PackageTrendsPeer
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Farmers State Bank of Northern Missouri

Savannah, MO · Cert 8306

FDIC

Q1 2008

$98.8MAssets
$73.4MLoans
$81.7MDeposits
$8.7MEquity
Deposit mix
90%Interest-bearing $73.5M10%Noninterest $8.2MQ2 2006Q1 2008

Executive Summary

  • Earnings: ROA of 0.82%, up 89 bps year over year; NIM at 3.15%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 89.88% of deposits as of Q1 2008.

Return on Assets (YTD, annualized)

0.82%+89 bps YoY

Net Interest Margin (YTD, annualized)

3.15%+62 bps YoY

Efficiency Ratio (YTD, annualized)

71.26%-968 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.57%Q1 ’066.23%Q1 ’076.33%Q1 ’08+0%+24%

Non-interest income vs. expense

5.37%Q1 ’063.02%Q1 ’073.18%Q1 ’08-55%+3%

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007Q3 2007Q4 2007Q1 2008YoY ΔTrend
Earnings
Return on Assets-0.57%-0.31%-0.28%-0.07%0.29%0.28%0.42%0.82%+89 bps
Return on Equity-6.91%-3.76%-3.40%-0.82%3.49%3.35%5.03%9.50%+1,032 bps
Net Interest Margin2.58%2.49%2.45%2.53%2.66%2.68%2.74%3.15%+62 bps
Efficiency Ratio106.80%100.81%101.88%80.94%77.13%76.68%75.57%71.26%-968 bps
Non-Interest Burden2.85%2.52%2.52%1.82%1.75%1.74%1.75%1.87%+5 bps
Growth
Asset Growth (YoY)12.88%12.55%14.73%8.75%9.72%11.19%3.73%6.34%-241 bps
Loan Growth (YoY)14.49%16.03%11.56%5.92%7.55%7.85%7.46%12.84%+692 bps
Deposit Growth (YoY)-0.93%13.30%16.24%20.08%18.59%6.88%3.95%4.10%-1,597 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.31%0.22%0.20%0.03%0.03%0.01%0.02%0.07%+3 bps
Allowance / Loans1.14%1.16%1.20%1.52%1.47%1.70%1.71%1.64%+12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital10.01%9.81%10.59%10.37%10.51%10.36%10.65%10.44%+7 bps
Equity / Assets7.95%7.96%8.18%8.40%8.44%8.37%8.55%8.80%+41 bps
Liquidity & Funding
Loans / Deposits100.28%91.30%80.81%82.92%90.94%92.13%83.54%89.88%+696 bps
Liquid Assets / Assets0.03%0.12%0.02%0.01%0.13%0.12%0.04%0.02%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a