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First National Bank of Valentine, The

Valentine, NE · Cert 5485

FDIC

Q4 2009

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2009, the quarter ended December 31, 2009, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First National Bank of Valentine, The

Valentine, NE · Cert 5485

FDIC

Q4 2009

$97.6MAssets
$42.7MLoans
$84.4MDeposits
$8.8MEquity
Loan mix
78%RE $17.7M21%C&I $4.9M1%Consumer $0.2MQ4 2008Q4 2009
Deposit mix
90%Interest-bearing $75.9M10%Noninterest $8.5MQ4 2008Q4 2009

NIM

4.82%Q4 ’075.02%Q4 ’084.77%Q4 ’09-9%+19%

Non-interest income vs. expense

1.35%Q4 ’072.20%Q4 ’084.64%Q4 ’09+97%+127%

Executive Summary

  • Earnings: ROA of -2.18%, down 113 bps year over year; NIM at 1.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.61%.
  • Funding: loans stand at 50.57% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.18%-113 bps YoY

Net Interest Margin (YTD, annualized)

1.47%+24 bps YoY

Efficiency Ratio (YTD, annualized)

299%+16,588 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-1.05%0.06%1-2.36%-1.91%-2.18%-113 bps
Return on Equity-13.30%0.78%-28.22%-22.18%-25.18%-1,187 bps
Net Interest Margin1.23%1.16%1.42%1.50%1.47%+24 bps
Efficiency Ratio133.47%145.48%434%341%299%+16,588 bps
Non-Interest Burden2.00%1.70%6.08%5.24%4.56%+255 bps
Growth
Asset Growth (YoY)-6.85%-15.36%-33.67%-32.81%-34.24%-2,739 bps
Loan Growth (YoY)-20.80%-20.70%-28.69%-30.99%-29.38%-859 bps
Deposit Growth (YoY)-8.37%-17.22%-17.79%-17.55%-18.28%-991 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.28%-0.01%0.60%0.78%0.61%-167 bps
Allowance / Loans1.36%1.43%1.54%1.73%1.86%+49 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 Capital12.82%13.73%13.53%14.01%14.79%+198 bps
Equity / Assets7.71%8.35%9.29%9.47%9.02%+131 bps
Liquidity & Funding
Loans / Deposits58.53%62.59%56.55%51.40%50.57%-795 bps
Liquid Assets / Assets2.94%15.86%12.96%15.25%18.02%+1,508 bps
CRE / Total Capitaln/an/an/an/an/an/an/a