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Scandia American Bank and Trust

Stanley, ND · Cert 8639

FDIC

Q3 2011

$196.4MAssets
$61.2MLoans
$176.6MDeposits
$17.5MEquity
Loan mix
69%RE $26.1M16%C&I $6.0M15%Consumer $5.5MQ3 2010Q3 2011
Deposit mix
81%Interest-bearing $143.9M19%Noninterest $32.7MQ3 2010Q3 2011

NIM

4.34%Q3 ’094.17%Q3 ’103.12%Q3 ’11+2%-20%

Non-interest income vs. expense

1.63%Q3 ’092.11%Q3 ’101.74%Q3 ’11+29%-20%

Executive Summary

  • Earnings: ROA of 0.97%, down 28 bps year over year; NIM at 2.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
  • Funding: loans stand at 34.68% of deposits as of Q3 2011.

Financial Results

Return on Assets (quarter, annualized)

0.97%-28 bps YoY

Net Interest Margin (quarter, annualized)

2.78%-72 bps YoY

Efficiency Ratio (quarter, annualized)

50.91%-210 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets1.25%0.83%0.80%0.83%0.97%-28 bps
Return on Equity12.98%8.96%9.06%9.32%10.80%-218 bps
Net Interest Margin3.50%3.39%2.73%2.68%2.78%-72 bps
Efficiency Ratio53.01%54.38%58.21%44.71%50.91%-210 bps
Non-Interest Burden1.86%1.80%1.58%1.34%1.50%-36 bps
Growth
Asset Growth (YoY)87.58%85.44%21.19%18.97%21.64%-6,594 bps
Loan Growth (YoY)68.54%72.39%-8.74%-19.87%-18.18%-8,673 bps
Deposit Growth (YoY)87.50%84.03%23.03%20.36%23.88%-6,362 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.01%0.06%0.01%0.15%+14 bps
Allowance / Loans0.60%0.82%1.04%1.27%1.17%+57 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 Capital13.09%13.17%15.06%16.49%14.87%+178 bps
Equity / Assets9.65%8.97%8.71%9.16%8.89%-76 bps
Liquidity & Funding
Loans / Deposits52.51%49.11%35.64%35.27%34.68%-1,783 bps
Liquid Assets / Assets2.07%1.43%1.26%1.31%0.96%-111 bps
CRE / Total Capitaln/an/an/an/an/an/an/a