Sheridan State Bank

Sheridan, IL · Cert 16569

FDIC · 1 branch

Q4 2015

$30.7MAssets

$18.3MLoans

$26.8MDeposits

$3.9MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.66%, up 1 bps year over year; NIM at 2.80%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.

Return on Assets (YTD, annualized)

0.66%+1 bps YoY

Net Interest Margin (YTD, annualized)

2.80%+10 bps YoY

Efficiency Ratio (YTD, annualized)

68.00%+193 bps YoY

Tier 1 Leverage Ratio

10.41%

Year to date, annualized, through each quarter.

Metric	Q4 2014	Q1 2015	Q2 2015	Q3 2015	Q4 2015	YoY Δ	Trend
Earnings
Return on Assets	0.65%	0.64%	0.63%	0.65%	0.66%	+1 bps
Return on Equity	5.25%	5.28%	5.10%	5.27%	5.29%	+4 bps
Net Interest Margin	2.70%	2.60%	2.70%	2.75%	2.80%	+10 bps
Efficiency Ratio	66.08%	65.63%	68.55%	67.72%	68.00%	+193 bps
Non-Interest Burden	1.68%	1.58%	1.67%	1.68%	1.72%	+4 bps
Growth
Asset Growth (YoY)	2.75%	7.42%	2.63%	-1.15%	1.91%	-84 bps
Loan Growth (YoY)	0.07%	2.02%	1.80%	2.25%	2.70%	+263 bps
Deposit Growth (YoY)	2.72%	8.07%	2.66%	-1.81%	1.81%	-92 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.01%	0.00%	0.00%	0.02%	0.02%	+2 bps
Allowance / Loans	0.96%	0.99%	0.99%	0.98%	0.95%	-1 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	9.71%	10.03%	10.20%	10.41%	n/a
Total Risk-Based Capital	18.99%	19.19%	19.40%	20.54%	20.23%	+124 bps
Equity / Assets	12.53%	11.92%	12.39%	12.81%	12.70%	+17 bps
Liquidity & Funding
Loans / Deposits	67.70%	61.84%	64.87%	67.22%	68.29%	+60 bps
Liquid Assets / Assets	29.12%	33.71%	31.00%	31.75%	31.14%	+202 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a