Lafayette Savings Bank, Federal Savings Bank

Lafayette, IN · Cert 11990

FDIC · 5 branches

Q3 2014

$358.3MAssets

$261.7MLoans

$305.3MDeposits

$41.1MEquity

Loan mix

Deposit mix

NIM

Market Position · Lafayette-West Lafayette, IN · 2014 SOD (annual) · 10.8% share · #4 of 20 inst. · $0.3B of $2.9B

Earnings: ROA of 0.40%, down 40 bps year over year; NIM at 3.04%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.09%.
Funding: loans stand at 85.74% of deposits as of Q3 2014.

Return on Assets (quarter, annualized)

0.40%-40 bps YoY

Net Interest Margin (quarter, annualized)

3.04%-10 bps YoY

Efficiency Ratio (quarter, annualized)

81.91%+1,354 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.80%	0.60%	0.64%	0.68%	0.40%	-40 bps
Return on Equity	7.32%	5.44%	5.79%	6.10%	3.51%	-381 bps
Net Interest Margin	3.15%	3.03%	3.03%	3.01%	3.04%	-10 bps
Efficiency Ratio	68.37%	74.90%	74.04%	70.05%	81.91%	+1,354 bps
Non-Interest Burden	1.83%	2.07%	2.02%	1.80%	2.31%	+47 bps
Growth
Asset Growth (YoY)	0.05%	0.93%	1.27%	0.84%	0.85%	+80 bps
Loan Growth (YoY)	-11.78%	-8.76%	-6.70%	-5.25%	0.21%	+1,199 bps
Deposit Growth (YoY)	1.07%	2.04%	0.97%	0.34%	0.46%	-61 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.05%	0.09%	-0.07%	0.62%	-0.09%	-4 bps
Allowance / Loans	2.45%	2.42%	2.44%	2.34%	2.35%	-10 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	17.35%	17.39%	17.48%	17.82%	17.64%	+29 bps
Equity / Assets	11.18%	10.93%	11.19%	11.22%	11.46%	+28 bps
Liquidity & Funding
Loans / Deposits	85.96%	83.00%	83.63%	82.41%	85.74%	-21 bps
Liquid Assets / Assets	6.43%	5.95%	5.67%	6.11%	3.71%	-273 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a