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Vernon Bank, The

Leesville, LA · Cert 10526

FDIC · 2 branches

Q2 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2015, the quarter ended June 30, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Vernon Bank, The

Leesville, LA · Cert 10526

FDIC · 2 branches

Q2 2015

$74.8MAssets
$55.2MLoans
$66.9MDeposits
$7.8MEquity
Loan mix
79%RE $40.7M9%C&I $4.5M12%Consumer $6.1MQ2 2014Q2 2015
Deposit mix
56%Interest-bearing $37.3M44%Noninterest $29.6MQ2 2014Q2 2015

NIM

4.55%Q2 ’134.65%Q2 ’144.67%Q2 ’15+5%+1%

Non-interest income vs. expense

3.81%Q2 ’133.74%Q2 ’143.88%Q2 ’15-6%+11%

Executive Summary

  • Earnings: ROA of 1.25%, down 21 bps year over year; NIM at 4.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.86%.
  • Capital: tier 1 leverage ratio of 9.89%.
  • Funding: loans stand at 82.42% of deposits as of Q2 2015.

Financial Results

Return on Assets (YTD, annualized)

1.25%-21 bps YoY

Net Interest Margin (YTD, annualized)

4.47%+3 bps YoY

Efficiency Ratio (YTD, annualized)

72.71%+424 bps YoY

Tier 1 Leverage Ratio

9.89%

Year to date, annualized, through each quarter.

MetricQ2 2014Q3 2014Q4 2014Q1 2015Q2 2015YoY ΔTrend
Earnings
Return on Assets1.47%1.43%1.44%1.39%1.25%-21 bps
Return on Equity15.93%15.34%15.35%14.06%12.48%-344 bps
Net Interest Margin4.44%4.47%4.48%4.48%4.47%+3 bps
Efficiency Ratio68.47%68.60%68.10%69.70%72.71%+424 bps
Non-Interest Burden2.72%2.76%2.74%2.85%3.01%+30 bps
Growth
Asset Growth (YoY)1.59%6.79%5.97%2.64%-2.54%-413 bps
Loan Growth (YoY)10.95%14.93%15.83%8.08%0.04%-1,091 bps
Deposit Growth (YoY)1.47%6.61%5.32%1.53%-3.27%-474 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.39%0.27%0.27%0.00%0.86%+47 bps
Allowance / Loans0.98%1.06%1.09%1.20%0.86%-11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/a9.79%9.89%n/a
Total Risk-Based Capital15.55%15.84%15.71%16.90%17.26%+171 bps
Equity / Assets9.45%9.59%9.68%10.08%10.40%+95 bps
Liquidity & Funding
Loans / Deposits79.69%79.89%82.54%80.43%82.42%+273 bps
Liquid Assets / Assets3.00%2.59%2.61%1.97%2.07%-92 bps
CRE / Total Capitaln/an/an/an/an/an/an/a