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Citizens State Bank

Kingsland, GA · Cert 19753

FDIC · 3 branches

Q2 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: Q2 2016, the quarter ended June 30, 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

Citizens State Bank

Kingsland, GA · Cert 19753

FDIC · 3 branches

Q2 2016

$55.8MAssets
$40.2MLoans
$51.8MDeposits
$3.9MEquity
Loan mix
83%RE $26.3M12%C&I $3.9M5%Consumer $1.5MQ2 2015Q2 2016
Deposit mix
83%Interest-bearing $42.9M17%Noninterest $8.8MQ2 2015Q2 2016

NIM

3.61%Q2 ’143.94%Q2 ’154.37%Q2 ’16+14%+12%

Non-interest income vs. expense

4.82%Q2 ’145.12%Q2 ’155.24%Q2 ’16+1%+1%

Market Position · Jacksonville, FL · 2016 SOD (annual) · 0.0% share · #32 of 37 inst. · $0.0B of $58.5B

13.9% Camden
0.8% Nassau

Executive Summary

  • Earnings: ROA of -0.76%, up 44 bps year over year; NIM at 4.00%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Capital: tier 1 leverage ratio of 6.46%, up 90 bps from a year ago.
  • Funding: loans stand at 77.68% of deposits as of Q2 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.76%+44 bps YoY

Net Interest Margin (YTD, annualized)

4.00%+42 bps YoY

Efficiency Ratio (YTD, annualized)

127.52%-1,538 bps YoY

Tier 1 Leverage Ratio

6.46%+90 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets-1.19%-1.06%-0.82%-0.48%-0.76%+44 bps
Return on Equity-17.66%-15.97%-12.28%-6.68%-10.67%+698 bps
Net Interest Margin3.58%3.61%3.64%3.87%4.00%+42 bps
Efficiency Ratio142.90%136.25%136.07%115.43%127.52%-1,538 bps
Non-Interest Burden5.08%4.94%5.01%4.54%5.11%+3 bps
Growth
Asset Growth (YoY)-8.04%-4.99%-2.00%-5.83%-3.23%+481 bps
Loan Growth (YoY)-10.92%-10.30%-0.82%5.58%6.96%+1,788 bps
Deposit Growth (YoY)-8.31%-4.72%-2.14%-6.32%-3.72%+459 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.60%0.47%0.46%0.14%0.07%-53 bps
Allowance / Loans1.41%1.44%1.36%1.33%1.37%-5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio5.56%5.35%6.70%6.62%6.46%+90 bps
Total Risk-Based Capital8.68%8.32%9.89%10.02%9.73%+105 bps
Equity / Assets6.56%6.28%6.99%7.30%6.97%+41 bps
Liquidity & Funding
Loans / Deposits69.92%69.83%71.81%78.56%77.68%+775 bps
Liquid Assets / Assets12.79%12.78%12.88%9.59%10.83%-196 bps
CRE / Total Capitaln/an/an/an/an/an/an/a