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Lamar Bank

Beaumont, TX · Cert 18060

FDIC

Q4 2007

$172.5MAssets
$125.4MLoans
$138.9MDeposits
$23.0MEquity
Loan mix
31%RE $9.3M68%C&I $20.7M1%Consumer $0.4MQ4 2006Q4 2007
Deposit mix
84%Interest-bearing $117.2M16%Noninterest $21.7MQ4 2006Q4 2007

NIM

4.71%Q4 ’055.67%Q4 ’065.93%Q4 ’07+5%-9%

Non-interest income vs. expense

4.87%Q4 ’054.51%Q4 ’064.68%Q4 ’07-2%+7%

Executive Summary

  • Earnings: ROA of -0.18%, down 52 bps year over year; NIM at 3.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
  • Funding: loans stand at 90.30% of deposits as of Q4 2007.

Financial Results

Return on Assets (YTD, annualized)

-0.18%-52 bps YoY

Net Interest Margin (YTD, annualized)

3.62%-34 bps YoY

Efficiency Ratio (YTD, annualized)

97.60%+1,234 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.33%-0.02%0.07%0.06%-0.18%-52 bps
Return on Equity2.20%-0.16%0.45%0.44%-1.30%-350 bps
Net Interest Margin3.96%3.79%3.78%3.67%3.62%-34 bps
Efficiency Ratio85.26%101.12%95.94%95.34%97.60%+1,234 bps
Non-Interest Burden3.36%3.94%3.67%3.54%3.59%+23 bps
Growth
Asset Growth (YoY)8.74%6.85%6.60%10.74%8.76%+2 bps
Loan Growth (YoY)24.60%17.49%16.58%13.46%11.70%-1,289 bps
Deposit Growth (YoY)1.86%4.94%0.63%3.80%11.96%+1,010 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.08%0.11%0.07%0.06%0.11%+3 bps
Allowance / Loans0.82%0.79%0.82%0.87%1.20%+38 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 Capital11.81%11.74%11.25%11.11%10.84%-97 bps
Equity / Assets14.61%14.72%14.23%13.84%13.36%-125 bps
Liquidity & Funding
Loans / Deposits90.51%86.93%92.04%96.26%90.30%-21 bps
Liquid Assets / Assets0.01%0.01%0.02%0.03%0.02%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a