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Southside Bank

Tappahannock, VA · Cert 11584

FDIC · 28 branches

Q1 2017

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: Q1 2017, the quarter ended March 31, 2017, 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

Southside Bank

Tappahannock, VA · Cert 11584

FDIC · 28 branches

Q1 2017

$1.4BAssets
$1.1BLoans
$1.2BDeposits
$150.8MEquity
Loan mix
80%RE $719.4M15%C&I $139.1M5%Consumer $44.3MQ2 2015Q1 2017
Deposit mix
87%Interest-bearing $1.0B13%Noninterest $0.2BQ2 2015Q1 2017

Return on Assets (YTD, annualized)

0.76%-7 bps YoY

Net Interest Margin (YTD, annualized)

3.55%-12 bps YoY

Efficiency Ratio (YTD, annualized)

71.47%+77 bps YoY

Tier 1 Leverage Ratio

9.62%+7 bps YoY

NIM

3.98%Q1 ’153.97%Q1 ’163.96%Q1 ’17-1%-3%

Non-interest income vs. expense

3.26%Q1 ’152.89%Q1 ’162.77%Q1 ’17-13%-1%

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Return on Assets0.64%0.69%0.73%0.83%0.80%0.79%0.79%0.76%-7 bps
Net Interest Margin3.70%3.60%3.56%3.66%3.60%3.59%3.51%3.55%-12 bps
Non-Interest Burden2.77%2.62%2.53%2.42%2.43%2.45%2.41%2.41%-1 bps
Loan Growth (YoY)20.45%21.94%7.34%11.36%8.17%8.73%17.31%17.88%+652 bps
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.64%+64 bps
Allowance / Loans1.46%1.39%1.29%1.20%1.15%1.12%1.09%1.02%-18 bps
Tier 1 Leverage Ratio9.39%9.34%9.46%9.55%9.69%9.90%9.87%9.62%+7 bps
Equity / Assets10.93%11.03%10.94%11.19%11.35%11.36%10.56%10.43%-76 bps
Liquid Assets / Assets3.04%3.35%3.78%2.53%3.27%3.21%2.85%2.97%+43 bps