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American Bank

Welsh, LA · Cert 19594

FDIC

Q3 2007

$58.4MAssets
$37.1MLoans
$47.5MDeposits
$10.4MEquity
Loan mix
45%RE $6.4M55%C&I $7.7M0%Consumer $0.0MQ3 2006Q3 2007
Deposit mix
68%Interest-bearing $32.5M32%Noninterest $15.1MQ3 2006Q3 2007

NIM

5.56%Q3 ’055.86%Q3 ’066.15%Q3 ’07-1%+3%

Non-interest income vs. expense

3.96%Q3 ’053.76%Q3 ’063.74%Q3 ’07-10%+16%

Executive Summary

  • Earnings: ROA of 1.33%, up 20 bps year over year; NIM at 4.59%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.05%.
  • Funding: loans stand at 78.06% of deposits as of Q3 2007.

Financial Results

Return on Assets (quarter, annualized)

1.33%+20 bps YoY

Net Interest Margin (quarter, annualized)

4.59%+15 bps YoY

Efficiency Ratio (quarter, annualized)

66.32%+249 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets1.13%2.24%1.13%1.16%1.33%+20 bps
Return on Equity6.84%13.08%6.71%7.08%7.80%+96 bps
Net Interest Margin4.44%5.35%4.52%4.41%4.59%+15 bps
Efficiency Ratio63.83%55.04%72.11%69.36%66.32%+249 bps
Non-Interest Burden2.31%2.09%2.91%2.73%2.69%+38 bps
Growth
Asset Growth (YoY)8.36%-7.87%0.85%0.62%-2.95%-1,131 bps
Loan Growth (YoY)1.22%-1.34%5.00%0.73%6.06%+485 bps
Deposit Growth (YoY)17.00%-5.32%0.42%0.46%-3.56%-2,057 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%0.00%-0.06%-0.12%-0.05%-23 bps
Allowance / Loans1.59%1.57%1.56%1.56%1.56%-3 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 Capital22.54%21.74%21.17%21.41%22.11%-43 bps
Equity / Assets16.93%17.38%16.31%16.48%17.75%+82 bps
Liquidity & Funding
Loans / Deposits70.98%77.95%71.25%72.24%78.06%+709 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a