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Seaway National Bank of Chicago

Chicago, IL · Cert 19328

FDIC · 10 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

Seaway National Bank of Chicago

Chicago, IL · Cert 19328

FDIC · 10 branches

Q4 2016

$297.8MAssets
$202.3MLoans
$256.5MDeposits
$-5791KEquity
Loan mix
87%RE $145.6M12%C&I $19.7M1%Consumer $2.2MQ4 2015Q4 2016
Deposit mix
79%Interest-bearing $202.0M21%Noninterest $54.5MQ4 2015Q4 2016

NIM

5.04%Q4 ’143.93%Q4 ’153.18%Q4 ’16-23%-24%

Non-interest income vs. expense

7.71%Q4 ’1410.11%Q4 ’1511.94%Q4 ’16+43%+30%

Market Position · Chicago-Naperville-Elgin, IL-IN-WI · 2016 SOD (annual) · 0.1% share · #82 of 208 inst. · $0.3B of $391.1B

0.1% Cook
0.0% Milwaukee

Executive Summary

  • Earnings: ROA of -7.22%, down 429 bps year over year; NIM at 2.68%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.26%.
  • Capital: tier 1 leverage ratio of -1.79%, down 748 bps from a year ago.
  • Funding: loans stand at 78.86% of deposits as of Q4 2016.

Financial Results

Return on Assets (YTD, annualized)

-7.22%-429 bps YoY

Net Interest Margin (YTD, annualized)

2.68%-83 bps YoY

Efficiency Ratio (YTD, annualized)

249%+7,939 bps YoY

Tier 1 Leverage Ratio

-1.79%-748 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets-2.93%-4.57%-3.66%-4.49%-7.22%-429 bps
Return on Equity-30.46%-63.09%-50.83%-75.49%-156.01%-12,555 bps
Net Interest Margin3.52%2.71%2.58%2.54%2.68%-83 bps
Efficiency Ratio169.83%287%217%195.67%249%+7,939 bps
Non-Interest Burden7.62%10.36%7.47%6.77%9.90%+228 bps
Growth
Asset Growth (YoY)-11.88%-7.88%-3.79%-6.41%-19.52%-764 bps
Loan Growth (YoY)-11.93%-9.86%-9.64%-12.21%-13.39%-146 bps
Deposit Growth (YoY)-11.48%-4.65%-0.58%1.44%-12.32%-84 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans5.33%2.02%1.10%1.41%1.26%-407 bps
Allowance / Loans2.61%2.10%2.85%2.12%2.48%-13 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio5.69%3.73%3.21%1.93%-1.79%-748 bps
Total Risk-Based Capital10.77%6.82%6.81%4.53%-1.85%-1,262 bps
Equity / Assets7.83%6.65%7.11%2.07%-1.94%-977 bps
Liquidity & Funding
Loans / Deposits79.83%78.26%73.95%70.03%78.86%-97 bps
Liquid Assets / Assets13.60%16.52%18.39%21.66%14.95%+135 bps
CRE / Total Capitaln/an/an/an/an/an/an/a