PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

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

7.09%Q2 ’075.90%Q2 ’088.48%Q2 ’09-7%+52%

Non-interest income vs. expense

2.07%Q2 ’072.38%Q2 ’084.73%Q2 ’09-4%+106%

Executive Summary

  • Earnings: ROA of -3.86%, down 500 bps year over year; NIM at 6.03%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.51%.
  • Funding: loans stand at 111.59% of deposits as of Q2 2009.

Financial Results

Return on Assets (quarter, annualized)

-3.86%-500 bps YoY

Net Interest Margin (quarter, annualized)

6.03%+206 bps YoY

Efficiency Ratio (quarter, annualized)

59.57%+903 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets1.14%1.52%0.71%1.33%-3.86%-500 bps
Return on Equity12.29%17.01%8.25%15.84%-31.81%-4,410 bps
Net Interest Margin3.97%4.29%4.05%3.94%6.03%+206 bps
Efficiency Ratio50.53%47.66%53.93%51.87%59.57%+903 bps
Non-Interest Burden1.64%1.60%1.96%1.67%3.37%+174 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 / Loans0.58%0.12%1.02%0.25%3.51%+293 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