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Sumner National Bank of Sheldon

Sheldon, IL · Cert 936

FDIC · 2 branches

Q3 2016

$23.9MAssets
$10.5MLoans
$22.3MDeposits
$1.6MEquity
Loan mix
76%RE $7.2M8%C&I $0.7M16%Consumer $1.5MQ3 2015Q3 2016
Deposit mix
80%Interest-bearing $17.8M20%Noninterest $4.4MQ3 2015Q3 2016

NIM

3.50%Q3 ’143.21%Q3 ’152.90%Q3 ’16-9%-10%

Non-interest income vs. expense

3.78%Q3 ’143.57%Q3 ’153.81%Q3 ’160%+11%

Executive Summary

  • Earnings: ROA of -0.64%, down 86 bps year over year; NIM at 2.75%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.86%.
  • Capital: tier 1 leverage ratio of 7.60%, down 151 bps from a year ago.
  • Funding: loans stand at 47.34% of deposits as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.64%-86 bps YoY

Net Interest Margin (YTD, annualized)

2.75%-32 bps YoY

Efficiency Ratio (YTD, annualized)

111.70%+1,760 bps YoY

Tier 1 Leverage Ratio

7.60%-151 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.22%0.20%-0.02%-0.14%-0.64%-86 bps
Return on Equity2.51%2.23%-0.23%-1.62%-7.82%-1,033 bps
Net Interest Margin3.07%3.10%3.21%2.95%2.75%-32 bps
Efficiency Ratio94.10%94.71%93.33%104.01%111.70%+1,760 bps
Non-Interest Burden2.85%2.89%2.95%3.09%3.15%+31 bps
Growth
Asset Growth (YoY)13.34%4.13%6.83%3.65%25.68%+1,234 bps
Loan Growth (YoY)-5.18%-3.89%-4.89%-3.04%5.61%+1,079 bps
Deposit Growth (YoY)14.76%4.51%7.46%3.67%28.56%+1,380 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.16%0.17%0.66%0.32%0.86%+70 bps
Allowance / Loans1.43%1.39%1.40%1.24%1.01%-43 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.11%9.21%9.36%8.58%7.60%-151 bps
Total Risk-Based Capital18.08%18.23%18.22%17.17%14.82%-326 bps
Equity / Assets9.04%9.77%9.37%7.25%6.89%-216 bps
Liquidity & Funding
Loans / Deposits57.63%62.86%57.66%44.25%47.34%-1,028 bps
Liquid Assets / Assets17.65%18.98%20.92%31.32%21.50%+385 bps
CRE / Total Capitaln/an/an/an/an/an/an/a