Home > FirstBank of Summit County > Performance and Condition Ratios
FirstBank of Summit County, Performance and Condition Ratios
| 2010-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5809% | 2,140 |
| Cost of funding earning assets | 0.5676% | 7,356 |
| Net interest margin | 5.0132% | 430 |
| Noninterest income to average assets | 0.8113% | 2,179 |
| Noninterest expense to average assets | 2.5607% | 5,467 |
| Loan and lease loss provision to assets | 0.3095% | 4,104 |
| Net operating income to assets | 1.7912% | 520 |
| Return on assets (ROA) | 1.7348% | 632 |
| Pretax return on assets | 2.5647% | 206 |
| Return on Equity (ROE) | 18.3809% | 449 |
| Retained earnings to average equity (ytd only) | -1.7379% | 6,150 |
| Net charge-offs to loans | 0.5822% | 2,993 |
| Credit loss provision to net charge-offs | 67.1930% | 5,498 |
| Earnings coverage of net charge-offs (x) | 6.4202% | 2,526 |
| Efficiency ratio | 46.4084% | 7,366 |
| Assets per employee ($millions) | 6.4362% | 1,003 |
| Cash dividends to net income (ytd only)* | 109.4551% | 281 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7332% | 3,044 |
| Loan loss allowance to noncurrent loans | 113.7497% | 2,469 |
| Noncurrent assets plus other real estate owned to assets | 2.1356% | 3,287 |
| Noncurrent loans to loans | 1.5237% | 4,352 |
| Net loans and leases to total assets | 77.9328% | 1,047 |
| Net loans and leases to deposits | 86.8646% | 2,169 |
| Net loans and leases to core deposits | 92.2570% | 2,757 |
| Total domestic deposits to total assets | 89.7176% | 1,015 |
| Equity capital to assets | 9.9558% | 4,211 |
| Core capital (leverage) ratio | 9.7522% | 3,551 |
| Tier 1 risk-based capital ratio | 16.4496% | 2,580 |
| Total risk-based capital ratio | 17.7129% | 2,528 |
| Memoranda: | ||
| Average total assets | $330,011,000 | 1,997 |
| Average earning assets | $309,813,250 | 1,950 |
| Average equity | $31,147,500 | 2,119 |
| Average total loans | $261,064,250 | 1,719 |
| 2010-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5688% | 2,255 |
| Cost of funding earning assets | 0.5898% | 7,426 |
| Net interest margin | 4.9790% | 441 |
| Noninterest income to average assets | 0.7585% | 2,335 |
| Noninterest expense to average assets | 2.4504% | 5,911 |
| Loan and lease loss provision to assets | 0.4927% | 2,829 |
| Net operating income to assets | 1.7053% | 581 |
| Return on assets (ROA) | 1.6220% | 745 |
| Pretax return on assets | 2.3763% | 292 |
| Return on Equity (ROE) | 17.4865% | 514 |
| Retained earnings to average equity (ytd only) | -1.8285% | 6,119 |
| Net charge-offs to loans | 0.5002% | 3,040 |
| Credit loss provision to net charge-offs | 124.6224% | 3,247 |
| Earnings coverage of net charge-offs (x) | 7.5665% | 2,281 |
| Efficiency ratio | 45.0285% | 7,480 |
| Assets per employee ($millions) | 7.2279% | 690 |
| Cash dividends to net income (ytd only)* | 110.4566% | 364 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.8780% | 2,479 |
| Loan loss allowance to noncurrent loans | 97.5566% | 2,821 |
| Noncurrent assets plus other real estate owned to assets | 1.9907% | 3,509 |
| Noncurrent loans to loans | 1.9251% | 3,837 |
| Net loans and leases to total assets | 78.2451% | 1,073 |
| Net loans and leases to deposits | 89.8978% | 1,871 |
| Net loans and leases to core deposits | 95.5875% | 2,494 |
| Total domestic deposits to total assets | 87.0379% | 2,507 |
| Equity capital to assets | 9.6549% | 4,463 |
| Core capital (leverage) ratio | 9.5841% | 3,694 |
| Tier 1 risk-based capital ratio | 16.0338% | 2,658 |
| Total risk-based capital ratio | 17.2996% | 2,610 |
| Memoranda: | ||
| Average total assets | $334,890,330 | 1,989 |
| Average earning assets | $315,003,000 | 1,930 |
| Average equity | $31,064,000 | 2,119 |
