PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank

Benkelman, NE · Cert 8337

FDIC

Q2 2006

$36.8MAssets
$23.7MLoans
$32.2MDeposits
$4.0MEquity
Loan mix
78%RE $4.5M22%C&I $1.3M0%Consumer $0.0MQ2 2005Q2 2006
Deposit mix
81%Interest-bearing $26.2M19%Noninterest $6.0MQ2 2005Q2 2006

NIM

5.55%Q2 ’045.39%Q2 ’056.53%Q2 ’06-6%+13%

Non-interest income vs. expense

2.63%Q2 ’042.39%Q2 ’052.36%Q2 ’06-4%-7%

Executive Summary

  • Earnings: ROA of 2.45%, up 44 bps year over year; NIM at 4.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.84%.
  • Funding: loans stand at 73.52% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

2.45%+44 bps YoY

Net Interest Margin (YTD, annualized)

4.47%+52 bps YoY

Efficiency Ratio (YTD, annualized)

46.23%-707 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets2.01%2.31%2.49%2.49%2.45%+44 bps
Return on Equity17.81%20.35%22.86%26.10%24.72%+691 bps
Net Interest Margin3.95%4.33%4.32%4.42%4.47%+52 bps
Efficiency Ratio53.30%49.02%46.62%45.95%46.23%-707 bps
Non-Interest Burden1.85%1.82%1.70%1.70%1.72%-13 bps
Growth
Asset Growth (YoY)6.03%7.67%3.05%3.42%0.80%-524 bps
Loan Growth (YoY)4.67%8.39%2.97%-8.89%-3.68%-835 bps
Deposit Growth (YoY)4.25%3.57%1.99%4.01%4.63%+39 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.11%0.70%0.35%1.66%0.84%-26 bps
Allowance / Loans1.42%1.41%1.50%1.38%1.51%+9 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 Capital14.53%14.70%11.80%13.65%14.91%+38 bps
Equity / Assets11.15%11.56%9.20%9.86%10.76%-39 bps
Liquidity & Funding
Loans / Deposits79.87%85.25%92.08%81.59%73.52%-635 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a