Princeton, IA · Cert 5823
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Princeton, IA · Cert 5823
FDIC
Q1 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.47% | 0.42% | -0.96% | 0.58% | 0.41% | 0.20% | 0.00% | -0.21% | -79 bps | |
| Return on Equity | 5.01% | 4.53% | -10.80% | 7.14% | 5.07% | 2.46% | -0.04% | -2.31% | -945 bps | |
| Net Interest Margin | 3.78% | 3.66% | 3.56% | 3.57% | 3.46% | 3.60% | 3.52% | 3.12% | -45 bps | |
| Efficiency Ratio | 81.63% | 84.00% | 84.51% | 84.76% | 89.33% | 94.46% | 103.96% | 107.99% | +2,323 bps | |
| Non-Interest Burden | 3.01% | 3.00% | 2.94% | 2.96% | 3.04% | 3.38% | 3.67% | 3.41% | +45 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 0.43% | 9.69% | 4.61% | 2.38% | -2.92% | -12.89% | -7.42% | -10.86% | -1,324 bps | |
| Loan Growth (YoY) | -3.00% | -0.16% | -8.29% | -11.18% | -18.62% | -18.27% | -16.83% | -20.21% | -903 bps | |
| Deposit Growth (YoY) | 5.43% | 4.84% | 5.77% | 7.08% | 0.09% | -5.59% | -6.73% | -6.41% | -1,349 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.69% | 0.58% | 2.44% | 0.39% | 0.41% | 0.29% | 0.25% | 3.49% | +310 bps | |
| Allowance / Loans | 0.99% | 1.01% | 1.50% | 1.52% | 1.58% | 1.59% | 1.67% | 1.61% | +9 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.98% | 12.82% | 12.06% | 12.25% | 13.26% | 13.60% | 12.68% | 12.91% | +66 bps | |
| Equity / Assets | 8.90% | 8.84% | 8.00% | 8.29% | 8.06% | 8.90% | 8.78% | 9.53% | +124 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.31% | 84.47% | 73.58% | 74.68% | 67.74% | 73.13% | 65.62% | 63.67% | -1,101 bps | |
| Liquid Assets / Assets | 0.25% | 0.24% | 0.88% | 0.26% | 0.73% | 0.54% | 0.32% | 0.31% | +5 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |