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Mt. Washington Savings Bank

Cincinnati, OH · Cert 27968

FDIC · 2 branches

Q3 2018

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: Q3 2018, the quarter ended September 30, 2018, 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

Mt. Washington Savings Bank

Cincinnati, OH · Cert 27968

FDIC · 2 branches

Q3 2018

$165.6MAssets
$151.0MLoans
$103.3MDeposits
$15.8MEquity
Loan mix
96%RE $124.5M4%C&I $5.5M0%Consumer $0.3MQ3 2017Q3 2018
Deposit mix
97%Interest-bearing $100.0M3%Noninterest $3.3MQ3 2017Q3 2018

NIM

3.49%Q3 ’163.41%Q3 ’173.88%Q3 ’18+1%+5%

Non-interest income vs. expense

2.66%Q3 ’162.48%Q3 ’172.16%Q3 ’18+2%-13%

Market Position · Cincinnati, OH-KY-IN · 2018 SOD (annual) · 0.1% share · #34 of 64 inst. · $0.1B of $112.3B

Executive Summary

  • Earnings: ROA of 0.54%, down 80 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.54% of loans (-18 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 9.30%, down 102 bps from a year ago.
  • Funding: loans stand at 146.21% of deposits as of Q3 2018.

Financial Results

Return on Assets (YTD, annualized)

0.54%-80 bps YoY

Net Interest Margin (YTD, annualized)

2.63%+11 bps YoY

Efficiency Ratio (YTD, annualized)

76.64%-1,496 bps YoY

Tier 1 Leverage Ratio

9.30%-102 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2017Q4 2017Q1 2018Q2 2018Q3 2018YoY ΔTrend
Earnings
Return on Assets1.34%0.56%0.51%0.54%0.54%-80 bps
Return on Equity11.69%5.00%5.07%5.48%5.51%-618 bps
Net Interest Margin2.51%2.48%2.71%2.64%2.63%+11 bps
Efficiency Ratio91.60%90.46%78.25%76.88%76.64%-1,496 bps
Non-Interest Burden2.26%2.21%2.06%1.97%1.96%-30 bps
Growth
Asset Growth (YoY)25.05%22.71%19.72%17.26%6.50%-1,855 bps
Loan Growth (YoY)18.37%27.47%23.76%22.37%15.17%-320 bps
Deposit Growth (YoY)37.21%29.75%26.82%12.30%-5.36%-4,257 bps
Asset Quality
Nonperforming Loans / Loans0.72%0.62%0.57%0.49%0.54%-18 bps
Net Charge-Offs / Loans0.00%0.00%-0.01%-0.02%-0.01%-1 bps
Allowance / Loans1.25%1.18%1.14%1.09%1.09%-16 bps
Allowance Coverage of NPLs1.7x1.9x2.0x2.2x2.0x+0.3x
Capital
Tier 1 Leverage Ratio10.32%9.81%9.70%9.53%9.30%-102 bps
Total Risk-Based Capital14.58%13.53%13.30%12.98%12.16%-243 bps
Equity / Assets10.58%10.10%9.86%9.56%9.53%-105 bps
Liquidity & Funding
Loans / Deposits120.15%124.35%126.39%137.54%146.21%+2,606 bps
Liquid Assets / Assets7.24%4.46%4.75%3.59%2.24%-500 bps
CRE / Total Capitaln/an/an/an/an/an/an/a