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De Soto State Bank

De Soto, KS · Cert 10908

FDIC · 3 branches

Q2 2014

$78.3MAssets
$60.2MLoans
$60.1MDeposits
$11.9MEquity
Loan mix
93%RE $38.9M6%C&I $2.6M1%Consumer $0.3MQ2 2013Q2 2014
Deposit mix
84%Interest-bearing $50.3M16%Noninterest $9.8MQ2 2013Q2 2014

NIM

5.39%Q2 ’125.52%Q2 ’135.18%Q2 ’14+5%-5%

Non-interest income vs. expense

3.37%Q2 ’123.50%Q2 ’134.24%Q2 ’14+0%-44%

Market Position · Kansas City, MO-KS · 2014 SOD (annual) · 0.1% share · #84 of 136 inst. · $0.1B of $46.5B

0.2% Johnson
0.1% Jackson

Executive Summary

  • Earnings: ROA of 2.70%, up 107 bps year over year; NIM at 4.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.19%.
  • Funding: loans stand at 100.17% of deposits as of Q2 2014.

Financial Results

Return on Assets (quarter, annualized)

2.70%+107 bps YoY

Net Interest Margin (quarter, annualized)

4.67%-24 bps YoY

Efficiency Ratio (quarter, annualized)

58.15%-648 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets1.63%1.87%1.62%1.48%2.70%+107 bps
Return on Equity10.87%12.15%10.22%9.22%17.35%+648 bps
Net Interest Margin4.91%5.35%5.05%5.31%4.67%-24 bps
Efficiency Ratio64.63%61.95%68.75%69.44%58.15%-648 bps
Non-Interest Burden3.11%3.26%3.23%3.67%1.75%-137 bps
Growth
Asset Growth (YoY)30.28%32.39%-2.56%-3.88%0.90%-2,938 bps
Loan Growth (YoY)23.81%23.58%8.03%8.81%7.78%-1,603 bps
Deposit Growth (YoY)41.34%44.39%-4.61%-5.80%0.97%-4,037 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.05%-0.02%-0.01%-0.03%0.19%+24 bps
Allowance / Loans1.89%1.94%1.92%1.86%1.87%-2 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital15.07%15.64%15.66%14.72%14.77%-30 bps
Equity / Assets15.19%15.64%16.05%15.98%15.21%+1 bps
Liquidity & Funding
Loans / Deposits93.84%95.28%99.59%107.54%100.17%+633 bps
Liquid Assets / Assets0.90%3.46%3.44%1.33%1.25%+35 bps
CRE / Total Capitaln/an/an/an/an/an/an/a