| Average total loans | $264,714,330 | 1,715 |
| 2010-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.5582% | 2,332 |
| Cost of funding earning assets | 0.5967% | 7,546 |
| Net interest margin | 4.9615% | 451 |
| Noninterest income to average assets | 0.8066% | 1,986 |
| Noninterest expense to average assets | 2.3926% | 6,115 |
| Loan and lease loss provision to assets | 0.5617% | 2,255 |
| Net operating income to assets | 1.7291% | 580 |
| Return on assets (ROA) | 1.5625% | 865 |
| Pretax return on assets | 2.2808% | 360 |
| Return on Equity (ROE) | 17.1811% | 589 |
| Retained earnings to average equity (ytd only) | -21.6608% | 7,409 |
| Net charge-offs to loans | 0.4578% | 2,673 |
| Credit loss provision to net charge-offs | 155.8824% | 2,295 |
| Earnings coverage of net charge-offs (x) | 8.5588% | 1,945 |
| Efficiency ratio | 43.6895% | 7,631 |
| Assets per employee ($millions) | 6.9458% | 825 |
| Cash dividends to net income (ytd only)* | 226.0739% | 153 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.8508% | 2,576 |
| Loan loss allowance to noncurrent loans | 99.0057% | 2,804 |
| Noncurrent assets plus other real estate owned to assets | 1.6944% | 3,939 |
| Noncurrent loans to loans | 1.8694% | 3,968 |
| Net loans and leases to total assets | 77.6053% | 1,221 |
| Net loans and leases to deposits | 87.5737% | 2,302 |
| Net loans and leases to core deposits | 91.8662% | 3,122 |
| Total domestic deposits to total assets | 88.6171% | 1,725 |
| Equity capital to assets | 9.0100% | 5,263 |
| Core capital (leverage) ratio | 8.9225% | 4,692 |
| Tier 1 risk-based capital ratio | 14.9155% | 3,143 |
| Total risk-based capital ratio | 16.1803% | 3,102 |
| Memoranda: | ||
| Average total assets | $339,707,500 | 2,020 |
| Average earning assets | $319,741,000 | 1,950 |
| Average equity | $30,894,500 | 2,150 |
| Average total loans | $267,387,500 | 1,759 |
| 2009-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.9337% | 2,112 |
| Cost of funding earning assets | 0.8662% | 7,458 |
| Net interest margin | 5.0674% | 395 |
| Noninterest income to average assets | 0.8010% | 2,401 |
| Noninterest expense to average assets | 2.3400% | 6,634 |
| Loan and lease loss provision to assets | 0.3878% | 4,467 |
| Net operating income to assets | 1.9386% | 262 |
| Return on assets (ROA) | 2.0126% | 236 |
| Pretax return on assets | 2.9948% | 98 |
| Return on Equity (ROE) | 25.5495% | 86 |
| Retained earnings to average equity (ytd only) | 18.5021% | 50 |
| Net charge-offs to loans | 0.2221% | 5,235 |
| Credit loss provision to net charge-offs | 230.9677% | 1,584 |
| Earnings coverage of net charge-offs (x) | 19.4887% | 1,081 |
| Efficiency ratio | 41.6956% | 7,833 |
| Assets per employee ($millions) | 7.0616% | 776 |
| Cash dividends to net income (ytd only)* | 27.5834% | 3,428 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7362% | 2,762 |
| Loan loss allowance to noncurrent loans | 138.4706% | 2,067 |
| Noncurrent assets plus other real estate owned to assets | 1.1814% | 4,736 |
| Noncurrent loans to loans | 1.2539% | 4,845 |
| Net loans and leases to total assets | 77.0059% | 1,584 |
| Net loans and leases to deposits | 93.5527% | 1,656 |
| Net loans and leases to core deposits | 106.6336% | 3,259 |
| Total domestic deposits to total assets | 82.3128% | 4,811 |
| Equity capital to assets | 9.1758% | 4,879 |
| Core capital (leverage) ratio | 9.0678% | 4,306 |
| Tier 1 risk-based capital ratio | 15.2408% | 2,826 |
| Total risk-based capital ratio | 16.5035% | 2,778 |
| Memoranda: | ||
| Average total assets | $369,277,800 | 1,842 |
| Average earning assets | $350,592,600 | 1,782 |
| Average equity | $29,088,600 | 2,292 |
| Average total loans | $279,178,000 | 1,726 |
