PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Larimer Bank of Commerce

Fort Collins, CO · Cert 58521

FDIC

Q4 2010

$97.2MAssets
$86.8MLoans
$85.4MDeposits
$8.8MEquity
Loan mix
86%RE $54.2M14%C&I $8.6M0%Consumer $0.0MQ1 2009Q4 2010
Deposit mix
95%Interest-bearing $81.3M5%Noninterest $4.1MQ1 2009Q4 2010

Executive Summary

  • Earnings: ROA of 0.91%, up 85 bps year over year; NIM at 3.63%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.83%.
  • Funding: loans stand at 101.68% of deposits as of Q4 2010.

Return on Assets (YTD, annualized)

0.91%+85 bps YoY

Net Interest Margin (YTD, annualized)

3.63%+58 bps YoY

Efficiency Ratio (YTD, annualized)

44.10%-728 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.54%Q4 ’085.88%Q4 ’095.40%Q4 ’10+21%+19%

Non-interest income vs. expense

1.16%Q4 ’081.61%Q4 ’091.64%Q4 ’10+33%+1%

Year to date, annualized, through each quarter.

MetricQ1 2009Q2 2009Q3 2009Q4 2009Q1 2010Q2 2010Q3 2010Q4 2010YoY ΔTrend
Earnings
Return on Assets0.60%0.41%0.49%0.06%0.24%0.77%0.86%0.91%+85 bps
Return on Equity6.65%4.58%5.41%0.70%2.76%8.80%9.79%10.33%+963 bps
Net Interest Margin2.74%2.89%2.95%3.05%3.74%3.65%3.70%3.63%+58 bps
Efficiency Ratio53.01%58.16%52.45%51.38%45.48%42.12%40.49%44.10%-728 bps
Non-Interest Burden1.45%1.67%1.50%1.53%1.68%1.45%1.43%1.54%+2 bps
Growth
Asset Growth (YoY)41.45%19.54%13.21%1.20%4.99%5.28%8.77%8.20%+700 bps
Loan Growth (YoY)38.89%16.42%9.00%0.76%2.94%3.62%6.22%9.60%+884 bps
Deposit Growth (YoY)57.65%35.88%25.28%15.74%18.63%17.92%22.39%22.33%+659 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%1.22%0.00%0.61%0.50%0.83%-39 bps
Allowance / Loans1.54%1.75%2.04%1.85%2.25%2.03%2.16%1.66%-19 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital12.29%12.34%12.73%12.22%12.06%12.24%12.33%12.05%-17 bps
Equity / Assets9.12%9.00%9.10%8.83%8.66%8.79%8.71%9.05%+21 bps
Liquidity & Funding
Loans / Deposits124.27%117.83%116.12%113.49%107.83%103.54%100.78%101.68%-1,181 bps
Liquid Assets / Assets6.67%8.88%10.75%9.46%9.54%9.93%11.37%7.92%-154 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a