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Rockford Bank and Trust Company

Rockford, IL · Cert 57927

FDIC · 2 branches

Q3 2019

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 2019, the quarter ended September 30, 2019, 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

Rockford Bank and Trust Company

Rockford, IL · Cert 57927

FDIC · 2 branches

Q3 2019

$519.5MAssets
$418.9MLoans
$451.5MDeposits
$46.2MEquity
Loan mix
60%RE $189.3M38%C&I $120.1M1%Consumer $4.6MQ3 2018Q3 2019
Deposit mix
84%Interest-bearing $381.2M16%Noninterest $70.3MQ3 2018Q3 2019

NIM

3.51%Q3 ’173.87%Q3 ’184.11%Q3 ’19-1%-6%

Non-interest income vs. expense

2.46%Q3 ’172.51%Q3 ’182.63%Q3 ’19+7%+10%

Market Position · Rockford, IL · 2019 SOD (annual) · 7.1% share · #7 of 25 inst. · $0.5B of $6.4B

Executive Summary

  • Earnings: ROA of 0.43%, up 69 bps year over year; NIM at 2.67%.
  • Asset quality: problem loans at 1.07% of loans (-113 bps YoY), with net charge-offs at 0.32%.
  • Capital: tier 1 leverage ratio of 9.09%, up 89 bps from a year ago.
  • Funding: loans stand at 92.78% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

0.43%+69 bps YoY

Net Interest Margin (YTD, annualized)

2.67%-16 bps YoY

Efficiency Ratio (YTD, annualized)

81.04%+904 bps YoY

Tier 1 Leverage Ratio

9.09%+89 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets-0.26%0.15%0.46%0.55%0.43%+69 bps
Return on Equity-3.09%1.74%5.29%6.29%4.95%+803 bps
Net Interest Margin2.83%2.72%2.67%2.66%2.67%-16 bps
Efficiency Ratio72.00%69.86%83.13%79.59%81.04%+904 bps
Non-Interest Burden1.86%1.73%2.14%2.01%2.05%+19 bps
Growth
Asset Growth (YoY)8.75%10.42%9.60%8.09%7.30%-146 bps
Loan Growth (YoY)10.47%10.76%6.79%9.46%6.80%-367 bps
Deposit Growth (YoY)11.87%12.85%14.32%20.44%12.44%+56 bps
Asset Quality
Nonperforming Loans / Loans2.19%0.87%0.70%1.10%1.07%-113 bps
Net Charge-Offs / Loans0.05%0.79%-0.08%0.45%0.32%+27 bps
Allowance / Loans2.71%1.72%1.74%1.43%1.55%-116 bps
Allowance Coverage of NPLs1.2x2.0x2.5x1.3x1.4x+0.2x
Capital
Tier 1 Leverage Ratio8.20%8.93%8.84%9.04%9.09%+89 bps
Total Risk-Based Capital10.19%10.89%10.93%10.68%10.74%+56 bps
Equity / Assets7.99%8.63%8.73%8.76%8.89%+90 bps
Liquidity & Funding
Loans / Deposits97.68%93.69%93.24%93.40%92.78%-490 bps
Liquid Assets / Assets9.65%9.07%10.97%8.62%8.76%-88 bps
CRE / Total Capitaln/an/an/an/an/an/an/a