PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Merchants Trust Company, National Association

Muncie, IN · Cert 57573

FDIC

Q2 2010

$24.8MAssets
n/aLoans
n/aDeposits
$23.7MEquity

Executive Summary

  • Earnings: ROA of 6.48%, up 350 bps year over year; NIM at 0.20%.

Return on Assets (quarter, annualized)

6.48%+350 bps YoY

Net Interest Margin (quarter, annualized)

0.20%-1 bps YoY

Efficiency Ratio (quarter, annualized)

68.98%-1,347 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

0.21%Q2 ’080.21%Q2 ’090.20%Q2 ’10-2%-5%

Non-interest income vs. expense

26.44%Q2 ’0823.95%Q2 ’0923.82%Q2 ’10+47%-115%

Discrete quarter, annualized.

MetricQ3 2008Q4 2008Q1 2009Q2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets1.19%2.75%4.28%2.97%4.02%3.66%5.35%6.48%+350 bps
Return on Equity1.22%2.80%4.35%3.02%4.06%3.73%5.52%6.74%+372 bps
Net Interest Margin0.20%0.20%0.20%0.21%0.22%0.20%0.20%0.20%-1 bps
Efficiency Ratio92.94%84.59%79.29%82.45%78.25%79.68%74.21%68.98%-1,347 bps
Non-Interest Burden-2.05%-4.54%-7.08%-4.89%-6.54%-6.00%-8.56%-10.52%-563 bps
Growth
Asset Growth (YoY)1.03%-0.25%-3.41%-5.31%-3.54%0.12%-4.07%-0.36%+495 bps
Loan Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Deposit Growth (YoY)n/an/an/an/an/an/an/an/an/an/a
Asset Quality
Nonperforming Loans / Loansn/an/an/an/an/an/an/an/an/an/a
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital209%176.72%228%172.42%197.62%186.51%197.08%200%+2,758 bps
Equity / Assets98.12%98.67%98.00%99.12%98.84%97.36%96.51%95.67%-345 bps
Liquidity & Funding
Loans / Depositsn/an/an/an/an/an/an/an/an/an/a
Liquid Assets / Assets5.26%5.33%5.48%5.56%5.48%5.34%5.74%3.58%-198 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a