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Madison Community Bank, The

Anderson, IN · Cert 8047

FDIC

Q2 2009

$1.1BAssets
$832.7MLoans
$746.2MDeposits
$143.6MEquity
Loan mix
84%RE $602.5M16%C&I $113.0M0%Consumer $1.1MQ2 2008Q2 2009
Deposit mix
87%Interest-bearing $648.8M13%Noninterest $97.4MQ2 2008Q2 2009

NIM

6.98%Q2 ’076.27%Q2 ’084.98%Q2 ’09-1%-14%

Non-interest income vs. expense

2.08%Q2 ’072.35%Q2 ’082.70%Q2 ’09+4%+16%

Executive Summary

  • Earnings: ROA of -2.00%, down 333 bps year over year; NIM at 3.56%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.80%.
  • Funding: loans stand at 111.59% of deposits as of Q2 2009.

Financial Results

Return on Assets (YTD, annualized)

-2.00%-333 bps YoY

Net Interest Margin (YTD, annualized)

3.56%-58 bps YoY

Efficiency Ratio (YTD, annualized)

58.41%+985 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets1.33%1.39%1.22%1.33%-2.00%-333 bps
Return on Equity14.55%15.36%13.62%15.84%-17.44%-3,199 bps
Net Interest Margin4.14%4.11%4.02%3.94%3.56%-58 bps
Efficiency Ratio48.56%48.24%49.62%51.87%58.41%+985 bps
Non-Interest Burden1.65%1.60%1.66%1.67%1.92%+27 bps
Growth
Asset Growth (YoY)-3.06%0.19%4.22%11.43%269%+27,175 bps
Loan Growth (YoY)-4.40%-1.34%0.29%2.28%215%+21,952 bps
Deposit Growth (YoY)-4.96%-9.36%7.30%15.26%223%+22,747 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.38%0.29%0.47%0.25%1.80%+142 bps
Allowance / Loans1.00%1.05%1.03%1.08%2.85%+185 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 Capital11.54%11.53%11.42%12.00%14.38%+285 bps
Equity / Assets9.13%8.74%8.43%8.41%13.23%+410 bps
Liquidity & Funding
Loans / Deposits114.20%123.30%106.83%102.08%111.59%-261 bps
Liquid Assets / Assets0.17%0.17%3.90%3.46%1.49%+132 bps
CRE / Total Capitaln/an/an/an/an/an/an/a