Nora Springs, IA · Cert 8093
FDIC
Q3 2009
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2009, the quarter ended September 30, 2009, 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.
Nora Springs, IA · Cert 8093
FDIC
Q3 2009
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 | Q4 2007 | Q1 2008 | Q2 2008 | Q3 2008 | Q4 2008 | Q1 2009 | Q2 2009 | Q3 2009 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.16% | 0.90% | 1.02% | 1.28% | 1.24% | 1.56% | 1.02% | 1.11% | -16 bps | |
| Return on Equity | 13.27% | 9.13% | 10.05% | 12.35% | 11.84% | 13.80% | 9.13% | 10.08% | -227 bps | |
| Net Interest Margin | 3.56% | 3.08% | 3.11% | 3.31% | 3.41% | 3.83% | 3.62% | 3.43% | +12 bps | |
| Efficiency Ratio | 67.75% | 71.14% | 70.39% | 64.98% | 65.86% | 59.21% | 61.09% | 58.12% | -686 bps | |
| Non-Interest Burden | 2.28% | 2.09% | 2.09% | 2.03% | 2.13% | 2.13% | 2.09% | 1.86% | -16 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.77% | 57.82% | 56.67% | 57.74% | 49.94% | 1.80% | 7.17% | 11.92% | -4,582 bps | |
| Loan Growth (YoY) | 5.95% | 35.44% | 32.51% | 36.39% | 30.48% | 5.24% | 5.50% | 5.67% | -3,072 bps | |
| Deposit Growth (YoY) | 10.20% | 67.13% | 66.33% | 64.69% | 55.42% | 2.60% | 8.87% | 15.14% | -4,956 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 | 0.09% | -0.01% | -0.01% | 0.03% | 0.08% | 0.10% | 0.21% | 0.63% | +60 bps | |
| Allowance / Loans | 1.26% | 1.27% | 1.28% | 1.25% | 1.27% | 1.23% | 1.47% | 1.23% | -2 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 | 11.63% | 12.01% | 11.97% | 12.33% | 12.68% | 12.87% | 12.56% | 12.54% | +21 bps | |
| Equity / Assets | 8.63% | 10.76% | 10.58% | 10.84% | 11.15% | 11.52% | 10.89% | 10.64% | -20 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 89.64% | 76.90% | 78.06% | 79.79% | 75.26% | 78.88% | 75.65% | 73.23% | -656 bps | |
| Liquid Assets / Assets | 0.28% | 2.87% | 0.18% | 0.19% | 0.07% | 0.09% | 0.12% | 2.94% | +275 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |