PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

United Bank of Idaho

Driggs, ID · Cert 58361

FDIC

Q2 2008

$26.9MAssets
$22.6MLoans
$15.4MDeposits
$6.7MEquity
Loan mix
83%RE $14.8M17%C&I $3.0M0%Consumer $0.0MQ2 2007Q2 2008
Deposit mix
83%Interest-bearing $12.8M17%Noninterest $2.6MQ2 2007Q2 2008

NIM

1.93%Q3 ’067.02%Q2 ’076.03%Q2 ’08+120%-8%

Non-interest income vs. expense

25.12%Q3 ’063.35%Q2 ’074.05%Q2 ’08-89%+19%

Executive Summary

  • Earnings: ROA of -0.13%, down 133 bps year over year; NIM at 3.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 146.27% of deposits as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

-0.13%-133 bps YoY

Net Interest Margin (YTD, annualized)

3.93%-32 bps YoY

Efficiency Ratio (YTD, annualized)

88.19%+1,766 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets1.20%0.84%1.00%0.07%-0.13%-133 bps
Return on Equity3.94%2.91%3.55%0.26%-0.51%-445 bps
Net Interest Margin4.24%4.19%4.33%4.19%3.93%-32 bps
Efficiency Ratio70.53%66.24%66.70%84.14%88.19%+1,766 bps
Non-Interest Burden2.84%2.58%2.69%3.41%3.38%+54 bps
Growth
Asset Growth (YoY)n/a273%43.19%27.55%25.22%n/a
Loan Growth (YoY)n/a810%41.18%16.33%11.17%n/a
Deposit Growth (YoY)n/a2981%65.26%27.32%44.34%n/a
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.44%1.03%1.18%1.24%1.39%+94 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 Capital30.41%25.16%27.01%25.87%26.03%-437 bps
Equity / Assets27.81%24.51%25.76%23.80%24.86%-294 bps
Liquidity & Funding
Loans / Deposits189.92%112.07%112.33%145.59%146.27%-4,364 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a