Fairbank, IA · Cert 8754
FDIC
Q1 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2008, the quarter ended March 31, 2008, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Fairbank, IA · Cert 8754
FDIC
Q1 2008
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2006 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.90% | 0.72% | 0.75% | 0.51% | 0.74% | 0.81% | 0.88% | 1.00% | +49 bps | |
| Return on Equity | 7.55% | 6.03% | 6.17% | 4.05% | 5.77% | 6.26% | 7.01% | 8.57% | +452 bps | |
| Net Interest Margin | 3.28% | 3.25% | 3.13% | 3.40% | 3.39% | 3.37% | 3.26% | 3.24% | -16 bps | |
| Efficiency Ratio | 61.95% | 62.95% | 60.62% | 64.52% | 61.41% | 60.65% | 56.77% | 59.42% | -510 bps | |
| Non-Interest Burden | 1.86% | 1.92% | 1.77% | 2.11% | 1.97% | 1.93% | 1.72% | 1.82% | -30 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 7.57% | 11.58% | 2.42% | -2.77% | -0.96% | -2.05% | 3.75% | 3.71% | +648 bps | |
| Loan Growth (YoY) | 24.20% | 21.87% | 11.67% | -5.17% | -1.58% | -6.04% | 5.69% | 7.66% | +1,283 bps | |
| Deposit Growth (YoY) | 7.45% | 7.36% | 1.97% | -1.15% | -1.39% | 0.48% | 2.89% | 4.55% | +570 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.18% | 0.29% | 1.05% | -0.06% | 0.00% | 0.06% | 0.03% | -0.02% | +4 bps | |
| Allowance / Loans | 1.35% | 1.44% | 0.91% | 0.96% | 0.95% | 0.95% | 0.94% | 0.97% | 0 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.18% | 11.90% | 12.18% | 12.72% | 12.48% | 12.49% | 10.64% | 11.38% | -134 bps | |
| Equity / Assets | 12.09% | 12.13% | 12.47% | 12.90% | 13.01% | 13.25% | 11.41% | 12.02% | -88 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 80.19% | 84.77% | 75.92% | 77.08% | 80.03% | 79.27% | 77.99% | 79.37% | +229 bps | |
| Liquid Assets / Assets | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |