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Gruver State Bank

Gruver, TX · Cert 16495

FDIC · 1 branch

Q2 2019

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: Q2 2019, the quarter ended June 30, 2019, 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

Gruver State Bank

Gruver, TX · Cert 16495

FDIC · 1 branch

Q2 2019

$72.1MAssets
$45.4MLoans
$54.2MDeposits
$8.5MEquity
Loan mix
62%RE $14.7M31%C&I $7.4M6%Consumer $1.5MQ2 2018Q2 2019
Deposit mix
71%Interest-bearing $38.3M29%Noninterest $16.0MQ2 2018Q2 2019

NIM

3.81%Q2 ’174.26%Q2 ’184.52%Q2 ’19+8%+2%

Non-interest income vs. expense

2.33%Q2 ’172.40%Q2 ’182.40%Q2 ’19-12%+6%

Executive Summary

  • Earnings: ROA of 1.94%, up 3 bps year over year; NIM at 3.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 12.11%, down 3 bps from a year ago.
  • Funding: loans stand at 83.75% of deposits as of Q2 2019.

Financial Results

Return on Assets (YTD, annualized)

1.94%+3 bps YoY

Net Interest Margin (YTD, annualized)

3.78%+6 bps YoY

Efficiency Ratio (YTD, annualized)

54.91%+58 bps YoY

Tier 1 Leverage Ratio

12.11%-3 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2018Q3 2018Q4 2018Q1 2019Q2 2019YoY ΔTrend
Earnings
Return on Assets1.91%1.90%1.86%1.66%1.94%+3 bps
Return on Equity18.16%18.01%17.46%14.96%17.19%-96 bps
Net Interest Margin3.72%3.59%3.60%3.76%3.78%+6 bps
Efficiency Ratio54.33%54.19%55.46%60.75%54.91%+58 bps
Non-Interest Burden1.71%1.68%1.77%2.12%1.81%+11 bps
Growth
Asset Growth (YoY)0.14%-2.82%-6.56%8.78%6.88%+674 bps
Loan Growth (YoY)-5.96%3.13%4.86%11.76%18.61%+2,457 bps
Deposit Growth (YoY)-2.22%-0.76%-3.65%-1.54%-3.81%-158 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.13%-0.09%-0.10%-0.02%-0.01%+12 bps
Allowance / Loans1.22%1.12%1.20%1.21%1.07%-15 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio12.14%11.77%11.72%11.67%12.11%-3 bps
Total Risk-Based Capital19.81%18.72%19.79%19.46%17.95%-187 bps
Equity / Assets10.83%10.61%11.19%10.94%11.75%+92 bps
Liquidity & Funding
Loans / Deposits67.92%74.91%69.86%70.20%83.75%+1,583 bps
Liquid Assets / Assets4.29%3.39%6.40%12.21%4.35%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a