| 2009-09-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 5.9843% | 2,101 |
| Cost of funding earning assets | 0.9083% | 7,540 |
| Net interest margin | 5.0760% | 388 |
| Noninterest income to average assets | 0.7902% | 2,484 |
| Noninterest expense to average assets | 2.3169% | 6,652 |
| Loan and lease loss provision to assets | 0.5303% | 3,263 |
| Net operating income to assets | 1.8655% | 386 |
| Return on assets (ROA) | 1.8381% | 430 |
| Pretax return on assets | 2.7310% | 144 |
| Return on Equity (ROE) | 24.2565% | 119 |
| Retained earnings to average equity (ytd only) | 14.6402% | 169 |
| Net charge-offs to loans | 0.2518% | 4,473 |
| Credit loss provision to net charge-offs | 280.9793% | 1,500 |
| Earnings coverage of net charge-offs (x) | 17.4954% | 1,403 |
| Efficiency ratio | 41.2323% | 7,901 |
| Assets per employee ($millions) | 7.3920% | 668 |
| Cash dividends to net income (ytd only)* | 39.6443% | 2,456 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.7311% | 2,518 |
| Loan loss allowance to noncurrent loans | 136.4428% | 2,087 |
| Noncurrent assets plus other real estate owned to assets | 0.9629% | 5,138 |
| Noncurrent loans to loans | 1.2688% | 4,821 |
| Net loans and leases to total assets | 74.5815% | 2,348 |
| Net loans and leases to deposits | 100.9437% | 1,018 |
| Net loans and leases to core deposits | 114.9435% | 2,732 |
| Total domestic deposits to total assets | 73.8843% | 6,968 |
| Equity capital to assets | 8.0949% | 6,748 |
| Core capital (leverage) ratio | 7.9374% | 6,460 |
| Tier 1 risk-based capital ratio | 13.6280% | 3,765 |
| Total risk-based capital ratio | 14.8921% | 3,697 |
| Memoranda: | ||
| Average total assets | $375,092,500 | 1,835 |
| Average earning assets | $356,834,500 | 1,768 |
| Average equity | $28,423,250 | 2,362 |
| Average total loans | $281,181,750 | 1,732 |
| 2009-06-30 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.0716% | 1,898 |
| Cost of funding earning assets | 0.9806% | 7,578 |
| Net interest margin | 5.0910% | 364 |
| Noninterest income to average assets | 0.8108% | 2,361 |
| Noninterest expense to average assets | 2.3644% | 6,574 |
| Loan and lease loss provision to assets | 0.3369% | 3,922 |
| Net operating income to assets | 1.9739% | 315 |
| Return on assets (ROA) | 1.9739% | 345 |
| Pretax return on assets | 2.9470% | 109 |
| Return on Equity (ROE) | 26.6431% | 112 |
| Retained earnings to average equity (ytd only) | 19.1229% | 85 |
| Net charge-offs to loans | 0.2068% | 4,222 |
| Credit loss provision to net charge-offs | 218.2131% | 2,106 |
| Earnings coverage of net charge-offs (x) | 21.2680% | 1,270 |
| Efficiency ratio | 41.8600% | 7,978 |
| Assets per employee ($millions) | 7.2088% | 701 |
| Cash dividends to net income (ytd only)* | 28.2258% | 2,910 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.4977% | 3,214 |
| Loan loss allowance to noncurrent loans | 365.3448% | 868 |
| Noncurrent assets plus other real estate owned to assets | 0.3094% | 6,689 |
| Noncurrent loans to loans | 0.4099% | 6,485 |
| Net loans and leases to total assets | 74.3563% | 2,604 |
| Net loans and leases to deposits | 105.2319% | 815 |
| Net loans and leases to core deposits | 118.8851% | 2,465 |
| Total domestic deposits to total assets | 70.6594% | 7,409 |
| Equity capital to assets | 7.8328% | 6,938 |
| Core capital (leverage) ratio | 7.7804% | 6,637 |
| Tier 1 risk-based capital ratio | 13.0796% | 4,084 |
| Total risk-based capital ratio | 14.3384% | 3,994 |
| Memoranda: | ||
| Average total assets | $376,923,000 | 1,844 |
| Average earning assets | $358,158,000 | 1,785 |
| Average equity | $27,924,670 | 2,409 |
| Average total loans | $281,405,670 | 1,760 |
| 2009-03-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.0764% | 2,040 |
