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Omni Bank

Metairie, LA · Cert 27397

FDIC

Q1 2011

$735.5MAssets
$510.2MLoans
$646.4MDeposits
$54.4MEquity
Loan mix
88%RE $376.6M10%C&I $42.2M2%Consumer $8.9MQ1 2010Q1 2011
Deposit mix
78%Interest-bearing $501.1M22%Noninterest $145.3MQ1 2010Q1 2011

NIM

5.86%Q1 ’095.16%Q1 ’104.92%Q1 ’11-7%+0%

Non-interest income vs. expense

4.77%Q1 ’094.40%Q1 ’104.46%Q1 ’11-8%+12%

Executive Summary

  • Earnings: ROA of -0.10%, down 21 bps year over year; NIM at 4.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.44%.
  • Funding: loans stand at 78.93% of deposits as of Q1 2011.

Financial Results

Return on Assets (quarter, annualized)

-0.10%-21 bps YoY

Net Interest Margin (quarter, annualized)

4.11%+1 bps YoY

Efficiency Ratio (quarter, annualized)

94.62%+738 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ1 2010Q2 2010Q3 2010Q4 2010Q1 2011YoY ΔTrend
Earnings
Return on Assets0.11%0.05%1-0.05%-0.03%-0.10%-21 bps
Return on Equity1.47%0.65%-0.65%-0.37%-1.33%-280 bps
Net Interest Margin4.10%4.06%4.23%4.35%4.11%+1 bps
Efficiency Ratio87.24%91.44%95.96%93.36%94.62%+738 bps
Non-Interest Burden3.46%3.66%4.04%4.02%3.86%+40 bps
Growth
Asset Growth (YoY)0.04%0.95%0.09%-1.61%-4.38%-443 bps
Loan Growth (YoY)-4.19%-3.32%-3.30%-7.25%-7.71%-352 bps
Deposit Growth (YoY)1.59%0.90%0.92%-1.06%-4.40%-598 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.59%1.96%0.81%1.95%1.44%+85 bps
Allowance / Loans2.06%1.76%1.73%1.50%1.33%-73 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 Capital11.02%11.20%11.27%11.33%11.38%+36 bps
Equity / Assets7.27%7.53%7.54%7.42%7.39%+12 bps
Liquidity & Funding
Loans / Deposits81.77%83.20%83.56%81.22%78.93%-284 bps
Liquid Assets / Assets7.76%4.59%3.70%4.80%4.35%-342 bps
CRE / Total Capitaln/an/an/an/an/an/an/a