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Elkhart State Bank, The

Elkhart, TX · Cert 19487

FDIC · 1 branch

Q1 2015

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: Q1 2015, the quarter ended March 31, 2015, 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

Elkhart State Bank, The

Elkhart, TX · Cert 19487

FDIC · 1 branch

Q1 2015

$42.5MAssets
$8.9MLoans
$40.7MDeposits
$-501KEquity
Loan mix
13%RE $1.0M42%C&I $3.2M45%Consumer $3.4MQ1 2014Q1 2015
Deposit mix
59%Interest-bearing $23.9M41%Noninterest $16.7MQ1 2014Q1 2015

NIM

5.03%Q1 ’133.86%Q1 ’142.87%Q1 ’15-27%-16%

Non-interest income vs. expense

4.49%Q1 ’134.03%Q1 ’145.44%Q1 ’15-6%+32%

Executive Summary

  • Earnings: ROA of -4.15%, down 396 bps year over year; NIM at 2.74%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 16.56%.
  • Capital: tier 1 leverage ratio of 2.79%.
  • Funding: loans stand at 21.98% of deposits as of Q1 2015.

Financial Results

Return on Assets (YTD, annualized)

-4.15%-396 bps YoY

Net Interest Margin (YTD, annualized)

2.74%-52 bps YoY

Efficiency Ratio (YTD, annualized)

149.64%+4,498 bps YoY

Tier 1 Leverage Ratio

2.79%

Year to date, annualized, through each quarter.

MetricQ1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets-0.19%-3.26%-6.16%-6.22%-4.15%-396 bps
Return on Equity-2.52%-44.21%-103.42%-126.43%615%+61,800 bps
Net Interest Margin3.26%3.17%3.30%3.50%2.74%-52 bps
Efficiency Ratio104.66%118.65%118.63%103.21%149.64%+4,498 bps
Non-Interest Burden3.44%3.88%4.03%3.66%4.54%+110 bps
Growth
Asset Growth (YoY)4.70%7.24%-7.14%-21.77%-29.32%-3,402 bps
Loan Growth (YoY)-20.16%-21.60%-30.15%-37.38%-47.27%-2,711 bps
Deposit Growth (YoY)7.98%10.04%-3.39%-18.89%-26.20%-3,418 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.09%0.92%11.53%17.42%16.56%+1,547 bps
Allowance / Loans3.89%8.30%14.08%18.59%22.21%+1,832 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/a2.79%n/an/a
Total Risk-Based Capital17.86%16.07%12.13%10.97%9.87%-799 bps
Equity / Assets7.55%6.83%1.19%-0.22%-1.18%-873 bps
Liquidity & Funding
Loans / Deposits30.77%29.72%27.57%24.86%21.98%-878 bps
Liquid Assets / Assets9.08%5.54%10.21%15.90%12.83%+375 bps
CRE / Total Capitaln/an/an/an/an/an/an/a