Glasgow, KY · Cert 57028
FDIC
Q4 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2004, the quarter ended December 31, 2004, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Glasgow, KY · Cert 57028
FDIC
Q4 2004
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.49% | -0.73% | 0.95% | 0.79% | -0.10% | -0.04% | -0.04% | -0.01% | -80 bps | |
| Return on Equity | -4.28% | -6.81% | 9.15% | 7.69% | -1.09% | -0.45% | -0.43% | -0.15% | -784 bps | |
| Net Interest Margin | 3.08% | 2.83% | 2.71% | 2.68% | 2.70% | 2.43% | 2.48% | 2.89% | +21 bps | |
| Efficiency Ratio | 93.33% | 84.97% | 83.47% | 83.09% | 94.25% | 95.40% | 94.76% | 94.26% | +1,117 bps | |
| Non-Interest Burden | 2.84% | 2.34% | 2.18% | 2.15% | 2.52% | 2.29% | 2.32% | 2.69% | +54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 84.42% | 63.77% | 47.49% | 38.24% | 26.58% | 13.21% | 1.06% | -9.38% | -4,761 bps | |
| Loan Growth (YoY) | 106.63% | 96.86% | 64.19% | 56.24% | 17.66% | -2.87% | -8.81% | -15.68% | -7,192 bps | |
| Deposit Growth (YoY) | 105.98% | 71.00% | 46.84% | 35.99% | 23.57% | 11.71% | -2.12% | -12.06% | -4,806 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.01% | 0.05% | 0.09% | 1.00% | 0.52% | 0.39% | 0.31% | +21 bps | |
| Allowance / Loans | 1.03% | 1.38% | 1.79% | 1.78% | 1.68% | 1.80% | 1.86% | 2.02% | +24 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 14.54% | 12.82% | 12.10% | 12.15% | 12.49% | 12.88% | 13.32% | 14.18% | +203 bps | |
| Equity / Assets | 10.66% | 9.40% | 9.77% | 9.56% | 9.16% | 8.99% | 9.75% | 10.54% | +99 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 91.41% | 96.01% | 97.96% | 96.75% | 87.03% | 83.48% | 91.27% | 92.76% | -398 bps | |
| Liquid Assets / Assets | 2.13% | 1.57% | 1.37% | 1.27% | 0.99% | 1.03% | 0.05% | 0.05% | -123 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |