PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First State Bank of Nebraska

Nebraska City, NE · Cert 57042

FDIC

Q3 2002

$4.1MAssets
$1.7MLoans
$2.2MDeposits
$1.9MEquity
Deposit mix
91%Interest-bearing $2.0M9%Noninterest $0.2MQ3 2001Q3 2002

NIM

8.75%Q1 ’017.56%Q3 ’017.25%Q3 ’02-20%+12%

Non-interest income vs. expense

6.10%Q1 ’015.23%Q3 ’016.83%Q3 ’02-15%+28%

Executive Summary

  • Earnings: ROA of -0.78%, up 116 bps year over year; NIM at 5.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 80.02% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

-0.78%+116 bps YoY

Net Interest Margin (YTD, annualized)

5.46%+58 bps YoY

Efficiency Ratio (YTD, annualized)

121.51%+1,502 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets-1.94%-2.27%-2.34%-1.25%-0.78%+116 bps
Return on Equityn/an/a-5.34%-2.88%-1.78%n/a
Net Interest Margin4.88%4.70%5.38%5.66%5.46%+58 bps
Efficiency Ratio106.49%111.00%143.86%122.31%121.51%+1,502 bps
Non-Interest Burden5.20%5.22%7.78%6.94%6.67%+147 bps
Growth
Asset Growth (YoY)n/a66.59%1.10%7.32%-4.36%n/a
Loan Growth (YoY)n/a53.96%-17.86%-0.57%-37.72%n/a
Deposit Growth (YoY)n/a258%-1.60%-6.46%-6.56%n/a
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.78%3.53%0.00%0.00%0.00%-178 bps
Allowance / Loans1.01%0.94%1.04%0.89%1.63%+61 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 Capital63.18%57.86%71.94%63.57%88.83%+2,565 bps
Equity / Assets45.30%41.88%46.08%41.88%45.91%+61 bps
Liquidity & Funding
Loans / Deposits120.06%114.17%136.69%151.25%80.02%-4,004 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a