West Des Moines, IA · Cert 58478
FDIC
Q1 2010
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2010, the quarter ended March 31, 2010, 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.
West Des Moines, IA · Cert 58478
FDIC
Q1 2010
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 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | Q4 2009 | Q1 2010 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | -0.79% | -1.68% | -3.08% | -3.75% | -5.53% | -8.57% | -7.55% | -4.17% | -42 bps | |
| Return on Equity | -6.01% | -13.30% | -25.74% | -42.57% | -61.71% | -98.85% | -89.32% | -58.24% | -1,566 bps | |
| Net Interest Margin | 2.90% | 2.76% | 2.58% | 1.94% | 2.01% | 2.31% | 2.50% | 2.55% | +62 bps | |
| Efficiency Ratio | 115.75% | 128.91% | 147.33% | 139.77% | 202% | 188.01% | 199.26% | 139.46% | -31 bps | |
| Non-Interest Burden | 3.38% | 3.62% | 3.76% | 2.81% | 3.68% | 4.01% | 4.36% | 3.60% | +79 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 20.63% | 16.86% | 8.61% | 14.77% | 2.74% | -19.99% | -15.61% | -23.75% | -3,852 bps | |
| Loan Growth (YoY) | 22.65% | 5.80% | -6.07% | -10.09% | -15.33% | -23.49% | -19.88% | -31.72% | -2,163 bps | |
| Deposit Growth (YoY) | 30.51% | 21.75% | 20.33% | 26.93% | 11.75% | -13.52% | -7.48% | -16.48% | -4,341 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 | 0.05% | 0.27% | 1.23% | 6.04% | 4.04% | 5.56% | 4.80% | 11.17% | +512 bps | |
| Allowance / Loans | 1.19% | 1.58% | 2.13% | 1.72% | 2.99% | 6.16% | 6.21% | 6.23% | +451 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 | 14.79% | 13.74% | 12.19% | 11.74% | 12.96% | 10.69% | 10.93% | 11.34% | -40 bps | |
| Equity / Assets | 12.72% | 11.08% | 9.45% | 8.20% | 9.29% | 7.58% | 7.45% | 6.84% | -136 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 122.15% | 104.35% | 99.02% | 88.44% | 92.55% | 92.32% | 85.75% | 72.31% | -1,613 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.01% | 11.58% | 22.22% | +2,222 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |