Esb Bank

Ellwood City, PA · Cert 27708

FDIC · 23 branches

Q4 2014

$1.9BAssets

$711.4MLoans

$1.3BDeposits

$223.9MEquity

Loan mix

Deposit mix

NIM

Market Position · Pittsburgh, PA · 2014 SOD (annual) · 1.0% share · #13 of 57 inst. · $0.9B of $98.3B

22.0% Beaver

0.5% Allegheny

22.9% Lawrence

2.4% Butler

Earnings: ROA of 1.03%, up 12 bps year over year; NIM at 2.70%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
Funding: loans stand at 55.95% of deposits as of Q4 2014.

Return on Assets (YTD, annualized)

1.03%+12 bps YoY

Net Interest Margin (YTD, annualized)

2.70%+25 bps YoY

Efficiency Ratio (YTD, annualized)

56.26%+53 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2013	Q1 2014	Q2 2014	Q3 2014	Q4 2014	YoY Δ	Trend
Earnings
Return on Assets	0.91%	0.98%	1.03%	1.04%	1.03%	+12 bps
Return on Equity	7.76%	8.55%	8.81%	8.81%	8.74%	+98 bps
Net Interest Margin	2.45%	2.59%	2.55%	2.61%	2.70%	+25 bps
Efficiency Ratio	55.73%	52.33%	52.04%	51.99%	56.26%	+53 bps
Non-Interest Burden	1.24%	1.26%	1.20%	1.22%	1.40%	+16 bps
Growth
Asset Growth (YoY)	-1.37%	1.22%	2.21%	2.32%	0.99%	+236 bps
Loan Growth (YoY)	3.48%	2.65%	3.93%	3.30%	1.28%	-221 bps
Deposit Growth (YoY)	3.79%	5.01%	7.29%	8.45%	3.62%	-17 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.06%	0.00%	0.01%	0.04%	0.04%	-2 bps
Allowance / Loans	0.97%	0.95%	0.95%	0.95%	0.82%	-15 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	15.94%	15.96%	16.76%	17.29%	16.71%	+78 bps
Equity / Assets	11.41%	11.48%	12.02%	12.15%	11.91%	+50 bps
Liquidity & Funding
Loans / Deposits	57.24%	55.49%	54.87%	53.24%	55.95%	-129 bps
Liquid Assets / Assets	0.17%	0.91%	0.27%	0.57%	0.13%	-4 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a