratio

8.86%-95 bps YoY

NIM

4.08%Q2 ’154.24%Q2 ’164.12%Q2 ’17+4%-5%

Non-interest income vs. expense

2.94%Q2 ’153.11%Q2 ’163.49%Q2 ’17+6%+13%

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets0.80%0.82%0.72%0.72%0.79%0.90%0.97%0.18%-54 bps
Return on Equity8.32%8.48%7.12%7.08%7.78%8.86%9.86%1.86%-522 bps
Net Interest Margin3.63%3.62%3.76%3.72%3.79%3.77%3.53%3.52%-20 bps
Efficiency Ratio75.12%74.81%77.29%77.18%75.75%73.85%74.30%90.85%+1,367 bps
Non-Interest Burden2.65%2.61%2.83%2.79%2.79%2.69%2.53%3.16%+37 bps
Growth
Asset Growth (YoY)3.53%-0.78%-5.85%-3.21%-1.50%-0.26%5.99%4.91%+812 bps
Loan Growth (YoY)0.88%-3.68%-3.24%2.76%7.06%0.17%1.87%1.00%-176 bps
Deposit Growth (YoY)3.93%5.65%-7.28%-4.53%-3.28%-1.81%5.08%4.57%+910 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.70%0.31%+31 bps
Net Charge-Offs / Loans0.20%0.16%0.01%0.52%0.34%0.28%0.03%0.09%-43 bps
Allowance / Loans1.57%1.53%1.67%1.44%1.44%1.45%1.49%1.55%+11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/a2.1x5.0xn/a
Capital
Tier 1 Leverage Ratio9.51%9.50%9.84%9.81%9.98%9.94%9.91%8.86%-95 bps
Total Risk-Based Capital13.11%12.90%13.22%13.13%12.74%12.83%13.49%12.41%-72 bps
Equity / Assets9.80%9.78%10.38%10.29%10.30%9.80%9.87%9.10%-118 bps
Liquidity & Funding
Loans / Deposits84.13%88.80%88.77%89.28%93.12%90.60%86.07%86.23%-305 bps
Liquid Assets / Assets0.92%0.18%0.40%2.02%0.04%3.13%8.23%6.82%+480 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a