PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Home Exchange Bank

Jamesport, MO · Cert 8884

FDIC · 3 branches

Q3 2021

$130.8MAssets
$53.6MLoans
$99.2MDeposits
$19.3MEquity
Loan mix
92%RE $41.5M6%C&I $2.5M2%Consumer $0.9MQ4 2019Q3 2021
Deposit mix
62%Interest-bearing $61.4M38%Noninterest $37.8MQ4 2019Q3 2021

Executive Summary

  • Earnings: ROA of 0.82%, down 63 bps year over year; NIM at 2.39%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 14.21%, up 263 bps from a year ago.
  • Funding: loans stand at 54.01% of deposits as of Q3 2021.

Return on Assets (quarter, annualized)

0.82%-63 bps YoY

Net Interest Margin (quarter, annualized)

2.39%-22 bps YoY

Efficiency Ratio (quarter, annualized)

72.48%+2,690 bps YoY

Tier 1 Leverage Ratio

14.21%+263 bps YoY

NIM

3.89%Q3 ’193.01%Q3 ’202.69%Q3 ’21+2%-8%

Non-interest income vs. expense

1.19%Q3 ’191.29%Q3 ’202.16%Q3 ’21+10%+47%

Discrete quarter, annualized.

MetricQ4 2019Q1 2020Q2 2020Q3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets1.31%1.19%1.38%1.45%1.52%1.54%10.72%0.82%-63 bps
Return on Equity11.94%10.38%11.57%12.14%12.89%12.58%78.62%5.56%-657 bps
Net Interest Margin2.45%2.35%2.48%2.61%2.57%2.62%3.76%2.39%-22 bps
Efficiency Ratio47.59%48.17%46.66%45.58%42.19%46.78%11.13%72.48%+2,690 bps
Non-Interest Burden1.05%1.01%0.99%1.07%0.89%0.95%-6.99%1.57%+50 bps
Growth
Asset Growth (YoY)3.05%3.39%6.14%2.41%-2.77%-14.40%-13.47%-26.31%-2,872 bps
Loan Growth (YoY)3.99%0.17%-2.49%-6.18%-11.59%-14.59%-14.82%-21.05%-1,487 bps
Deposit Growth (YoY)31.01%29.24%8.51%-7.25%-2.76%-7.52%-5.83%-29.60%-2,236 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 / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans6.45%6.62%6.93%7.21%7.57%8.02%3.31%3.68%-354 bps
Allowance Coverage of NPLs4761.0x2403.0xn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.87%11.68%11.32%11.59%11.35%12.49%15.17%14.21%+263 bps
Total Risk-Based Capital22.39%11.68%11.32%11.59%11.35%12.49%15.17%14.21%+263 bps
Equity / Assets11.19%11.69%12.10%11.73%11.94%12.58%14.68%14.78%+305 bps
Liquidity & Funding
Loans / Deposits49.63%52.33%52.49%48.16%45.12%48.33%47.48%54.01%+585 bps
Liquid Assets / Assets6.34%3.75%4.57%11.18%8.61%6.24%9.26%4.94%-624 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a