PackageTrendsPeer
Letter portraitLegal landscape

World's Foremost Bank, National Association

Sidney, NE · Cert 57079

FDIC · 1 branch

Q2 2017

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 2017, the quarter ended June 30, 2017, 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

World's Foremost Bank, National Association

Sidney, NE · Cert 57079

FDIC · 1 branch

Q2 2017

$5.7BAssets
$5.6BLoans
$1.1BDeposits
$652.9MEquity
Deposit mix
99%Interest-bearing $1.1B1%Noninterest $0.0BQ2 2016Q2 2017

NIM

9.79%Q2 ’1510.55%Q2 ’1611.77%Q2 ’17+8%+10%

Non-interest income vs. expense

11.17%Q2 ’1510.34%Q2 ’169.73%Q2 ’17-7%-4%

Executive Summary

  • Earnings: ROA of 2.90%, up 27 bps year over year; NIM at 9.90%.
  • Asset quality: problem loans at 0.43% of loans (+43 bps YoY), with net charge-offs at 2.66%.
  • Capital: tier 1 leverage ratio of 11.41%, up 85 bps from a year ago.
  • Funding: loans stand at 503.20% of deposits as of Q2 2017.

Financial Results

Return on Assets (YTD, annualized)

2.90%+27 bps YoY

Net Interest Margin (YTD, annualized)

9.90%+88 bps YoY

Efficiency Ratio (YTD, annualized)

57.43%-498 bps YoY

Tier 1 Leverage Ratio

11.41%+85 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2016Q3 2016Q4 2016Q1 2017Q2 2017YoY ΔTrend
Earnings
Return on Assets2.63%2.46%2.31%3.05%2.90%+27 bps
Return on Equity25.99%24.16%22.57%28.24%26.29%+31 bps
Net Interest Margin9.01%8.69%9.01%9.52%9.90%+88 bps
Efficiency Ratio62.41%62.17%62.25%57.31%57.43%-498 bps
Non-Interest Burden2.79%2.70%2.85%2.67%2.68%-10 bps
Growth
Asset Growth (YoY)21.99%19.46%9.58%10.02%0.44%-2,156 bps
Loan Growth (YoY)15.76%14.03%11.54%9.62%7.85%-791 bps
Deposit Growth (YoY)44.31%32.29%32.49%41.28%-8.06%-5,237 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.50%0.43%+43 bps
Net Charge-Offs / Loans1.82%1.81%1.83%2.79%2.66%+83 bps
Allowance / Loans1.62%1.92%2.06%2.09%2.16%+54 bps
Allowance Coverage of NPLsn/an/an/a4.2x5.0xn/a
Capital
Tier 1 Leverage Ratio10.56%10.38%10.97%10.55%11.41%+85 bps
Total Risk-Based Capital11.81%12.12%11.91%12.56%12.84%+103 bps
Equity / Assets9.95%10.34%10.52%11.10%11.50%+155 bps
Liquidity & Funding
Loans / Deposits429%449%487%433%503%+7,427 bps
Liquid Assets / Assets7.15%6.14%0.88%0.90%0.96%-619 bps
CRE / Total Capitaln/an/an/an/an/an/an/a