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Peoples State Bank & Trust

Baxley, GA · Cert 19604

FDIC · 1 branch

Q2 2016

$85.5MAssets
$52.4MLoans
$75.1MDeposits
$9.9MEquity
Loan mix
89%RE $29.4M7%C&I $2.4M4%Consumer $1.2MQ2 2015Q2 2016
Deposit mix
72%Interest-bearing $54.0M28%Noninterest $21.1MQ2 2015Q2 2016

NIM

4.96%Q2 ’144.80%Q2 ’154.07%Q2 ’16-3%-16%

Non-interest income vs. expense

3.91%Q2 ’143.69%Q2 ’153.99%Q2 ’16-2%-37%

Executive Summary

  • Earnings: ROA of 1.34%, up 21 bps year over year; NIM at 3.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.19%.
  • Capital: tier 1 leverage ratio of 11.66%, down 11 bps from a year ago.
  • Funding: loans stand at 69.78% of deposits as of Q2 2016.

Financial Results

Return on Assets (quarter, annualized)

1.34%+21 bps YoY

Net Interest Margin (quarter, annualized)

3.83%-71 bps YoY

Efficiency Ratio (quarter, annualized)

65.41%-165 bps YoY

Tier 1 Leverage Ratio

11.66%-11 bps YoY

Discrete quarter, annualized.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets1.14%2.25%2.28%0.99%1.34%+21 bps
Return on Equity9.78%18.94%19.16%8.52%11.53%+175 bps
Net Interest Margin4.54%4.53%4.65%4.22%3.83%-71 bps
Efficiency Ratio67.06%51.72%62.55%70.54%65.41%-165 bps
Non-Interest Burden2.73%0.93%2.19%2.64%1.72%-101 bps
Growth
Asset Growth (YoY)3.09%3.11%4.10%3.48%3.76%+67 bps
Loan Growth (YoY)0.50%-11.49%-11.20%-10.31%-7.91%-840 bps
Deposit Growth (YoY)2.40%2.63%3.42%4.66%5.38%+298 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%0.00%-0.01%-0.01%0.19%+21 bps
Allowance / Loans1.50%1.69%1.88%1.80%1.58%+8 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio11.77%12.26%11.49%11.78%11.66%-11 bps
Total Risk-Based Capital16.01%18.36%18.05%18.24%17.25%+124 bps
Equity / Assets11.55%12.25%11.59%11.70%11.60%+5 bps
Liquidity & Funding
Loans / Deposits79.84%71.76%64.20%65.31%69.78%-1,007 bps
Liquid Assets / Assets18.62%24.93%31.45%29.96%26.44%+782 bps
CRE / Total Capitaln/an/an/an/an/an/an/a