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First Presidio Bank

Presidio, TX · Cert 21962

FDIC

Q4 2007

$25.3MAssets
$7.9MLoans
$22.3MDeposits
$2.9MEquity
Deposit mix
72%Interest-bearing $16.1M28%Noninterest $6.3MQ4 2006Q4 2007

NIM

5.02%Q4 ’055.40%Q4 ’065.38%Q4 ’07+1%-5%

Non-interest income vs. expense

3.50%Q4 ’054.01%Q4 ’063.32%Q4 ’07+27%-18%

Executive Summary

  • Earnings: ROA of 1.27%, up 35 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.07%.
  • Funding: loans stand at 35.57% of deposits as of Q4 2007.

Financial Results

Return on Assets (quarter, annualized)

1.27%+35 bps YoY

Net Interest Margin (quarter, annualized)

4.11%-21 bps YoY

Efficiency Ratio (quarter, annualized)

69.05%-936 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets0.92%1.28%1.65%1.76%1.27%+35 bps
Return on Equity9.26%12.93%16.34%16.53%11.35%+209 bps
Net Interest Margin4.31%4.31%4.15%4.33%4.11%-21 bps
Efficiency Ratio78.41%65.91%64.65%62.96%69.05%-936 bps
Non-Interest Burden3.21%2.57%2.41%2.46%2.62%-59 bps
Growth
Asset Growth (YoY)3.47%3.92%1.58%4.17%5.17%+169 bps
Loan Growth (YoY)1.81%5.00%7.22%4.81%7.84%+603 bps
Deposit Growth (YoY)1.81%2.31%-0.11%2.81%3.37%+156 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.63%-0.94%0.66%0.56%3.07%+144 bps
Allowance / Loans1.85%2.10%1.94%1.87%1.17%-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 Capital25.11%23.95%24.68%24.91%25.04%-7 bps
Equity / Assets9.86%9.91%10.25%10.99%11.30%+144 bps
Liquidity & Funding
Loans / Deposits34.09%34.36%37.74%37.34%35.57%+148 bps
Liquid Assets / Assets0.68%0.67%0.72%1.10%1.05%+37 bps
CRE / Total Capitaln/an/an/an/an/an/an/a