PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Great Western Bank

Omaha, NE · Cert 8327

FDIC

Q4 2006

$1.1BAssets
$878.5MLoans
$885.5MDeposits
$92.0MEquity
Loan mix
27%RE $81.6M72%C&I $217.2M1%Consumer $3.5MQ4 2005Q4 2006
Deposit mix
88%Interest-bearing $776.5M12%Noninterest $108.9MQ4 2005Q4 2006

NIM

5.74%Q4 ’046.39%Q4 ’056.82%Q4 ’06-3%-9%

Non-interest income vs. expense

3.14%Q4 ’042.96%Q4 ’053.05%Q4 ’06-5%-2%

Executive Summary

  • Earnings: ROA of 0.53%, down 68 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.35%.
  • Funding: loans stand at 99.21% of deposits as of Q4 2006.

Financial Results

Return on Assets (quarter, annualized)

0.53%-68 bps YoY

Net Interest Margin (quarter, annualized)

3.67%-35 bps YoY

Efficiency Ratio (quarter, annualized)

61.91%+428 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.21%1.01%0.07%1.10%0.53%-68 bps
Return on Equity14.00%11.88%0.85%13.15%6.30%-769 bps
Net Interest Margin4.01%3.80%3.73%3.74%3.67%-35 bps
Efficiency Ratio57.63%59.26%57.60%57.85%61.91%+428 bps
Non-Interest Burden1.86%1.82%1.64%1.61%1.81%-5 bps
Growth
Asset Growth (YoY)9.44%8.48%3.23%5.74%5.61%-383 bps
Loan Growth (YoY)11.33%10.60%3.78%5.43%2.91%-842 bps
Deposit Growth (YoY)4.91%8.65%8.89%10.27%12.21%+730 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%0.80%2.22%-0.01%0.35%+19 bps
Allowance / Loans1.24%1.11%1.21%1.34%1.57%+32 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 Capital11.78%11.29%11.45%11.68%11.50%-28 bps
Equity / Assets8.62%8.34%8.23%8.53%8.44%-18 bps
Liquidity & Funding
Loans / Deposits108.17%107.10%100.06%101.94%99.21%-897 bps
Liquid Assets / Assets0.01%0.01%0.01%0.01%0.01%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a