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Nueces National Bank

Corpus Christi, TX · Cert 20919

FDIC

Q3 2001

$133.0MAssets
$82.0MLoans
$108.9MDeposits
$10.4MEquity
Loan mix
43%RE $15.1M57%C&I $20.2M0%Consumer $0.1MQ3 2000Q3 2001
Deposit mix
86%Interest-bearing $93.9M14%Noninterest $15.0MQ3 2000Q3 2001

NIM

8.18%Q1 ’018.06%Q2 ’017.79%Q3 ’01+2%-1%

Non-interest income vs. expense

4.29%Q1 ’013.97%Q2 ’013.68%Q3 ’01-9%-14%

Executive Summary

  • Earnings: ROA of 1.11%, up 34 bps year over year; NIM at 4.03%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 75.29% of deposits as of Q3 2001.

Financial Results

Return on Assets (quarter, annualized)

1.11%+34 bps YoY

Net Interest Margin (quarter, annualized)

4.03%

Efficiency Ratio (quarter, annualized)

65.78%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2000Q4 2000Q1 2001Q2 2001Q3 2001YoY ΔTrend
Earnings
Return on Assets0.77%0.56%0.78%1.06%1.11%+34 bps
Return on Equityn/an/an/a12.35%13.89%n/a
Net Interest Marginn/an/a4.00%4.06%4.03%n/a
Efficiency Ration/an/a77.22%71.48%65.78%n/a
Non-Interest Burdenn/an/a2.73%2.47%2.12%n/a
Growth
Asset Growth (YoY)54.09%26.99%23.94%31.69%45.30%-879 bps
Loan Growth (YoY)94.69%63.65%38.10%37.37%39.74%-5,495 bps
Deposit Growth (YoY)66.19%32.82%24.77%31.04%32.93%-3,326 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a1.37%0.31%0.07%n/a
Allowance / Loansn/an/a1.18%1.05%0.98%n/a
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 Capitaln/an/a10.58%10.17%9.60%n/a
Equity / Assetsn/an/a8.94%8.20%7.84%n/a
Liquidity & Funding
Loans / Deposits71.63%77.06%79.81%79.66%75.29%+367 bps
Liquid Assets / Assets0.00%0.00%1.29%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a