State Bank and Trust Company, Dallas

Dallas, TX · Cert 26283

FDIC

Q1 2014

$195.8MAssets

$127.1MLoans

$162.2MDeposits

$25.0MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.19%, down 108 bps year over year; NIM at 2.86%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.32%.
Funding: loans stand at 78.32% of deposits as of Q1 2014.

Return on Assets (quarter, annualized)

0.19%-108 bps YoY

Net Interest Margin (quarter, annualized)

2.86%-35 bps YoY

Efficiency Ratio (quarter, annualized)

87.98%+2,644 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2013	Q2 2013	Q3 2013	Q4 2013	Q1 2014	YoY Δ	Trend
Earnings
Return on Assets	1.27%	1.16%	0.26%	-2.85%	0.19%	-108 bps
Return on Equity	10.90%	9.35%	1.99%	-22.07%	1.47%	-942 bps
Net Interest Margin	3.20%	3.42%	3.07%	3.00%	2.86%	-35 bps
Efficiency Ratio	61.55%	58.04%	77.78%	84.25%	87.98%	+2,644 bps
Non-Interest Burden	1.81%	1.85%	2.31%	2.47%	2.46%	+65 bps
Growth
Asset Growth (YoY)	5.03%	-5.80%	-9.14%	-17.06%	-8.25%	-1,328 bps
Loan Growth (YoY)	-6.21%	-7.02%	-11.20%	-15.22%	-18.10%	-1,189 bps
Deposit Growth (YoY)	5.86%	-6.44%	-9.03%	-17.46%	-7.40%	-1,326 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.05%	-0.30%	0.03%	9.01%	-0.32%	-38 bps
Allowance / Loans	1.78%	2.02%	2.32%	1.39%	1.67%	-11 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	15.36%	15.69%	16.64%	16.01%	17.31%	+195 bps
Equity / Assets	12.25%	12.66%	13.00%	12.81%	12.78%	+53 bps
Liquidity & Funding
Loans / Deposits	88.56%	89.63%	86.40%	85.54%	78.32%	-1,024 bps
Liquid Assets / Assets	18.85%	17.89%	19.95%	20.31%	24.11%	+526 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a