State Bank of Bird Island

Bird Island, MN · Cert 8184

FDIC

Q4 2011

$44.8MAssets

$14.9MLoans

$38.8MDeposits

$3.9MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.50%, down 610 bps year over year; NIM at 3.17%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.08%.
Funding: loans stand at 38.27% of deposits as of Q4 2011.

Return on Assets (quarter, annualized)

0.50%-610 bps YoY

Net Interest Margin (quarter, annualized)

3.17%+1,192 bps YoY

Efficiency Ratio (quarter, annualized)

76.76%+6,855 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	YoY Δ	Trend
Earnings
Return on Assets	6.60%	0.10%	0.98%	1.24%	0.50%	-610 bps
Return on Equity	53.54%	0.96%	10.02%	13.01%	5.34%	-4,821 bps
Net Interest Margin	-8.75%	3.04%	3.29%	2.97%	3.17%	+1,192 bps
Efficiency Ratio	8.22%	75.38%	62.57%	65.97%	76.76%	+6,855 bps
Non-Interest Burden	-14.70%	2.36%	2.07%	1.97%	2.49%	+1,719 bps
Growth
Asset Growth (YoY)	-10.86%	0.43%	4.43%	7.14%	17.55%	+2,841 bps
Loan Growth (YoY)	1.47%	-15.85%	-17.63%	-20.68%	-13.40%	-1,487 bps
Deposit Growth (YoY)	-10.24%	2.55%	8.61%	12.12%	14.42%	+2,466 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.19%	0.00%	0.00%	0.00%	0.08%	+27 bps
Allowance / Loans	0.02%	0.16%	0.28%	0.45%	0.41%	+39 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	15.24%	18.80%	16.07%	18.07%	14.73%	-51 bps
Equity / Assets	11.00%	10.43%	9.24%	9.87%	8.76%	-223 bps
Liquidity & Funding
Loans / Deposits	50.57%	33.99%	32.52%	30.98%	38.27%	-1,229 bps
Liquid Assets / Assets	8.22%	7.63%	6.86%	6.50%	5.13%	-309 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a