PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

International Bank

Trinidad, CO · Cert 57223

FDIC

Q1 2009

$77.8MAssets
$58.1MLoans
$70.0MDeposits
$7.6MEquity
Loan mix
55%RE $25.9M45%C&I $21.1M0%Consumer $0.0MQ1 2008Q1 2009
Deposit mix
81%Interest-bearing $56.9M19%Noninterest $13.1MQ1 2008Q1 2009

NIM

7.17%Q1 ’077.75%Q1 ’086.95%Q1 ’09+29%+1%

Non-interest income vs. expense

2.72%Q1 ’073.41%Q1 ’083.37%Q1 ’09+60%-9%

Executive Summary

  • Earnings: ROA of 1.79%, up 38 bps year over year; NIM at 5.35%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 83.00% of deposits as of Q1 2009.

Financial Results

Return on Assets (quarter, annualized)

1.79%+38 bps YoY

Net Interest Margin (quarter, annualized)

5.35%+6 bps YoY

Efficiency Ratio (quarter, annualized)

53.67%-310 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets1.41%1.84%1.73%1.66%1.79%+38 bps
Return on Equity17.78%22.55%19.73%17.60%18.76%+98 bps
Net Interest Margin5.28%5.32%5.69%5.40%5.35%+6 bps
Efficiency Ratio56.78%52.92%52.52%58.06%53.67%-310 bps
Non-Interest Burden2.69%2.29%2.55%2.79%2.44%-25 bps
Growth
Asset Growth (YoY)12.72%14.38%-1.27%1.42%2.53%-1,019 bps
Loan Growth (YoY)49.85%39.20%16.57%12.33%-3.29%-5,314 bps
Deposit Growth (YoY)8.45%13.45%-4.23%-2.76%4.07%-439 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.11%0.15%0.06%0.01%-2 bps
Allowance / Loans1.02%1.05%1.15%1.20%1.29%+27 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 Capital10.22%10.39%11.77%11.28%12.36%+213 bps
Equity / Assets8.13%8.21%9.40%9.42%9.71%+158 bps
Liquidity & Funding
Loans / Deposits89.31%84.47%87.92%90.04%83.00%-631 bps
Liquid Assets / Assets0.26%0.48%0.41%0.38%0.70%+44 bps
CRE / Total Capitaln/an/an/an/an/an/an/a