PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First National Bank of Wellston, The

Wellston, OH · Cert 6727

FDIC

Q1 2014

$90.4MAssets
$60.8MLoans
$78.4MDeposits
$11.7MEquity
Loan mix
86%RE $50.3M2%C&I $1.1M13%Consumer $7.4MQ1 2013Q1 2014
Deposit mix
89%Interest-bearing $69.6M11%Noninterest $8.8MQ1 2013Q1 2014

NIM

4.97%Q1 ’124.32%Q1 ’134.37%Q1 ’14-10%+6%

Non-interest income vs. expense

3.63%Q1 ’123.51%Q1 ’133.47%Q1 ’14-15%0%

Executive Summary

  • Earnings: ROA of 0.51%, up 20 bps year over year; NIM at 3.94%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.34%.
  • Funding: loans stand at 77.58% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

0.51%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.94%+22 bps YoY

Efficiency Ratio (YTD, annualized)

78.48%-442 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.31%0.33%0.39%0.40%0.51%+20 bps
Return on Equity2.46%2.64%3.12%3.19%3.96%+151 bps
Net Interest Margin3.72%3.79%3.91%3.96%3.94%+22 bps
Efficiency Ratio82.90%83.28%81.55%82.40%78.48%-442 bps
Non-Interest Burden3.00%3.07%3.08%3.17%2.98%-1 bps
Growth
Asset Growth (YoY)0.00%-0.87%-2.50%-5.44%-4.68%-468 bps
Loan Growth (YoY)-3.93%-2.51%2.97%4.95%6.38%+1,032 bps
Deposit Growth (YoY)-0.17%-0.38%-2.56%-5.55%-4.87%-470 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.78%0.50%0.41%0.29%0.34%-43 bps
Allowance / Loans1.03%1.10%1.13%1.20%1.22%+19 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 Capital23.68%24.25%26.46%24.45%26.15%+247 bps
Equity / Assets12.57%12.56%12.84%12.69%12.94%+37 bps
Liquidity & Funding
Loans / Deposits69.37%70.57%74.96%76.95%77.58%+821 bps
Liquid Assets / Assets0.14%0.15%0.16%2.35%2.09%+196 bps
CRE / Total Capitaln/an/an/an/an/an/an/a