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United Bank & Trust Company

Versailles, KY · Cert 15608

FDIC · 13 branches

Q4 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2016, the quarter ended December 31, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

United Bank & Trust Company

Versailles, KY · Cert 15608

FDIC · 13 branches

Q4 2016

$473.2MAssets
$322.3MLoans
$390.0MDeposits
$57.6MEquity
Loan mix
95%RE $220.3M4%C&I $8.6M1%Consumer $1.9MQ4 2015Q4 2016
Deposit mix
71%Interest-bearing $277.1M29%Noninterest $112.9MQ4 2015Q4 2016

NIM

3.65%Q4 ’143.67%Q4 ’153.88%Q4 ’16+3%+10%

Non-interest income vs. expense

3.17%Q4 ’143.21%Q4 ’153.70%Q4 ’16-9%+20%

Market Position · Lexington-Fayette, KY · 2016 SOD (annual) · 4.0% share · #8 of 37 inst. · $0.4B of $9.4B

27.4% Scott
29.1% Woodford
14.2% Jessamine
0.2% Fayette

Executive Summary

  • Earnings: ROA of 0.46%, down 28 bps year over year; NIM at 3.43%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 12.38%, down 51 bps from a year ago.
  • Funding: loans stand at 82.63% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

0.46%1-28 bps YoY

Net Interest Margin (YTD, annualized)

3.43%+31 bps YoY

Efficiency Ratio (YTD, annualized)

91.86%+861 bps YoY

Tier 1 Leverage Ratio

12.38%-51 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets0.75%0.38%0.45%0.45%10.46%1-28 bps
Return on Equity5.90%2.90%3.47%3.48%3.61%-229 bps
Net Interest Margin3.12%3.07%3.06%3.14%3.43%+31 bps
Efficiency Ratio83.24%86.47%83.67%95.78%91.86%+861 bps
Non-Interest Burden2.58%2.60%2.48%2.98%3.10%+52 bps
Growth
Asset Growth (YoY)-1.86%-1.41%0.93%-8.24%-8.04%-618 bps
Loan Growth (YoY)8.87%13.40%10.97%8.24%7.02%-185 bps
Deposit Growth (YoY)-3.09%-3.10%1.15%1.02%3.18%+627 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%0.02%0.02%0.03%0.03%+4 bps
Allowance / Loans1.19%1.14%1.15%1.12%1.09%-11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio12.89%12.93%12.05%12.46%12.38%-51 bps
Total Risk-Based Capital19.68%19.40%18.20%18.51%16.47%-321 bps
Equity / Assets12.97%13.07%12.54%13.52%12.18%-79 bps
Liquidity & Funding
Loans / Deposits79.67%80.23%81.11%81.39%82.63%+296 bps
Liquid Assets / Assets4.09%5.05%3.94%6.21%3.39%-70 bps
CRE / Total Capitaln/an/an/an/an/an/an/a