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First National Bank of Marquette

Marquette, NE · Cert 5436

FDIC

Q1 2014

$30.1MAssets
$12.4MLoans
$24.2MDeposits
$5.8MEquity
Loan mix
71%RE $6.2M11%C&I $0.9M18%Consumer $1.5MQ1 2013Q1 2014
Deposit mix
83%Interest-bearing $20.2M17%Noninterest $4.0MQ1 2013Q1 2014

NIM

3.69%Q1 ’123.15%Q1 ’132.94%Q1 ’14-15%-3%

Non-interest income vs. expense

2.13%Q1 ’121.74%Q1 ’132.16%Q1 ’14-14%+20%

Executive Summary

  • Earnings: ROA of -1.37%, down 291 bps year over year; NIM at 2.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.16%.
  • Funding: loans stand at 51.16% of deposits as of Q1 2014.

Financial Results

Return on Assets (quarter, annualized)

-1.37%-291 bps YoY

Net Interest Margin (quarter, annualized)

2.54%-8 bps YoY

Efficiency Ratio (quarter, annualized)

74.45%+1,358 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets1.54%10.85%0.87%0.28%-1.37%-291 bps
Return on Equity7.97%4.49%4.61%1.49%-7.15%-1,512 bps
Net Interest Margin2.62%2.72%2.69%2.89%2.54%-8 bps
Efficiency Ratio60.87%63.22%59.53%65.53%74.45%+1,358 bps
Non-Interest Burden1.49%1.63%1.50%1.69%1.79%+30 bps
Growth
Asset Growth (YoY)8.76%6.81%3.29%-4.27%-15.67%-2,443 bps
Loan Growth (YoY)6.49%6.07%0.10%-14.81%-21.93%-2,842 bps
Deposit Growth (YoY)10.45%9.54%8.85%-3.44%-14.54%-2,498 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.10%0.00%-0.10%-0.03%-0.16%-6 bps
Allowance / Loans2.04%2.05%2.09%2.28%2.70%+66 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 Capital30.28%31.17%31.57%35.31%39.44%+916 bps
Equity / Assets19.06%18.83%19.04%18.97%19.31%+25 bps
Liquidity & Funding
Loans / Deposits56.00%56.87%56.57%54.75%51.16%-485 bps
Liquid Assets / Assets3.48%3.56%2.85%3.00%2.47%-101 bps
CRE / Total Capitaln/an/an/an/an/an/an/a