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Schwegmann Bank and Trust Company

Harvey, LA · Cert 25139

FDIC

Q2 2001

$34.9MAssets
$22.4MLoans
$32.0MDeposits
$2.8MEquity
Loan mix
60%RE $7.9M29%C&I $3.8M11%Consumer $1.4MQ2 2000Q2 2001
Deposit mix
90%Interest-bearing $28.8M10%Noninterest $3.2MQ2 2000Q2 2001

NIM

8.41%Q1 ’01-5.68%Q2 ’01-168%

Non-interest income vs. expense

7.84%Q1 ’01-5.62%Q2 ’01-174%

Executive Summary

  • Earnings: ROA of 1.06%, up 131 bps year over year; NIM at -3.56%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 1.54%.
  • Funding: loans stand at 69.85% of deposits as of Q2 2001.

Financial Results

Return on Assets (quarter, annualized)

1.06%+131 bps YoY

Net Interest Margin (quarter, annualized)

-3.56%

Efficiency Ratio (quarter, annualized)

95.77%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2000Q3 2000Q4 2000Q1 2001Q2 2001YoY ΔTrend
Earnings
Return on Assets-0.25%-0.38%-0.51%-1.00%1.06%+131 bps
Return on Equityn/an/an/an/a14.59%n/an/a
Net Interest Marginn/an/an/a5.20%-3.56%n/a
Efficiency Ration/an/an/a112.14%95.77%n/a
Non-Interest Burdenn/an/an/a6.05%-4.48%n/a
Growth
Asset Growth (YoY)-7.57%-5.71%-4.00%-3.52%1.06%+863 bps
Loan Growth (YoY)-9.38%-9.09%-0.65%-0.50%-11.62%-224 bps
Deposit Growth (YoY)-5.32%-2.87%0.42%-3.40%0.10%+542 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/an/a1.50%-1.54%n/a
Allowance / Loansn/an/an/a1.09%1.05%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/an/a8.98%8.36%n/a
Equity / Assetsn/an/an/a6.58%7.94%n/a
Liquidity & Funding
Loans / Deposits79.12%78.78%78.81%74.74%69.85%-927 bps
Liquid Assets / Assets0.00%0.00%0.00%0.01%0.01%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a