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Community State Bank

Houston, TX · Cert 1194

FDIC

Q3 2008

$135.6MAssets
$126.0MLoans
$117.6MDeposits
$14.5MEquity
Deposit mix
90%Interest-bearing $106.0M10%Noninterest $11.6MQ3 2007Q3 2008

NIM

8.15%Q3 ’068.48%Q3 ’076.15%Q3 ’08-2%-36%

Non-interest income vs. expense

6.07%Q3 ’065.67%Q3 ’073.98%Q3 ’08-8%-31%

Executive Summary

  • Earnings: ROA of -2.00%, down 18 bps year over year; NIM at 3.06%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.61%.
  • Funding: loans stand at 107.08% of deposits as of Q3 2008.

Financial Results

Return on Assets (quarter, annualized)

-2.00%-18 bps YoY

Net Interest Margin (quarter, annualized)

3.06%-171 bps YoY

Efficiency Ratio (quarter, annualized)

119.01%+846 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008YoY ΔTrend
Earnings
Return on Assets-1.82%-1.73%-0.22%-0.88%-2.00%-18 bps
Return on Equity-20.15%-18.14%-1.95%-7.64%-18.04%+211 bps
Net Interest Margin4.78%3.00%4.06%3.12%3.06%-171 bps
Efficiency Ratio110.54%116.49%85.89%110.49%119.01%+846 bps
Non-Interest Burden5.36%3.57%3.43%3.51%3.72%-164 bps
Growth
Asset Growth (YoY)31.62%1.85%54.36%51.89%46.42%+1,480 bps
Loan Growth (YoY)36.46%47.75%74.94%82.36%64.90%+2,844 bps
Deposit Growth (YoY)36.98%-4.08%48.47%48.47%39.56%+257 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.87%0.59%0.12%0.06%0.61%-27 bps
Allowance / Loans1.10%1.09%1.09%1.10%1.24%+15 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 Capital8.75%10.97%11.63%11.47%11.20%+246 bps
Equity / Assets8.53%10.50%11.49%11.48%10.72%+219 bps
Liquidity & Funding
Loans / Deposits90.62%102.22%100.18%103.64%107.08%+1,646 bps
Liquid Assets / Assets0.58%0.01%0.02%0.05%0.01%-57 bps
CRE / Total Capitaln/an/an/an/an/an/an/a