PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

State Bank of Gilman

Gilman, WI · Cert 9533

FDIC

Q1 2008

$52.4MAssets
$29.2MLoans
$41.5MDeposits
$5.8MEquity
Loan mix
91%RE $23.2M9%C&I $2.2M0%Consumer $0.0MQ1 2007Q1 2008
Deposit mix
88%Interest-bearing $36.5M12%Noninterest $4.9MQ1 2007Q1 2008

NIM

6.33%Q1 ’066.53%Q1 ’076.15%Q1 ’08-1%-9%

Non-interest income vs. expense

3.74%Q1 ’063.68%Q1 ’073.75%Q1 ’08-4%+1%

Executive Summary

  • Earnings: ROA of 0.49%, up 41 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.18%.
  • Funding: loans stand at 70.41% of deposits as of Q1 2008.

Financial Results

Return on Assets (YTD, annualized)

0.49%+41 bps YoY

Net Interest Margin (YTD, annualized)

3.58%-35 bps YoY

Efficiency Ratio (YTD, annualized)

90.09%+755 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2007Q2 2007Q3 2007Q4 2007Q1 2008YoY ΔTrend
Earnings
Return on Assets0.09%0.28%0.42%0.47%0.49%+41 bps
Return on Equity0.87%2.74%4.06%4.45%4.41%+355 bps
Net Interest Margin3.93%3.98%4.00%4.03%3.58%-35 bps
Efficiency Ratio82.54%87.73%85.95%86.12%90.09%+755 bps
Non-Interest Burden3.15%3.44%3.37%3.40%3.17%+2 bps
Growth
Asset Growth (YoY)-2.62%-4.84%-5.85%-7.47%-3.13%-51 bps
Loan Growth (YoY)-18.22%-17.07%-21.59%-22.76%-19.00%-78 bps
Deposit Growth (YoY)-3.32%-6.08%-7.46%-9.68%-4.53%-121 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.33%1.83%1.32%1.83%0.18%-115 bps
Allowance / Loans3.30%2.88%3.07%2.65%2.60%-70 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 Capital15.10%15.95%16.84%18.06%18.58%+349 bps
Equity / Assets10.21%10.57%10.81%11.31%11.12%+91 bps
Liquidity & Funding
Loans / Deposits82.99%81.82%77.12%72.83%70.41%-1,258 bps
Liquid Assets / Assets22.39%26.01%29.21%31.93%30.65%+826 bps
CRE / Total Capitaln/an/an/an/an/an/an/a