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American Savings Bank

Tripoli, IA · Cert 9104

FDIC · 1 branch

Q3 2021

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: Q3 2021, the quarter ended September 30, 2021, 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 2026-10-11

American Savings Bank

Tripoli, IA · Cert 9104

FDIC · 1 branch

Q3 2021

$55.7MAssets
$28.1MLoans
$44.5MDeposits
$11.1MEquity
Loan mix
78%RE $14.8M17%C&I $3.3M4%Consumer $0.8MQ3 2020Q3 2021
Deposit mix
85%Interest-bearing $38.0M15%Noninterest $6.5MQ3 2020Q3 2021

NIM

4.02%Q3 ’193.70%Q3 ’203.63%Q3 ’21-9%+9%

Non-interest income vs. expense

1.76%Q3 ’191.58%Q3 ’201.56%Q3 ’21-9%0%

Market Position · Waterloo-Cedar Falls, IA · 2021 SOD (annual) · 1.0% share · #18 of 24 inst. · $0.0B of $4.6B

Executive Summary

  • Earnings: ROA of 1.65%, up 33 bps year over year; NIM at 3.18%.
  • Asset quality: problem loans at 0.00% of loans (-10 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 18.94%, down 57 bps from a year ago.
  • Funding: loans stand at 63.20% of deposits as of Q3 2021.

Financial Results

Return on Assets (YTD, annualized)

1.65%+33 bps YoY

Net Interest Margin (YTD, annualized)

3.18%+27 bps YoY

Efficiency Ratio (YTD, annualized)

47.47%-474 bps YoY

Tier 1 Leverage Ratio

18.94%-57 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2020Q4 2020Q1 2021Q2 2021Q3 2021YoY ΔTrend
Earnings
Return on Assets1.32%1.30%1.60%1.82%1.65%+33 bps
Return on Equity6.53%6.46%8.24%9.36%8.47%+194 bps
Net Interest Margin2.90%2.77%3.13%3.33%3.18%+27 bps
Efficiency Ratio52.21%52.27%48.47%45.14%47.47%-474 bps
Non-Interest Burden1.45%1.39%1.46%1.44%1.45%-1 bps
Growth
Asset Growth (YoY)8.43%9.90%9.65%6.26%2.03%-640 bps
Loan Growth (YoY)1.16%2.73%9.30%11.64%3.94%+278 bps
Deposit Growth (YoY)9.73%11.18%11.27%7.43%2.28%-746 bps
Asset Quality
Nonperforming Loans / Loans0.10%0.00%0.00%0.00%0.00%-10 bps
Net Charge-Offs / Loans0.02%0.01%0.00%0.00%0.00%-2 bps
Allowance / Loans1.20%1.24%1.18%1.18%1.21%+1 bps
Allowance Coverage of NPLs11.6xn/an/an/an/an/a
Capital
Tier 1 Leverage Ratio19.51%18.64%18.74%18.68%18.94%-57 bps
Total Risk-Based Capital19.51%18.64%18.74%18.68%18.94%-57 bps
Equity / Assets20.02%19.61%19.15%19.49%19.88%-14 bps
Liquidity & Funding
Loans / Deposits62.19%60.40%63.09%63.41%63.20%+101 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a