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Saint Martin Bank and Trust Company

Saint Martinville, LA · Cert 12610

FDIC · 12 branches

Q3 2017

$591.3MAssets
$458.9MLoans
$505.5MDeposits
$62.2MEquity
Loan mix
83%RE $296.2M10%C&I $34.9M7%Consumer $25.5MQ3 2016Q3 2017
Deposit mix
67%Interest-bearing $338.5M33%Noninterest $167.0MQ3 2016Q3 2017

NIM

5.01%Q3 ’155.00%Q3 ’164.77%Q3 ’17-1%-5%

Non-interest income vs. expense

2.70%Q3 ’152.58%Q3 ’162.65%Q3 ’17-4%+4%

Market Position · Lafayette, LA · 2017 SOD (annual) · 3.7% share · #7 of 39 inst. · $0.4B of $11.5B

26.4% St. Martin
2.6% Lafayette
9.6% Acadia
14.8% Jefferson Davis

Executive Summary

  • Earnings: ROA of 2.35%, down 35 bps year over year; NIM at 4.42%.
  • Asset quality: problem loans at 1.12% of loans (+112 bps YoY), with net charge-offs at 0.09%.
  • Capital: tier 1 leverage ratio of 9.77%, up 8 bps from a year ago.
  • Funding: loans stand at 90.79% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

2.35%-35 bps YoY

Net Interest Margin (YTD, annualized)

4.42%-23 bps YoY

Efficiency Ratio (YTD, annualized)

51.28%+377 bps YoY

Tier 1 Leverage Ratio

9.77%+8 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets2.70%2.32%2.09%2.16%2.35%-35 bps
Return on Equity26.88%23.34%21.57%22.09%23.53%-336 bps
Net Interest Margin4.65%4.46%4.37%4.35%4.42%-23 bps
Efficiency Ratio47.52%51.84%54.15%53.08%51.28%+377 bps
Non-Interest Burden1.85%1.98%2.07%1.99%1.92%+8 bps
Growth
Asset Growth (YoY)7.42%7.79%6.50%7.59%3.83%-358 bps
Loan Growth (YoY)4.59%5.72%5.14%3.94%3.19%-141 bps
Deposit Growth (YoY)5.88%7.22%6.36%8.21%5.00%-88 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%1.04%1.01%1.12%+112 bps
Net Charge-Offs / Loans0.04%0.26%0.09%0.08%0.09%+5 bps
Allowance / Loans1.33%1.30%1.31%1.34%1.32%-2 bps
Allowance Coverage of NPLsn/an/a1.3x1.3x1.2xn/a
Capital
Tier 1 Leverage Ratio9.69%9.07%9.25%9.36%9.77%+8 bps
Total Risk-Based Capital11.89%11.48%11.77%12.14%12.57%+68 bps
Equity / Assets10.34%9.64%9.70%10.04%10.52%+17 bps
Liquidity & Funding
Loans / Deposits92.39%89.25%87.96%89.35%90.79%-160 bps
Liquid Assets / Assets6.52%9.22%10.30%8.91%7.19%+67 bps
CRE / Total Capitaln/an/an/an/an/an/an/a