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Ames Community Bank

Ames, IA · Cert 57115

FDIC

Q4 2008

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 2008, the quarter ended December 31, 2008, 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

Ames Community Bank

Ames, IA · Cert 57115

FDIC

Q4 2008

$184.8MAssets
$157.5MLoans
$144.1MDeposits
$16.4MEquity
Loan mix
87%RE $103.4M13%C&I $15.0M0%Consumer $0.1MQ4 2007Q4 2008
Deposit mix
93%Interest-bearing $133.3M7%Noninterest $10.8MQ4 2007Q4 2008

NIM

6.00%Q4 ’066.57%Q4 ’075.91%Q4 ’08+3%+6%

Non-interest income vs. expense

2.09%Q4 ’062.25%Q4 ’072.76%Q4 ’08+2%+29%

Executive Summary

  • Earnings: ROA of 0.30%, down 5 bps year over year; NIM at 2.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.01%.
  • Funding: loans stand at 109.30% of deposits as of Q4 2008.

Financial Results

Return on Assets (YTD, annualized)

0.30%-5 bps YoY

Net Interest Margin (YTD, annualized)

2.83%+16 bps YoY

Efficiency Ratio (YTD, annualized)

81.61%+1,161 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2007Q1 2008Q2 2008Q3 2008Q4 2008YoY ΔTrend
Earnings
Return on Assets0.35%0.39%0.54%0.40%0.30%-5 bps
Return on Equity4.27%4.56%6.26%4.53%3.37%-90 bps
Net Interest Margin2.67%2.62%2.78%2.93%2.83%+16 bps
Efficiency Ratio69.99%84.05%78.64%80.18%81.61%+1,161 bps
Non-Interest Burden1.71%2.12%2.05%2.23%2.21%+50 bps
Growth
Asset Growth (YoY)-4.79%0.82%-4.43%-2.33%-1.46%+332 bps
Loan Growth (YoY)5.31%0.33%-2.84%-5.40%-5.46%-1,076 bps
Deposit Growth (YoY)-12.01%5.62%-2.94%9.11%5.69%+1,770 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%3.12%1.75%1.22%1.01%+98 bps
Allowance / Loans1.93%1.24%1.26%1.38%1.42%-50 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 Capital10.23%10.56%10.89%11.02%11.04%+80 bps
Equity / Assets8.38%8.71%9.06%8.90%8.85%+48 bps
Liquidity & Funding
Loans / Deposits122.19%113.87%120.43%112.57%109.30%-1,289 bps
Liquid Assets / Assets0.00%0.00%0.00%0.13%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a