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First Texas Bank

Round Rock, TX · Cert 20825

FDIC

Q1 2012

$182.3MAssets
$79.4MLoans
$164.2MDeposits
$15.8MEquity
Loan mix
74%RE $54.2M22%C&I $15.8M4%Consumer $3.0MQ1 2011Q1 2012
Deposit mix
65%Interest-bearing $106.1M35%Noninterest $58.1MQ1 2011Q1 2012

NIM

4.77%Q1 ’104.40%Q1 ’113.96%Q1 ’12-6%-7%

Non-interest income vs. expense

3.42%Q1 ’103.30%Q1 ’113.20%Q1 ’12-2%-5%

Executive Summary

  • Earnings: ROA of 0.86%, down 13 bps year over year; NIM at 3.78%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.12%.
  • Funding: loans stand at 48.37% of deposits as of Q1 2012.

Financial Results

Return on Assets (YTD, annualized)

0.86%-13 bps YoY

Net Interest Margin (YTD, annualized)

3.78%-30 bps YoY

Efficiency Ratio (YTD, annualized)

70.23%+194 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2011Q2 2011Q3 2011Q4 2011Q1 2012YoY ΔTrend
Earnings
Return on Assets0.99%1.02%1.01%1.01%0.86%-13 bps
Return on Equity10.93%11.19%11.15%11.29%9.88%-105 bps
Net Interest Margin4.08%3.95%3.91%3.77%3.78%-30 bps
Efficiency Ratio68.29%67.42%67.28%67.08%70.23%+194 bps
Non-Interest Burden2.55%2.42%2.38%2.29%2.42%-12 bps
Growth
Asset Growth (YoY)4.77%0.77%2.95%6.05%7.11%+234 bps
Loan Growth (YoY)-9.02%-13.28%-11.52%-4.37%-1.75%+727 bps
Deposit Growth (YoY)4.99%0.50%2.92%6.21%7.48%+250 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.13%0.07%0.06%0.04%0.12%-1 bps
Allowance / Loans0.84%0.90%0.93%0.91%0.90%+6 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 Capital15.29%15.61%15.73%15.62%15.35%+6 bps
Equity / Assets9.06%9.22%8.95%8.75%8.66%-40 bps
Liquidity & Funding
Loans / Deposits52.92%51.37%48.80%48.18%48.37%-454 bps
Liquid Assets / Assets32.80%33.05%31.63%35.42%33.70%+90 bps
CRE / Total Capitaln/an/an/an/an/an/an/a