| Cost of funding earning assets | 1.1249% | 7,473 |
| Net interest margin | 4.9515% | 454 |
| Noninterest income to average assets | 0.8022% | 2,311 |
| Noninterest expense to average assets | 2.3230% | 6,456 |
| Loan and lease loss provision to assets | 0.3842% | 3,022 |
| Net operating income to assets | 1.8870% | 446 |
| Return on assets (ROA) | 1.8870% | 494 |
| Pretax return on assets | 2.7908% | 155 |
| Return on Equity (ROE) | 26.2148% | 162 |
| Retained earnings to average equity (ytd only) | 21.8040% | 134 |
| Net charge-offs to loans | 0.0527% | 4,732 |
| Credit loss provision to net charge-offs | 981.0811% | 639 |
| Earnings coverage of net charge-offs (x) | 81.0811% | 517 |
| Efficiency ratio | 42.2522% | 7,991 |
| Assets per employee ($millions) | 7.2226% | 702 |
| Cash dividends to net income (ytd only)* | 16.8256% | 2,616 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.5137% | 2,899 |
| Loan loss allowance to noncurrent loans | 1,430.5085% | 302 |
| Noncurrent assets plus other real estate owned to assets | 0.0785% | 7,360 |
| Noncurrent loans to loans | 0.1058% | 7,226 |
| Net loans and leases to total assets | 73.1053% | 2,985 |
| Net loans and leases to deposits | 99.3670% | 1,495 |
| Net loans and leases to core deposits | 112.2382% | 3,197 |
| Total domestic deposits to total assets | 73.5710% | 6,954 |
| Equity capital to assets | 7.4531% | 7,393 |
| Core capital (leverage) ratio | 7.3816% | 7,294 |
| Tier 1 risk-based capital ratio | 12.5075% | 4,546 |
| Total risk-based capital ratio | 13.7663% | 4,454 |
| Memoranda: | ||
| Average total assets | $377,954,500 | 1,849 |
| Average earning assets | $358,438,500 | 1,793 |
| Average equity | $27,206,000 | 2,474 |
| Average total loans | $280,623,500 | 1,775 |
| 2008-12-31 | Rank | |
| Percentage of unprofitable institutions | NA | NA |
| Percentage of insitutions with earnings gains | NA | NA |
| Performance Ratios (%, annualized) | ||
| Yield on earning assets | 6.7692% | 1,791 |
| Cost of funding earning assets | 2.0165% | 6,360 |
| Net interest margin | 4.7527% | 860 |
| Noninterest income to average assets | 0.9303% | 1,854 |
| Noninterest expense to average assets | 2.3793% | 6,467 |
| Loan and lease loss provision to assets | 0.5631% | 2,564 |
| Net operating income to assets | 1.7201% | 652 |
| Return on assets (ROA) | 1.7811% | 551 |
| Pretax return on assets | 2.5839% | 162 |
| Return on Equity (ROE) | 27.0951% | 94 |
| Retained earnings to average equity (ytd only) | 27.0951% | 13 |
| Net charge-offs to loans | 0.0343% | 6,335 |
| Credit loss provision to net charge-offs | 2,415.5844% | 193 |
| Earnings coverage of net charge-offs (x) | 131.2078% | 339 |
| Efficiency ratio | 43.7535% | 8,022 |
| Assets per employee ($millions) | 7.4575% | 580 |
| Cash dividends to net income (ytd only)* | 0.0000% | 4,825 |
| Condition Ratios (%) | ||
| Loss allowance to loans | 1.3790% | 3,314 |
| Loan loss allowance to noncurrent loans | 1,333.9041% | 404 |
| Noncurrent assets plus other real estate owned to assets | 0.0768% | 7,262 |
| Noncurrent loans to loans | 0.1034% | 7,105 |
| Net loans and leases to total assets | 73.2427% | 3,298 |
| Net loans and leases to deposits | 103.5280% | 1,395 |
| Net loans and leases to core deposits | 115.4975% | 3,177 |
| Total domestic deposits to total assets | 70.7467% | 7,198 |
| Equity capital to assets | 6.9465% | 7,761 |
| Core capital (leverage) ratio | 6.9561% | 7,726 |
| Tier 1 risk-based capital ratio | 11.6172% | 5,141 |
| Total risk-based capital ratio | 12.8735% | 5,024 |
| Memoranda: | ||
| Average total assets | $330,310,400 | 2,024 |
| Average earning assets | $313,273,200 | 1,945 |
| Average equity | $21,712,400 | 3,012 |
| Average total loans | $224,702,600 | 2,086 |