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Metrobank, National Association

Houston, TX · Cert 26937

FDIC

Q4 2013

$1.1BAssets
$841.4MLoans
$963.5MDeposits
$137.8MEquity
Loan mix
81%RE $339.0M18%C&I $77.0M0%Consumer $1.2MQ4 2012Q4 2013
Deposit mix
67%Interest-bearing $647.3M33%Noninterest $316.1MQ4 2012Q4 2013

NIM

4.52%Q4 ’114.16%Q4 ’124.00%Q4 ’13-5%-3%

Non-interest income vs. expense

2.73%Q4 ’113.10%Q4 ’124.15%Q4 ’13+9%+46%

Executive Summary

  • Earnings: ROA of -0.28%, down 122 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.41%.
  • Funding: loans stand at 87.33% of deposits as of Q4 2013.

Financial Results

Return on Assets (quarter, annualized)

-0.28%-122 bps YoY

Net Interest Margin (quarter, annualized)

3.54%-12 bps YoY

Efficiency Ratio (quarter, annualized)

98.65%+2,774 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.93%1.07%1.02%1.09%-0.28%-122 bps
Return on Equity7.31%8.41%8.30%9.15%-2.37%-968 bps
Net Interest Margin3.66%3.45%3.46%3.54%3.54%-12 bps
Efficiency Ratio70.91%67.22%64.37%68.32%98.65%+2,774 bps
Non-Interest Burden2.39%1.99%1.95%2.19%3.49%+109 bps
Growth
Asset Growth (YoY)1.37%3.59%-2.56%1.64%2.83%+146 bps
Loan Growth (YoY)2.82%5.07%5.29%4.94%10.03%+722 bps
Deposit Growth (YoY)0.66%3.35%-3.81%1.30%2.61%+195 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.51%0.47%0.24%0.18%-0.41%-92 bps
Allowance / Loans2.22%2.00%1.84%1.71%1.53%-70 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 Capital17.80%17.76%16.07%16.40%16.21%-160 bps
Equity / Assets12.82%12.73%11.91%11.96%11.98%-84 bps
Liquidity & Funding
Loans / Deposits81.44%81.02%86.76%84.86%87.33%+589 bps
Liquid Assets / Assets8.34%8.75%5.30%7.39%10.37%+203 bps
CRE / Total Capitaln/an/an/an/an/an/an/a