PackageTrendsPeer
Letter portraitLegal landscape

Glasford State Bank

Glasford, IL · Cert 8492

FDIC · 2 branches

Q1 2022

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2022, the quarter ended March 31, 2022, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Glasford State Bank

Glasford, IL · Cert 8492

FDIC · 2 branches

Q1 2022

$62.7MAssets
$18.2MLoans
$60.2MDeposits
$2.4MEquity
Loan mix
74%RE $12.7M2%C&I $0.3M24%Consumer $4.1MQ1 2021Q1 2022
Deposit mix
86%Interest-bearing $51.6M14%Noninterest $8.6MQ1 2021Q1 2022

NIM

3.33%Q1 ’202.52%Q1 ’212.28%Q1 ’22-19%-8%

Non-interest income vs. expense

2.52%Q1 ’202.31%Q1 ’212.07%Q1 ’22-9%-8%

Market Position · Peoria, IL · 2021 SOD (annual) · 0.5% share · #30 of 44 inst. · $0.0B of $10.4B

Executive Summary

  • Earnings: ROA of 0.30%, down 4 bps year over year; NIM at 2.14%.
  • Asset quality: problem loans at 0.19% of loans (-22 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 6.60%, down 53 bps from a year ago.
  • Funding: loans stand at 30.19% of deposits as of Q1 2022.

Financial Results

Return on Assets (YTD, annualized)

0.30%-4 bps YoY

Net Interest Margin (YTD, annualized)

2.14%-20 bps YoY

Efficiency Ratio (YTD, annualized)

81.25%-31 bps YoY

Tier 1 Leverage Ratio

6.60%-53 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2021Q2 2021Q3 2021Q4 2021Q1 2022YoY ΔTrend
Earnings
Return on Assets0.35%0.45%0.52%0.46%0.30%-4 bps
Return on Equity4.28%5.62%6.68%6.06%5.74%+145 bps
Net Interest Margin2.34%2.39%2.31%2.23%2.14%-20 bps
Efficiency Ratio81.56%80.12%79.12%81.53%81.25%-31 bps
Non-Interest Burden1.82%1.81%1.73%1.74%1.66%-15 bps
Growth
Asset Growth (YoY)15.62%-1.66%12.61%19.69%13.80%-182 bps
Loan Growth (YoY)-5.49%-7.20%-5.65%-3.80%-8.75%-326 bps
Deposit Growth (YoY)16.09%6.26%23.54%21.87%18.73%+264 bps
Asset Quality
Nonperforming Loans / Loans0.41%0.34%0.23%0.20%0.19%-22 bps
Net Charge-Offs / Loans0.00%0.20%0.15%0.27%0.00%0 bps
Allowance / Loans1.39%1.37%1.35%1.23%1.39%0 bps
Allowance Coverage of NPLs3.4x4.1x6.0x6.3x7.2x+3.9x
Capital
Tier 1 Leverage Ratio7.13%7.13%6.88%6.58%6.60%-53 bps
Total Risk-Based Capital21.53%21.34%20.92%21.24%22.36%+83 bps
Equity / Assets7.71%8.00%7.16%6.84%3.82%-389 bps
Liquidity & Funding
Loans / Deposits39.27%39.73%35.29%34.03%30.19%-909 bps
Liquid Assets / Assets25.89%18.32%21.09%14.99%20.75%-513 bps
CRE / Total Capitaln/an/an/an/an/an/an/a