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 $0.0MQ3 2004Q2 2006
Deposit mix
81%Interest-bearing $26.2M19%Noninterest $6.0MQ3 2004Q2 2006

Executive Summary

  • Earnings: ROA of 2.41%, down 8 bps year over year; NIM at 4.40%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 73.52% of deposits as of Q2 2006.

Return on Assets (quarter, annualized)

2.41%-8 bps YoY

Net Interest Margin (quarter, annualized)

4.40%-2 bps YoY

Efficiency Ratio (quarter, annualized)

46.51%+52 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.55%Q2 ’045.87%Q2 ’056.38%Q2 ’06+3%-1%

Non-interest income vs. expense

2.63%Q2 ’042.29%Q2 ’052.36%Q2 ’06-10%-3%

Discrete quarter, annualized.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets2.41%2.38%1.54%2.49%2.93%3.06%2.49%2.41%-8 bps
Return on Equity19.17%18.98%13.53%22.95%25.80%29.54%26.10%23.39%+44 bps
Net Interest Margin4.42%4.76%3.39%4.42%4.87%4.83%4.42%4.40%-2 bps
Efficiency Ratio48.18%46.12%62.37%45.99%41.85%40.46%45.95%46.51%+52 bps
Non-Interest Burden1.80%1.89%1.92%1.74%1.67%1.54%1.70%1.68%-5 bps
Growth
Asset Growth (YoY)-16.13%-16.75%4.59%6.03%7.67%3.05%3.42%0.80%-524 bps
Loan Growth (YoY)-21.78%-17.66%6.89%4.67%8.39%2.97%-8.89%-3.68%-835 bps
Deposit Growth (YoY)-2.55%-1.32%-2.87%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%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.00%2.04%0.00%0.00%-0.56%1.66%-0.02%-2 bps
Allowance / Loans1.84%1.69%1.25%1.42%1.41%1.50%1.38%1.51%+9 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 Capital16.26%15.07%13.39%14.53%14.70%11.80%13.65%14.91%+38 bps
Equity / Assets12.94%12.12%10.58%11.15%11.56%9.20%9.86%10.76%-39 bps
Liquidity & Funding
Loans / Deposits81.46%91.20%93.15%79.87%85.25%92.08%81.59%73.52%-635 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a