PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Stissing National Bank of Pine Plains, The

Pine Plains, NY · Cert 7251

FDIC

Q3 2010

$44.9MAssets
$29.0MLoans
$41.0MDeposits
$3.8MEquity
Loan mix
96%RE $26.8M3%C&I $0.9M0%Consumer $0.1MQ3 2009Q3 2010
Deposit mix
63%Interest-bearing $25.7M37%Noninterest $15.3MQ3 2009Q3 2010

NIM

6.08%Q3 ’084.28%Q3 ’093.69%Q3 ’10-31%-12%

Non-interest income vs. expense

4.69%Q3 ’084.41%Q3 ’095.02%Q3 ’10-11%+25%

Executive Summary

  • Earnings: ROA of -0.54%, down 131 bps year over year; NIM at 3.40%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 70.82% of deposits as of Q3 2010.

Financial Results

Return on Assets (quarter, annualized)

-0.54%-131 bps YoY

Net Interest Margin (quarter, annualized)

3.40%-44 bps YoY

Efficiency Ratio (quarter, annualized)

111.29%+2,534 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets0.77%-1.30%0.28%0.12%-0.54%-131 bps
Return on Equity8.30%-14.20%3.32%1.45%-6.38%-1,468 bps
Net Interest Margin3.84%3.62%3.16%3.29%3.40%-44 bps
Efficiency Ratio85.95%92.11%92.66%109.15%111.29%+2,534 bps
Non-Interest Burden3.12%3.25%2.86%3.68%3.91%+79 bps
Growth
Asset Growth (YoY)6.08%3.33%21.31%7.90%1.46%-461 bps
Loan Growth (YoY)4.34%0.27%1.71%-3.78%-3.61%-794 bps
Deposit Growth (YoY)6.77%7.04%24.11%9.27%2.40%-437 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%1.80%0.04%-0.68%0.10%+8 bps
Allowance / Loans0.46%0.61%0.61%0.60%0.60%+14 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 Capital16.18%15.32%14.58%15.57%15.28%-90 bps
Equity / Assets9.13%9.16%7.69%8.45%8.46%-68 bps
Liquidity & Funding
Loans / Deposits75.23%79.76%65.15%71.48%70.82%-441 bps
Liquid Assets / Assets3.02%2.96%2.32%2.48%2.33%-69 bps
CRE / Total Capitaln/an/an/an/an/an/an/a