Size: total assets dominated by EB and NBOTR: NCNB is tiny with only $33 million in assets.

Asset utilization:

• ability of managers invest in on earning assets
• measured as ratio of earning assets to total assets
• highest utilization = SNB
• lowest utilization = NCNB
• better than average: (7) SNB, BOLC, EB, BOP, CLNB, BOW, SVB
• worse than average: (3) NCNB, LCB, NBOTR

• ability of managers increase liquidity of assets
• measured as ratio of assets held in the fed funds market to total assets
• highest= NCNB
• lowest= BOLC
• more than average: (4) NCNB, BOW, SVB, NBOTR,
• less than average: (6) BOLC, BOP, EB, SNB, LCB, CLNB

• ability of managers invest in on earning assets
• measured as ratio of total earning assets including fed funds to total assets
• highest utilization = BOW
• lowest utilization = LCB
• better than average: (8) BOW, SNB, SVB, EB, NCNB, CLNB, BOLC, NBOTR
• worse than average: (2) LCB, BOP

• managers' risk-return tradeoff in dividing earning assets between risky loans and riskless bonds
• measured as ratio of loans to all earning assets
• most conservative (safe): BOW
• least conservative (risky): SNB
• more conservative than average: (5) BOW, BOLC, EB, BOP, SVB
• less conservative than average: (5) SNB, NCNB, LCB, NBOTR, CLNB

• managers' ability to invest in high yield assets
• measured as overall yield as earning assets
• highest yield: SNB
• lowest yield: BOLC
• yield higher than average: (5) SNB, CLNB, NCNB, LCB, NBOTR
• yield lower than average: (5) BOLC, BOW, EB, SVB, BOP

• managers' ability to invest in high quality loans
• measured as ratio of loss allowance to loans
• lowest risk: SNB
• highest risk: BOLC
• risk lower than average: (5) SNB, EB, BOP, NCNB, LCB
• risk higher than average: (5) BOLC, BOW, NBOTR, SVB, CLNB

• owners' ability to absorb loan losses
• measured as ratio of equity capital to total assets
• most conservative: BOW
• least conservative: CLNB
• more conservative than average: (2) BOW, EB
• less conservative than average: (8) CLNB, BOP, SNB, SVB, NBOTR, BOLC, LCB, NCNB

• owners' ability to absorb loan losses
• measured as ratio of equity capital to loan loss allowance
• most conservative: EB
• least conservative: NBOTR
• more conservative than average: (3) EB, BOW, BOP
• less conservative than average: (7) NBOTR, CLNB, BOLC, SNB, SVB, LCB, NCNB

• managers' ability to attract deposits at low cost
• measured as overall cost of funding earning assets
• lowest cost: EB
• highest cost: SNB
• cost lower than average: (5) EB, SVB, NCNB, BOLC, BOW
• cost higher than average: (5) SNB, NBOTR, CLNB, LCB, BOP

• the spread is the engine of banking and managers must maintain as high a spread as possible within risk constraints
• measured as the differential between portfolio returns and cost of funds
• highest spread: NCNB
• losest spread: BOW
• spread higher than average: (7) NCNB, BOLC, NBOTR, BOP, SNB, LCB, CLNB
• spread lower than average: (3) BOW, EB, SVB

• the portion of the spread that remains after expenses and losses
• measured as gross spread + non-interest income - non-interest expense - provision for loan losses
• highest net spread: SNB
• lowest net spread: NCNB
• net spread higher than average: (8) SNB, BOW, SVB, BOLC, EB, LCB, CLNB, NCNB
• net spread lower than average: (2) NBOTR, BOP

• the ability of managers to control costs and conserve the spread
• measured as net spread divided by gross spread
• most efficient: BOW
• least efficient: NCNB
• more efficient than average: (8) BOW, SNB, BOLC, SVB, EB, BOP, LCB, CLNB
• less efficient than average: (2) NCNB, NBOTR

• managers' ability to generate net revenues per dollar of salary cost
• measured as pre-tax operating earnings divided by salary expense
• most productive: BOLC
• least productive: NCNB
• more productive than average: (8) BOLC, SNB, BOW, SVB, BOP, LCB, CLNB, NCNB
• less productive than average: (2) NBOTR, EB

• ability to repay depositors on demand
• measured as ratio of cash to demand deposits
• most liquid: LCB
• least liquid: BOW
• more liquid than average: (2) LCB, BOP
• less liquid than average: (8) BOW, SNB, SVB, CLNB, NBOTR, EB, NCNB, BOLC

• ability to repay depositors on demand
• measured as ratio of cash to demand deposits
• most liquid: LCB
• least liquid: BOW
• more liquid than average: (2) LCB, BOP
• less liquid than average: (8) BOW, SVB, SNB, NBOTR, NCNB, CLNB, BOLC