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First East Side Savings Bank

Chicago, IL · Cert 28144

FDIC

Q3 2012

$65.7MAssets
$39.8MLoans
$64.9MDeposits
$361KEquity
Loan mix
100%RE $36.8M0%C&I $0.0M0%Consumer $0.1MQ3 2011Q3 2012
Deposit mix
97%Interest-bearing $63.0M3%Noninterest $1.9MQ3 2011Q3 2012

NIM

3.72%Q1 ’123.72%Q2 ’123.76%Q3 ’12+1%+2%

Non-interest income vs. expense

4.92%Q1 ’126.20%Q2 ’126.11%Q3 ’12+28%-2%

Executive Summary

  • Earnings: ROA of -5.60%, down 177 bps year over year; NIM at 2.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.84%.
  • Funding: loans stand at 61.28% of deposits as of Q3 2012.

Financial Results

Return on Assets (YTD, annualized)

-5.60%-177 bps YoY

Net Interest Margin (YTD, annualized)

2.60%

Efficiency Ratio (YTD, annualized)

230%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets-3.83%-3.85%-8.47%-6.72%-5.60%-177 bps
Return on Equityn/an/an/an/an/an/an/a
Net Interest Marginn/an/a2.54%2.56%2.60%n/a
Efficiency Ration/an/a178.06%237%230%n/a
Non-Interest Burdenn/an/a4.85%6.21%6.10%n/a
Growth
Asset Growth (YoY)-17.67%-14.31%-15.70%-12.53%-9.81%+786 bps
Loan Growth (YoY)-17.06%-13.99%1.19%-0.45%-3.39%+1,367 bps
Deposit Growth (YoY)-13.74%-11.77%-12.16%-8.51%-5.44%+830 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/an/a11.79%6.62%4.84%n/a
Allowance / Loansn/an/a3.55%3.37%3.53%n/a
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 Capitaln/an/a5.61%3.39%1.06%n/a
Equity / Assetsn/an/a2.43%1.30%0.55%n/a
Liquidity & Funding
Loans / Deposits59.99%59.70%62.50%63.12%61.28%+130 bps
Liquid Assets / Assets0.00%0.00%5.49%6.53%5.31%+531 bps
CRE / Total Capitaln/an/an/an/an/an/an/a