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City National Bank

Kilgore, TX · Cert 23261

FDIC

Q4 2007

$191.1MAssets
$92.8MLoans
$170.9MDeposits
$17.6MEquity
Loan mix
73%RE $43.0M27%C&I $15.6M0%Consumer $0.1MQ4 2006Q4 2007
Deposit mix
92%Interest-bearing $157.7M8%Noninterest $13.3MQ4 2006Q4 2007

NIM

5.28%Q4 ’055.76%Q4 ’065.50%Q4 ’07-3%+3%

Non-interest income vs. expense

4.24%Q4 ’0520.22%Q4 ’063.46%Q4 ’07+798%-91%

Executive Summary

  • Earnings: ROA of 1.36%, up 1,135 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 54.29% of deposits as of Q4 2007.

Financial Results

Return on Assets (quarter, annualized)

1.36%+1,135 bps YoY

Net Interest Margin (quarter, annualized)

3.32%+11 bps YoY

Efficiency Ratio (quarter, annualized)

67.25%-32,484 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2006Q1 2007Q2 2007Q3 2007Q4 2007YoY ΔTrend
Earnings
Return on Assets-9.99%0.94%0.91%1.06%1.36%+1,135 bps
Return on Equity-107.25%10.05%9.72%11.26%14.43%+12,168 bps
Net Interest Margin3.22%3.02%2.94%3.10%3.32%+11 bps
Efficiency Ratio392%70.20%71.32%67.09%67.25%-32,484 bps
Non-Interest Burden18.28%1.53%1.53%1.44%1.63%-1,664 bps
Growth
Asset Growth (YoY)-0.18%-1.85%7.47%7.81%19.92%+2,011 bps
Loan Growth (YoY)0.79%3.58%2.50%6.62%1.41%+61 bps
Deposit Growth (YoY)5.14%1.71%10.12%7.13%19.83%+1,469 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.11%1.47%0.34%-0.01%-10 bps
Allowance / Loans1.51%1.53%1.16%1.10%0.92%-59 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 Capital11.96%12.25%12.14%12.36%12.46%+51 bps
Equity / Assets9.37%9.43%9.21%9.66%9.21%-16 bps
Liquidity & Funding
Loans / Deposits64.15%61.45%60.16%61.52%54.29%-987 bps
Liquid Assets / Assets0.21%3.73%6.04%1.80%9.27%+906 bps
CRE / Total Capitaln/an/an/an/an/an/an/a