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Frontier Bank

Haddam, KS · Cert 15110

FDIC

Q2 2012

$5.7MAssets
$4.1MLoans
$4.8MDeposits
$810KEquity
Loan mix
73%RE $2.2M26%C&I $0.8M1%Consumer $0.0MQ2 2011Q2 2012
Deposit mix
90%Interest-bearing $4.3M10%Noninterest $0.5MQ2 2011Q2 2012

NIM

5.68%Q2 ’105.37%Q2 ’115.09%Q2 ’12-5%-5%

Non-interest income vs. expense

3.65%Q2 ’102.97%Q2 ’113.11%Q2 ’12-10%0%

Executive Summary

  • Earnings: ROA of 0.99%, down 33 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 85.87% of deposits as of Q2 2012.

Financial Results

Return on Assets (quarter, annualized)

0.99%-33 bps YoY

Net Interest Margin (quarter, annualized)

4.24%-21 bps YoY

Efficiency Ratio (quarter, annualized)

69.35%+428 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2011Q3 2011Q4 2011Q1 2012Q2 2012YoY ΔTrend
Earnings
Return on Assets1.32%1.30%1.03%0.94%0.99%-33 bps
Return on Equity9.10%8.37%6.39%6.21%6.98%-212 bps
Net Interest Margin4.45%4.61%4.47%4.31%4.24%-21 bps
Efficiency Ratio65.08%60.94%64.52%70.49%69.35%+428 bps
Non-Interest Burden2.97%2.93%3.01%3.16%2.97%0 bps
Growth
Asset Growth (YoY)19.04%13.59%1.72%-4.26%1.22%-1,781 bps
Loan Growth (YoY)7.02%5.13%-6.67%-7.16%1.47%-556 bps
Deposit Growth (YoY)23.53%15.29%-0.07%-3.08%1.90%-2,163 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.10%1.12%1.12%1.10%1.09%-2 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 Capital13.20%14.18%14.63%14.26%14.47%+127 bps
Equity / Assets15.07%16.11%16.23%14.17%14.20%-87 bps
Liquidity & Funding
Loans / Deposits86.23%89.67%89.20%86.59%85.87%-36 bps
Liquid Assets / Assets4.12%1.79%3.04%4.96%4.51%+39 bps
CRE / Total Capitaln/an/an/an/an/an/an/a