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Community South Bank

Parsons, TN · Cert 19849

FDIC

Q2 2013

$386.9MAssets
$266.8MLoans
$377.7MDeposits
$5.1MEquity
Loan mix
86%RE $134.0M10%C&I $15.3M4%Consumer $6.2MQ2 2012Q2 2013
Deposit mix
92%Interest-bearing $347.1M8%Noninterest $30.5MQ2 2012Q2 2013

NIM

4.11%Q2 ’114.00%Q2 ’123.98%Q2 ’13+8%+13%

Non-interest income vs. expense

3.59%Q2 ’112.09%Q2 ’123.32%Q2 ’13-32%+59%

Executive Summary

  • Earnings: ROA of -4.04%, down 294 bps year over year; NIM at 3.36%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 5.06%.
  • Funding: loans stand at 70.65% of deposits as of Q2 2013.

Financial Results

Return on Assets (quarter, annualized)

-4.04%-294 bps YoY

Net Interest Margin (quarter, annualized)

3.36%+39 bps YoY

Efficiency Ratio (quarter, annualized)

161.67%+6,449 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets-1.10%-5.25%-0.04%-1.97%-4.04%-294 bps
Return on Equity-31.88%-178.11%-1.52%-79.11%-223%-19,157 bps
Net Interest Margin2.97%2.94%3.20%3.00%3.36%+39 bps
Efficiency Ratio97.19%89.97%93.74%125.30%161.67%+6,449 bps
Non-Interest Burden2.91%2.56%2.96%3.55%4.62%+172 bps
Growth
Asset Growth (YoY)-18.78%-20.37%-28.25%-28.43%-22.22%-344 bps
Loan Growth (YoY)-21.04%-21.15%-28.80%-25.71%-27.70%-666 bps
Deposit Growth (YoY)-17.27%-16.95%-26.43%-26.08%-18.62%-136 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.15%6.41%3.35%0.59%5.06%+91 bps
Allowance / Loans2.28%2.77%2.52%2.92%2.96%+68 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 Capital5.24%3.70%4.16%3.74%1.34%-390 bps
Equity / Assets3.52%2.34%2.70%2.28%1.32%-220 bps
Liquidity & Funding
Loans / Deposits79.51%77.64%76.48%76.46%70.65%-887 bps
Liquid Assets / Assets7.48%8.69%6.75%7.63%9.91%+243 bps
CRE / Total Capitaln/an/an/an/an/an/an/a