Driggs, ID · Cert 58361
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 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.
Driggs, ID · Cert 58361
FDIC
Q2 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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -1.06% | -0.94% | 0.64% | 1.20% | 0.84% | 1.00% | 0.07% | -0.13% | -133 bps | |
| Return on Equity | n/a | n/a | 1.98% | 3.94% | 2.91% | 3.55% | 0.26% | -0.51% | -445 bps | |
| Net Interest Margin | 1.93% | 1.08% | 4.46% | 4.24% | 4.19% | 4.33% | 4.19% | 3.93% | -32 bps | |
| Efficiency Ratio | 1300% | 170.07% | 78.88% | 70.53% | 66.24% | 66.70% | 84.14% | 88.19% | +1,766 bps | |
| Non-Interest Burden | 25.12% | 1.85% | 3.42% | 2.84% | 2.58% | 2.69% | 3.41% | 3.38% | +54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | n/a | n/a | n/a | n/a | 273% | 43.19% | 27.55% | 25.22% | n/a | |
| Loan Growth (YoY) | n/a | n/a | n/a | n/a | 810% | 41.18% | 16.33% | 11.17% | n/a | |
| Deposit Growth (YoY) | n/a | n/a | n/a | n/a | 2981% | 65.26% | 27.32% | 44.34% | n/a | |
| 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 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.18% | 0.37% | 0.37% | 0.44% | 1.03% | 1.18% | 1.24% | 1.39% | +94 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 | 207% | 42.32% | 33.40% | 30.41% | 25.16% | 27.01% | 25.87% | 26.03% | -437 bps | |
| Equity / Assets | 90.93% | 35.60% | 29.42% | 27.81% | 24.51% | 25.76% | 23.80% | 24.86% | -294 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 379% | 131.49% | 159.33% | 189.92% | 112.07% | 112.33% | 145.59% | 146.27% | -4,364 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |