Page 5 - First Pioneer National Bank

Definition First Pioneer National First Pioneer
Bank National Bank
Wray, CO Wray, CO
September 30, 2017 September 30,
2016
Performance and Condition Ratios
1 % of unprofitable institutions N/A N/A
2 % of institutions with earnings gains N/A N/A

Performance Ratios (%, annualized) (Year-to-date) (Year-to-date)
3 Yield on earning assets 3.65% 3.58%
4 Cost of funding earning assets 0.36% 0.35%
5 Net interest margin 3.30% 3.23%
6 Noninterest income to assets 0.30% 0.31%
7 Noninterest expense to assets 2.07% 2.14%
8 Loan and lease loss provision to assets 0 0.02%
9 Net operating income to assets 1.03% 0.96%
10 Return on assets (ROA) 1.03% 0.96%
11 Pretax return on assets 1.38% 1.27%
12 Return on equity (ROE) 7.72% 7.27%
13 Retained earnings to average equity (YTD only) 4.31% 4.17%
0.01% 0.01%
14 Net charge-offs to loans and leases
15 Loan and lease loss provision to net charge-offs 0 357.14%
16 Earnings coverage of net loan charge-offs (x) 298.33 234.65
17 Efficiency ratio 59.96% 62.44%

18 Assets per employee ($ millions) 6.38 6.42
19 Cash dividends to net income (YTD only) 44.16% 42.65%
Condition Ratios (%)
20 Earning assets to total assets 94.51% 95.09%
21 Loss allowance to loans and leases 1.38% 1.32%
22 Loss allowance to noncurrent loans and leases 600.00% 194.48%
23 Noncurrent assets plus other real estate owned to assets 0.15% 0.46%
0.23% 0.68%
24 Noncurrent loans to loans
25 Net loans and leases to assets 64.10% 66.05%
26 Net loans and leases to deposits 76.58% 79.31%
27 Net loans and leases to core deposits 80.96% 83.20%

28 Domestic deposits to total assets 83.70% 83.28%
29 Equity capital to assets 13.65% 13.75%
30 Core capital (leverage) ratio 13.63% 13.31%
31 Tier 1 risk-based capital ratio 18.82% 18.28%
32 Total risk-based capital ratio 20.07% 19.50%