Financial Highlights :: Investor Relations :: Advantage Bank

Financial Highlights

Trend Analysis--Quarterly (click here for Annual Analysis)

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Balance Sheet ($000)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Loans Held for Investment, before Reserves	696,931	789,113	(11.68)	711,943	(8.43)
Loans Held for Sale, before Reserves	2,186	2,828	(22.70)	5,370	(237.17)
Loan Loss Reserve	12,505	7,465	67.52	15,466	(76.58)
Net Loans Receivable	686,612	784,476	(12.48)	701,847	(8.68)
Intangible Assets	0	6,683	NM	0	0.00
Total Assets	891,422	1,025,985	(13.12)	943,151	(21.94)
Deposits	670,391	730,590	(8.24)	711,603	(23.17)
Debt, Senior and Subordinated	133,880	189,866	(29.49)	146,436	(34.30)
Common Equity	72,599	86,579	(16.15)	71,930	3.72
Total Shareholders' Equity	72,599	86,579	(16.15)	71,930	3.72
Shares Outstanding (actual)	7,155,596	7,155,595	0.00	7,155,596	0.00

Income Statement ($000)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Net Interest Income	6,179	6,666	(7.31)	5,884	20.05
Provision for Loan Losses	440	590	(25.42)	790	(177.22)
Noninterest Income	1,612	1,804	(10.64)	2,262	(114.94)
Noninterest Expense	7,249	6,389	13.46	6,445	49.90
Net Income Before Taxes	102	1,294	(92.12)	463	(311.88)
Provision for Taxes	(253)	225	NM	461	NM
Net Income	355	1,069	(66.79)	2	70,600.00

Per Share Items ($)
	2009 Q3	2008 Q3	Y-Y Ch (%)	2009 Q2	Q-Q Ch (%)^†
Book Value per Share	10.08	12.10	(16.69)	9.98	4.01
Tangible Book Value	10.08	11.17	(9.73)	9.98	4.01
Diluted EPS Before Extra	0.05	0.15	(66.67)	0.00	NM
Diluted EPS After Extra	0.05	0.15	(66.67)	0.00	NM
Dividends Declared	0.0000	0.0750	NM	0.0100	NM

Performance Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
ROAA	0.16	0.42	(26)	0.00	16
ROAE	1.97	4.98	(301)	0.01	196
Net Interest Margin	3.07	2.82	25	2.82	25
Loans / Deposits	103.96	108.01	(405)	100.05	391
Efficiency Ratio	93.04	77.76	1,528	84.62	842

Balance Sheet Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Tangible Equity/ Tangible Assets	8.14	7.84	31	7.63	52
Equity/ Assets	8.14	8.44	(29)	7.63	52

Asset Quality Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Nonperforming Assets/ Assets	6.82	3.27	355	6.79	3
Loan Loss Reserves/ Gross Loans	1.79	0.94	85	2.16	(37)
Loan Loss Reserves/ NPAs	20.57	22.12	(155)	24.15	(358)
Net Charge-offs/ Avg Loans	2.09	0.68	141	0.71	138

Regulatory Capital Ratios (%)
	2009 Q3	2008 Q3	Y-Y Ch (bp)	2009 Q2	Q-Q Ch (bp)
Tier 1 Capital Ratio	12.51	12.08	43	12.19	32

^† Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

*	Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.


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