Prior Lake State Bank

Prior Lake, MN · Cert 10166

FDIC · 3 branches

Q3 2014

$209.8MAssets

$109.0MLoans

$183.6MDeposits

$26.0MEquity

Loan mix

Deposit mix

NIM

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2014 SOD (annual) · 0.1% share · #44 of 159 inst. · $0.2B of $212.7B

Earnings: ROA of 0.59%, down 125 bps year over year; NIM at 1.36%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
Funding: loans stand at 59.39% of deposits as of Q3 2014.

Return on Assets (YTD, annualized)

0.59%-125 bps YoY

Net Interest Margin (YTD, annualized)

1.36%-164 bps YoY

Efficiency Ratio (YTD, annualized)

53.13%+701 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	1.85%	1.82%	1.70%	0.21%	0.59%	-125 bps
Return on Equity	13.87%	13.61%	12.51%	1.57%	4.61%	-927 bps
Net Interest Margin	3.00%	2.94%	2.84%	0.45%	1.36%	-164 bps
Efficiency Ratio	46.12%	51.97%	46.92%	60.15%	53.13%	+701 bps
Non-Interest Burden	1.16%	1.40%	1.15%	0.24%	0.65%	-51 bps
Growth
Asset Growth (YoY)	2.14%	0.20%	5.00%	8.27%	3.69%	+155 bps
Loan Growth (YoY)	9.86%	9.13%	5.46%	0.95%	-0.77%	-1,063 bps
Deposit Growth (YoY)	1.84%	-0.30%	4.61%	10.31%	5.19%	+336 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.03%	-0.03%	-0.13%	-0.01%	-0.03%	0 bps
Allowance / Loans	2.03%	1.54%	1.61%	0.01%	0.02%	-200 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	22.21%	21.24%	23.11%	15.56%	15.53%	-668 bps
Equity / Assets	13.46%	13.43%	13.68%	12.12%	12.37%	-109 bps
Liquidity & Funding
Loans / Deposits	62.95%	63.29%	61.09%	58.71%	59.39%	-357 bps
Liquid Assets / Assets	0.54%	1.13%	1.12%	0.94%	0.76%	+22 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a