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Eastland National Bank

Eastland, TX · Cert 14861

FDIC

Q3 2012

$226.2MAssets
$73.0MLoans
$200.4MDeposits
$22.1MEquity
Loan mix
68%RE $39.6M18%C&I $10.5M14%Consumer $8.4MQ3 2011Q3 2012
Deposit mix
56%Interest-bearing $111.3M44%Noninterest $89.0MQ3 2011Q3 2012

NIM

4.81%Q3 ’104.29%Q3 ’113.65%Q3 ’12-8%-14%

Non-interest income vs. expense

2.76%Q3 ’102.60%Q3 ’112.34%Q3 ’12+0%-11%

Executive Summary

  • Earnings: ROA of 1.41%, down 31 bps year over year; NIM at 3.53%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.49%.
  • Funding: loans stand at 36.45% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

1.41%-31 bps YoY

Net Interest Margin (quarter, annualized)

3.53%-56 bps YoY

Efficiency Ratio (quarter, annualized)

52.56%+202 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets1.72%1.57%1.51%1.52%1.41%-31 bps
Return on Equity15.92%14.14%14.57%14.56%13.73%-219 bps
Net Interest Margin4.09%3.62%3.58%3.58%3.53%-56 bps
Efficiency Ratio50.54%50.45%51.44%51.91%52.56%+202 bps
Non-Interest Burden1.59%1.40%1.43%1.43%1.42%-17 bps
Growth
Asset Growth (YoY)10.88%15.48%9.15%5.68%32.22%+2,135 bps
Loan Growth (YoY)-2.97%-3.55%-2.50%5.74%5.64%+861 bps
Deposit Growth (YoY)13.02%15.89%9.32%6.08%37.27%+2,425 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%1.06%0.46%0.17%0.49%+50 bps
Allowance / Loans1.87%1.80%1.73%1.72%1.68%-19 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 Capital17.03%17.30%17.33%17.48%16.84%-19 bps
Equity / Assets11.61%10.67%10.03%10.82%9.78%-183 bps
Liquidity & Funding
Loans / Deposits47.36%41.78%38.29%42.35%36.45%-1,091 bps
Liquid Assets / Assets6.20%11.40%10.20%6.81%0.31%-589 bps
CRE / Total Capitaln/an/an/an/an/an/an/a