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Bartlett Farmers Bank, The

Bartlett, OH · Cert 9133

FDIC

Q3 2013

$63.2MAssets
$22.7MLoans
$54.1MDeposits
$6.5MEquity
Loan mix
82%RE $13.1M7%C&I $1.1M10%Consumer $1.7MQ3 2012Q3 2013
Deposit mix
84%Interest-bearing $45.4M16%Noninterest $8.7MQ3 2012Q3 2013

NIM

4.62%Q3 ’114.12%Q3 ’124.05%Q3 ’13-6%+2%

Non-interest income vs. expense

3.35%Q3 ’113.18%Q3 ’123.63%Q3 ’13-5%+17%

Executive Summary

  • Earnings: ROA of 0.85%, down 8 bps year over year; NIM at 3.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 41.91% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.85%1-8 bps YoY

Net Interest Margin (YTD, annualized)

3.65%+6 bps YoY

Efficiency Ratio (YTD, annualized)

88.79%+1,024 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.92%0.97%0.74%0.90%0.85%1-8 bps
Return on Equity8.42%8.76%6.35%8.04%7.74%-68 bps
Net Interest Margin3.59%3.62%3.46%3.52%3.65%+6 bps
Efficiency Ratio78.55%78.34%88.01%85.74%88.79%+1,024 bps
Non-Interest Burden2.72%2.74%3.00%2.96%3.19%+47 bps
Growth
Asset Growth (YoY)4.46%-0.65%1.14%-5.73%-6.14%-1,060 bps
Loan Growth (YoY)-1.10%-11.35%-11.16%-11.43%-1.38%-28 bps
Deposit Growth (YoY)-1.99%-1.17%0.15%0.50%2.56%+455 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.13%-0.11%0.00%0.05%0.03%+16 bps
Allowance / Loans1.10%1.20%1.21%1.18%1.10%0 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 Capital23.70%25.52%25.69%26.08%26.02%+232 bps
Equity / Assets11.54%11.81%11.60%10.05%10.20%-133 bps
Liquidity & Funding
Loans / Deposits43.58%40.64%39.80%39.51%41.91%-167 bps
Liquid Assets / Assets0.54%0.05%0.50%0.12%0.04%-49 bps
CRE / Total Capitaln/an/an/an/an/an/an/a