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Gulf Coast Bank

Winnie, TX · Cert 18046

FDIC

Q2 2009

$105.9MAssets
$26.5MLoans
$89.5MDeposits
$15.3MEquity
Loan mix
58%RE $13.5M42%C&I $9.7M0%Consumer $0.0MQ3 2007Q2 2009
Deposit mix
61%Interest-bearing $55.0M39%Noninterest $34.5MQ3 2007Q2 2009

Executive Summary

  • Earnings: ROA of 0.69%, down 15 bps year over year; NIM at 3.29%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.12%.
  • Funding: loans stand at 29.60% of deposits as of Q2 2009.

Return on Assets (YTD, annualized)

0.69%-15 bps YoY

Net Interest Margin (YTD, annualized)

3.29%-55 bps YoY

Efficiency Ratio (YTD, annualized)

73.38%-122 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

5.52%Q2 ’074.92%Q2 ’083.99%Q2 ’09-9%-14%

Non-interest income vs. expense

4.09%Q2 ’073.77%Q2 ’083.11%Q2 ’09-6%-16%

Year to date, annualized, through each quarter.

MetricQ3 2007Q4 2007Q1 2008Q2 2008Q3 2008Q4 2008Q1 2009Q2 2009YoY ΔTrend
Earnings
Return on Assets0.97%0.70%0.81%0.84%0.88%0.72%0.88%0.69%-15 bps
Return on Equity5.70%4.15%4.78%5.12%5.43%4.64%6.63%5.07%-5 bps
Net Interest Margin4.29%4.15%4.07%3.84%3.71%3.32%3.46%3.29%-55 bps
Efficiency Ratio72.32%80.10%74.75%74.60%73.35%77.89%67.98%73.38%-122 bps
Non-Interest Burden2.70%3.05%2.71%2.56%2.41%2.37%2.05%2.16%-40 bps
Growth
Asset Growth (YoY)-1.44%2.33%4.50%11.30%18.76%39.02%36.36%20.52%+922 bps
Loan Growth (YoY)-15.09%-7.57%-11.64%-2.02%1.48%-3.24%6.60%-4.03%-200 bps
Deposit Growth (YoY)-0.88%1.69%3.52%12.82%21.72%44.91%42.25%21.63%+882 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.29%0.23%0.10%0.09%0.11%0.10%0.08%0.12%+3 bps
Allowance / Loans1.56%1.48%1.67%1.64%1.53%1.52%1.53%1.66%+2 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital16.10%14.88%16.11%16.12%15.09%13.96%15.51%16.93%+81 bps
Equity / Assets17.49%16.82%16.99%15.59%15.32%13.14%13.38%14.44%-115 bps
Liquidity & Funding
Loans / Deposits43.95%44.60%39.61%37.51%36.65%29.78%29.69%29.60%-791 bps
Liquid Assets / Assets1.34%1.13%1.06%0.98%2.99%1.79%2.49%10.61%+963 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a