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Wilson State Bank

Wilson, TX · Cert 14594

FDIC

Q2 2007

$46.7MAssets
$13.1MLoans
$43.1MDeposits
$3.3MEquity
Deposit mix
74%Interest-bearing $32.1M26%Noninterest $11.0MQ2 2006Q2 2007

NIM

4.52%Q2 ’055.14%Q2 ’065.77%Q2 ’07-3%+1%

Non-interest income vs. expense

3.15%Q2 ’053.14%Q2 ’063.72%Q2 ’070%+24%

Executive Summary

  • Earnings: ROA of -4.17%, down 509 bps year over year; NIM at 3.25%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.00%.
  • Funding: loans stand at 30.33% of deposits as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

-4.17%-509 bps YoY

Net Interest Margin (YTD, annualized)

3.25%+3 bps YoY

Efficiency Ratio (YTD, annualized)

90.80%+1,343 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets0.92%0.92%0.93%-0.21%-4.17%-509 bps
Return on Equity9.33%9.32%9.30%-1.98%-44.40%-5,373 bps
Net Interest Margin3.23%3.37%3.28%3.11%3.25%+3 bps
Efficiency Ratio77.37%77.65%75.82%85.03%90.80%+1,343 bps
Non-Interest Burden2.31%2.43%2.25%2.52%2.88%+57 bps
Growth
Asset Growth (YoY)-1.46%0.86%0.72%-4.55%-1.25%+20 bps
Loan Growth (YoY)1.08%-12.29%-4.85%7.82%0.82%-26 bps
Deposit Growth (YoY)2.35%3.97%1.74%-5.76%0.43%-192 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.74%0.38%0.21%-0.26%2.00%+126 bps
Allowance / Loans2.14%2.22%2.24%2.49%2.94%+80 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 Capital28.33%29.28%28.90%28.50%19.69%-864 bps
Equity / Assets8.78%9.75%10.48%10.48%7.12%-166 bps
Liquidity & Funding
Loans / Deposits30.21%31.22%31.43%28.19%30.33%+12 bps
Liquid Assets / Assets1.74%0.28%0.69%2.90%0.54%-120 bps
CRE / Total Capitaln/an/an/an/an/an/an/a