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Republic Bank of Norman

Norman, OK · Cert 27286

FDIC · 5 branches

Q4 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2019, the quarter ended December 31, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Republic Bank of Norman

Norman, OK · Cert 27286

FDIC · 5 branches

Q4 2019

$697.0MAssets
$373.4MLoans
$617.6MDeposits
$75.5MEquity
Loan mix
84%RE $277.0M14%C&I $45.2M3%Consumer $8.6MQ4 2018Q4 2019
Deposit mix
69%Interest-bearing $428.7M31%Noninterest $188.9MQ4 2018Q4 2019

NIM

4.48%Q4 ’174.49%Q4 ’184.43%Q4 ’19-2%-5%

Non-interest income vs. expense

3.61%Q4 ’173.49%Q4 ’183.29%Q4 ’19-10%+2%

Market Position · Oklahoma City, OK · 2019 SOD (annual) · 1.5% share · #14 of 72 inst. · $0.5B of $33.9B

Executive Summary

  • Earnings: ROA of 1.25%, up 8 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 3.26% of loans (+63 bps YoY), with net charge-offs at 0.13%.
  • Capital: tier 1 leverage ratio of 11.67%, up 181 bps from a year ago.
  • Funding: loans stand at 60.46% of deposits as of Q4 2019.

Financial Results

Return on Assets (YTD, annualized)

1.25%+8 bps YoY

Net Interest Margin (YTD, annualized)

3.86%-18 bps YoY

Efficiency Ratio (YTD, annualized)

67.17%+152 bps YoY

Tier 1 Leverage Ratio

11.67%+181 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2018Q1 2019Q2 2019Q3 2019Q4 2019YoY ΔTrend
Earnings
Return on Assets1.17%1.27%1.27%1.32%1.25%+8 bps
Return on Equity10.95%12.34%11.81%12.10%11.51%+56 bps
Net Interest Margin4.05%4.11%4.09%4.02%3.86%-18 bps
Efficiency Ratio65.65%69.55%69.07%67.78%67.17%+152 bps
Non-Interest Burden2.22%2.56%2.51%2.37%2.26%+4 bps
Growth
Asset Growth (YoY)3.90%1.31%4.64%5.22%25.41%+2,151 bps
Loan Growth (YoY)3.16%-0.83%-1.93%-3.66%-5.54%-869 bps
Deposit Growth (YoY)5.12%1.35%3.97%4.44%23.86%+1,874 bps
Asset Quality
Nonperforming Loans / Loans2.63%2.63%3.10%3.25%3.26%+63 bps
Net Charge-Offs / Loans0.27%-0.07%-0.02%0.07%0.13%-14 bps
Allowance / Loans1.76%1.84%1.90%1.92%1.98%+22 bps
Allowance Coverage of NPLs0.7x0.7x0.6x0.6x0.6x-0.1x
Capital
Tier 1 Leverage Ratio9.86%10.43%10.62%10.58%11.67%+181 bps
Total Risk-Based Capital13.07%13.55%13.84%14.37%16.42%+334 bps
Equity / Assets9.95%10.61%11.74%11.21%10.84%+88 bps
Liquidity & Funding
Loans / Deposits79.27%78.79%77.45%72.63%60.46%-1,881 bps
Liquid Assets / Assets3.32%3.62%2.81%1.77%12.93%+961 bps
CRE / Total Capitaln/an/an/an/an/an/an/a