Morgantown, IN · Cert 9651
FDIC
Q2 2004
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.97% | 0.74% | 1.06% | -0.56% | 1.42% | 0.77% | 0.71% | -34 bps | |
| Return on Equity | 9.72% | 11.11% | 8.64% | 12.77% | -7.14% | 18.15% | 9.78% | 10.05% | -272 bps | |
| Net Interest Margin | 4.24% | 3.96% | 3.76% | 3.96% | 4.02% | 4.04% | 3.85% | 3.77% | -19 bps | |
| Efficiency Ratio | 71.81% | 68.78% | 78.08% | 69.75% | 75.98% | 74.07% | 74.70% | 73.18% | +343 bps | |
| Non-Interest Burden | 2.75% | 2.30% | 2.67% | 2.34% | 2.79% | 2.79% | 2.66% | 2.51% | +17 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 21.74% | 20.44% | 28.82% | 22.21% | 17.53% | 13.36% | 15.28% | 18.95% | -327 bps | |
| Loan Growth (YoY) | 16.35% | 25.50% | 23.19% | 29.35% | 21.55% | 13.66% | 18.54% | 20.62% | -873 bps | |
| Deposit Growth (YoY) | 13.75% | 10.98% | 26.53% | 19.63% | 17.49% | 15.65% | 17.48% | 14.21% | -542 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.09% | 0.51% | 0.13% | 0.08% | 0.60% | 1.47% | -0.19% | 0.09% | +1 bps | |
| Allowance / Loans | 1.25% | 1.18% | 1.26% | 1.23% | 1.83% | 1.13% | 1.18% | 1.10% | -13 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 11.91% | 11.53% | 11.32% | 11.07% | 10.61% | 10.83% | 10.60% | 9.71% | -136 bps | |
| Equity / Assets | 8.71% | 8.79% | 8.30% | 8.25% | 7.50% | 8.19% | 7.67% | 6.59% | -166 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 83.53% | 95.13% | 81.00% | 85.87% | 86.42% | 93.49% | 81.73% | 90.69% | +482 bps | |
| Liquid Assets / Assets | 0.02% | 0.01% | 0.01% | 0.01% | 0.01% | 0.00% | 0.02% | 0.01% | 0 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |