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Summit Community Bank, National Association

Fort Worth, TX · Cert 25104

FDIC

Q1 2001

$440.9MAssets
$252.6MLoans
$402.6MDeposits
$30.6MEquity
Loan mix
25%RE $32.5M75%C&I $97.2M0%Consumer $0.1MQ1 2000Q1 2001
Deposit mix
81%Interest-bearing $325.5M19%Noninterest $77.1MQ1 2000Q1 2001

NIM

Non-interest income vs. expense

Executive Summary

  • Earnings: ROA of 1.56%, down 14 bps year over year; NIM at 4.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 62.73% of deposits as of Q1 2001.

Financial Results

Return on Assets (quarter, annualized)

1.56%-14 bps YoY

Net Interest Margin (quarter, annualized)

4.80%

Efficiency Ratio (quarter, annualized)

50.90%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2000Q2 2000Q3 2000Q4 2000Q1 2001YoY ΔTrend
Earnings
Return on Assets1.69%1.70%1.71%1.75%1.56%-14 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/an/an/a4.80%n/an/a
Efficiency Ration/an/an/an/a50.90%n/an/a
Non-Interest Burdenn/an/an/an/a2.11%n/an/a
Growth
Asset Growth (YoY)10.37%12.56%14.67%10.33%30.08%+1,972 bps
Loan Growth (YoY)15.83%11.18%12.38%9.00%8.84%-699 bps
Deposit Growth (YoY)9.16%11.27%15.72%10.58%32.72%+2,356 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/an/a0.07%n/an/a
Allowance / Loansn/an/an/an/a1.52%n/an/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/an/an/a13.02%n/an/a
Equity / Assetsn/an/an/an/a6.94%n/an/a
Liquidity & Funding
Loans / Deposits76.50%79.77%73.66%72.93%62.73%-1,376 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%1.66%+166 bps
CRE / Total Capitaln/an/an/an/an/an/an/a