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State Bank of Seaton

Seaton, IL · Cert 11705

FDIC

Q4 2013

$65.5MAssets
$37.6MLoans
$52.1MDeposits
$5.1MEquity
Loan mix
76%RE $18.6M23%C&I $5.7M0%Consumer $0.1MQ4 2012Q4 2013
Deposit mix
94%Interest-bearing $48.8M6%Noninterest $3.2MQ4 2012Q4 2013

NIM

4.43%Q4 ’114.10%Q4 ’120.54%Q4 ’13-1%-85%

Non-interest income vs. expense

2.08%Q4 ’112.65%Q4 ’120.37%Q4 ’13+27%-88%

Executive Summary

  • Earnings: ROA of 0.09%, up 218 bps year over year; NIM at 0.50%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 72.21% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

0.09%+218 bps YoY

Net Interest Margin (YTD, annualized)

0.50%-279 bps YoY

Efficiency Ratio (YTD, annualized)

63.76%-1,804 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets-2.09%0.68%-1.31%0.48%0.09%+218 bps
Return on Equity-26.17%10.48%-21.26%7.58%1.40%+2,757 bps
Net Interest Margin3.29%2.87%2.78%3.01%0.50%-279 bps
Efficiency Ratio81.80%77.80%81.90%75.98%63.76%-1,804 bps
Non-Interest Burden2.70%2.15%2.23%2.21%0.33%-237 bps
Growth
Asset Growth (YoY)-12.65%-4.78%-6.00%-9.83%-7.39%+526 bps
Loan Growth (YoY)-5.46%-5.39%-8.46%-6.92%-19.83%-1,436 bps
Deposit Growth (YoY)-13.10%-8.69%-5.85%-8.88%-10.95%+215 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.60%0.48%5.32%4.03%0.00%-160 bps
Allowance / Loans6.37%6.14%5.09%4.07%0.04%-633 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 Capital10.87%10.79%10.02%12.10%9.69%-117 bps
Equity / Assets6.53%6.36%5.57%7.15%7.74%+122 bps
Liquidity & Funding
Loans / Deposits80.21%78.64%77.93%77.59%72.21%-800 bps
Liquid Assets / Assets0.50%0.46%1.48%0.37%0.38%-12 bps
CRE / Total Capitaln/an/an/an/an/an/an/a