PackageTrendsPeer
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Southern Colorado National Bank

Pueblo, CO · Cert 57263

FDIC

Q3 2009

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: Q3 2009, the quarter ended September 30, 2009, 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

Southern Colorado National Bank

Pueblo, CO · Cert 57263

FDIC

Q3 2009

$37.1MAssets
$24.4MLoans
$29.6MDeposits
$780KEquity
Loan mix
80%RE $15.0M19%C&I $3.6M0%Consumer $0.1MQ3 2008Q3 2009
Deposit mix
89%Interest-bearing $26.2M11%Noninterest $3.4MQ3 2008Q3 2009

NIM

7.23%Q3 ’076.48%Q3 ’085.69%Q3 ’090%-38%

Non-interest income vs. expense

3.26%Q3 ’073.31%Q3 ’085.64%Q3 ’09+16%+86%

Executive Summary

  • Earnings: ROA of -6.60%, down 406 bps year over year; NIM at 2.34%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 7.36%.
  • Funding: loans stand at 82.35% of deposits as of Q3 2009.

Financial Results

Return on Assets (YTD, annualized)

-6.60%-406 bps YoY

Net Interest Margin (YTD, annualized)

2.34%-145 bps YoY

Efficiency Ratio (YTD, annualized)

241%+15,961 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009YoY ΔTrend
Earnings
Return on Assets-2.54%-2.39%-8.74%-5.99%-6.60%-406 bps
Return on Equity-29.75%-30.55%-181.65%-134.15%-164.85%-13,510 bps
Net Interest Margin3.79%3.02%2.25%2.23%2.34%-145 bps
Efficiency Ratio81.58%90.12%160.47%228%241%+15,961 bps
Non-Interest Burden3.04%2.71%3.56%4.98%5.64%+260 bps
Growth
Asset Growth (YoY)9.31%29.76%14.63%-8.41%-25.83%-3,514 bps
Loan Growth (YoY)16.77%4.76%-10.86%-24.50%-30.85%-4,762 bps
Deposit Growth (YoY)1.64%32.46%22.64%4.64%-17.17%-1,881 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.35%2.26%11.46%7.80%7.36%+601 bps
Allowance / Loans3.31%3.39%4.98%4.51%5.66%+235 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 Capital10.13%10.05%6.93%6.52%3.91%-622 bps
Equity / Assets6.66%5.50%4.03%3.56%2.10%-456 bps
Liquidity & Funding
Loans / Deposits98.64%74.85%67.96%76.79%82.35%-1,629 bps
Liquid Assets / Assets3.15%1.78%0.13%0.08%0.28%-287 bps
CRE / Total Capitaln/an/an/an/an/an/an/a