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Wednesday, November 13, 2024
 

MANAGING DIRECTOR:
Scott Carrithers
 
PORTFOLIO SALES AND SERVICE:
Chris Thompson • Sean Doherty • Kevin Doyle • Mark Tranckino • Brian Schaff
Natalie Regan • Aaron Stoffer • David Farris • Jeff Macy 
Josh Kiefer • Tom Toburen • Todd Czinege • Trey Valentine • Cody Kreutziger

US Treasury Market
Date 1 mo 3 mo 6 mo 1 yr 2 yr 3 yr 5 yr 7 yr 10 yr 20 yr 30 yr
11/05/24 4.61 4.54 4.42 4.25 4.18 4.14 4.15 4.21 4.27 4.56 4.44
11/06/24 4.57 4.54 4.44 4.32 4.26 4.23 4.28 4.37 4.43 4.71 4.61
11/07/24 4.57 4.54 4.42 4.27 4.20 4.16 4.17 4.25 4.33 4.63 4.53
11/08/24 4.59 4.53 4.45 4.31 4.26 4.20 4.19 4.25 4.31 4.58 4.47
11/12/24 4.58 4.54 4.47 4.37 4.34 4.30 4.31 4.38 4.43 4.69 4.57

The data in the table above is static as of the time it was pulled, so rates may have changed. Treat all data in this table and PMR as indications only and availability is always subject to change. This information was pulled manually from sources we believe to be reliable. New source, as of 12/12/2022, Bloomberg, L.L.P.  As of: close of business 11/12/2024.

                                                                                                                                                                                        

Balance Sheet Changes

Interested in how banks have begun to react to the changes in Interest rates?
To get a little context, we looked at all banks on BancPath 6 months ago, compared against 9/30.

Some interesting highlights:
     The Average Loan Portfolio has increased by 4.61%. (+11.30% Y-o-Y)                                                       
            Loan Yields have increased by 19 bp's.                                                                                   
            Loan Offering Rates have decreased by 26 bp's.                                                                              
            Loan Portfolio Duration has decreased by 0.17 years.                                                                               
            Portfolio mix shifted from 60% fixed to 59% fixed.                                                                         
            Biggest movers were AG, which went from 62% fixed to 58% fixed and RE, which went from 59% fixed to
            57% fixed. 
                                                                 
     Total Deposits have increased by 2.71%.      (+8.37% Y-o-Y)                                                                  
            Deposit Yields have increased by 2 bp's.                                                                                
            Deposit Offering Rates have decreased by 12 bp's.                                                                        
            The Duration for Deposits has decreased by 0.11 years.              

     The Average Investment Portfolio has shrunk by -0.76%.  (-1.20% Y-o-Y)                                                    
            Portfolio Yields have increased by 20 bp's.                                                    
            Market rates have decreased by 69 bp's.                                                      
            Portfolio Duration has decreased by 0.20 years.                                                                                                                                                     
Earnings numbers are generally positive with NIM +.14% to 3.30% and ROA averaging 1.04%, up 7 bp’s over the 6 month period. FHLB Advances have increased significantly (up 16.29% in 6 months), while the cost of these borrowing have declined 0.74%.

Details in the tear sheet below.
 


We appreciate your continued confidence in all of us here at Country Club Bank, feel free to reach out to us if we can help in any way.
 



This information is intended for institutional investors only. The material provided in this document/presentation is for informational purposes only and is intended solely for private use. Past performance is not indicative of future results. This material is not intended as an offer or solicitation for the purchase or sale of any financial instruments.

•Not FDIC Insured •No Bank Guarantee •May Lose Value