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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

4.68%Q2 ’055.29%Q2 ’065.74%Q2 ’07-3%-2%

Non-interest income vs. expense

3.08%Q2 ’053.10%Q2 ’063.90%Q2 ’07-1%+37%

Executive Summary

  • Earnings: ROA of -8.11%, down 912 bps year over year; NIM at 3.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.25%.
  • Funding: loans stand at 30.33% of deposits as of Q2 2007.

Financial Results

Return on Assets (quarter, annualized)

-8.11%-912 bps YoY

Net Interest Margin (quarter, annualized)

3.20%-6 bps YoY

Efficiency Ratio (quarter, annualized)

96.77%+2,143 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets1.01%0.91%0.97%-0.21%-8.11%-912 bps
Return on Equity11.05%9.86%9.58%-1.98%-91.77%-10,282 bps
Net Interest Margin3.26%3.35%3.11%3.11%3.20%-6 bps
Efficiency Ratio75.35%78.21%70.73%85.03%96.77%+2,143 bps
Non-Interest Burden2.24%2.43%1.79%2.52%3.07%+83 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 / Loans-0.09%-0.34%-0.27%-0.26%4.25%+434 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