Van Wert, OH · Cert 778
FDIC
Q4 2003
Board Package
Performance Trends and Peer Comparison
Quarter: Q4 2003, the quarter ended December 31, 2003, 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.
Van Wert, OH · Cert 778
FDIC
Q4 2003
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 | Q1 2002 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.18% | 0.39% | 0.24% | 0.27% | 0.25% | 0.34% | 0.26% | -0.13% | -40 bps | |
| Return on Equity | 2.32% | 5.12% | 3.25% | 3.65% | 3.11% | 4.41% | 3.57% | -1.86% | -551 bps | |
| Net Interest Margin | 1.53% | 1.35% | 1.20% | 1.15% | 1.26% | 1.19% | 0.91% | 0.81% | -33 bps | |
| Efficiency Ratio | 79.66% | 69.54% | 69.41% | 70.73% | 74.60% | 70.22% | 74.62% | 96.11% | +2,538 bps | |
| Non-Interest Burden | 1.07% | 0.71% | 0.63% | 0.62% | 0.73% | 0.61% | 0.51% | 0.76% | +14 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 23.62% | 25.99% | 24.95% | 10.05% | -2.68% | 0.69% | 17.67% | 34.49% | +2,444 bps | |
| Loan Growth (YoY) | -4.30% | -1.62% | -1.72% | -24.35% | 9.92% | 6.30% | -5.55% | -13.25% | +1,110 bps | |
| Deposit Growth (YoY) | 30.18% | 31.62% | 30.13% | 15.03% | -0.35% | 1.14% | 19.15% | 36.41% | +2,138 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 | 0.40% | 0.09% | 0.48% | 0.21% | 0.41% | 0.25% | 0.22% | 0.89% | +68 bps | |
| Allowance / Loans | 0.91% | 0.87% | 1.01% | 1.05% | 0.98% | 0.97% | 1.07% | 1.12% | +7 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 | 15.64% | 14.80% | 14.69% | 15.10% | 15.56% | 14.81% | 14.99% | 14.50% | -60 bps | |
| Equity / Assets | 7.57% | 6.88% | 6.90% | 7.85% | 8.08% | 7.06% | 6.09% | 5.72% | -212 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 39.51% | 35.60% | 36.41% | 42.80% | 43.58% | 37.42% | 28.86% | 27.22% | -1,558 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |