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Advantage Bank

Loveland, CO · Cert 57072

FDIC · 3 branches

Q2 2019

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: Q2 2019, the quarter ended June 30, 2019, 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

Advantage Bank

Loveland, CO · Cert 57072

FDIC · 3 branches

Q2 2019

$309.9MAssets
$258.4MLoans
$255.5MDeposits
$41.8MEquity
Loan mix
85%RE $186.1M15%C&I $33.0M0%Consumer $0.5MQ2 2018Q2 2019
Deposit mix
77%Interest-bearing $196.6M23%Noninterest $58.8MQ2 2018Q2 2019

NIM

5.04%Q2 ’175.41%Q2 ’185.77%Q2 ’19+6%+1%

Non-interest income vs. expense

2.40%Q2 ’172.41%Q2 ’182.19%Q2 ’19+78%-13%

Market Position · Fort Collins, CO · 2019 SOD (annual) · 1.7% share · #13 of 25 inst. · $0.1B of $8.0B

1.7% Larimer
2.7% Weld

Executive Summary

  • Earnings: ROA of 2.14%, up 9 bps year over year; NIM at 4.79%.
  • Asset quality: problem loans at 0.48% of loans (+36 bps YoY), with net recoveries of 0.17%.
  • Capital: tier 1 leverage ratio of 13.22%, up 231 bps from a year ago.
  • Funding: loans stand at 101.15% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

2.14%+9 bps YoY

Net Interest Margin (YTD, annualized)

4.79%+7 bps YoY

Efficiency Ratio (YTD, annualized)

43.73%-597 bps YoY

Tier 1 Leverage Ratio

13.22%+231 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets2.05%2.05%2.01%1.96%2.14%+9 bps
Return on Equity19.19%18.70%17.90%15.46%16.54%-266 bps
Net Interest Margin4.73%4.76%4.70%4.66%4.79%+7 bps
Efficiency Ratio49.70%48.92%48.96%48.92%43.73%-597 bps
Non-Interest Burden2.34%2.26%2.18%2.25%2.04%-30 bps
Growth
Asset Growth (YoY)7.02%3.99%3.33%0.29%-0.70%-772 bps
Loan Growth (YoY)7.50%4.38%4.77%3.03%0.87%-663 bps
Deposit Growth (YoY)1.48%1.24%3.07%-1.90%1.45%-3 bps
Asset Quality
Nonperforming Loans / Loans0.12%0.12%0.12%0.28%0.48%+36 bps
Net Charge-Offs / Loans0.00%0.00%0.00%-0.34%-0.17%-17 bps
Allowance / Loans0.84%0.83%0.83%0.82%0.83%-1 bps
Allowance Coverage of NPLs6.9x6.9x7.1x2.9x1.7x-5.1x
Capital
Tier 1 Leverage Ratio10.91%11.63%11.96%12.63%13.22%+231 bps
Total Risk-Based Capital14.64%15.33%15.94%16.60%17.26%+262 bps
Equity / Assets11.08%11.78%12.36%13.01%13.50%+242 bps
Liquidity & Funding
Loans / Deposits101.74%102.97%102.97%106.29%101.15%-58 bps
Liquid Assets / Assets7.86%7.88%9.51%8.02%9.63%+177 bps
CRE / Total Capitaln/an/an/an/an/an/an/a