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Park View Federal Savings Bank

Solon, OH · Cert 28235

FDIC

Q3 2013

$760.8MAssets
$554.1MLoans
$644.0MDeposits
$80.6MEquity
Loan mix
83%RE $338.5M17%C&I $67.9M0%Consumer $0.6MQ3 2012Q3 2013
Deposit mix
89%Interest-bearing $573.8M11%Noninterest $70.3MQ3 2012Q3 2013

NIM

3.68%Q1 ’123.67%Q3 ’123.51%Q3 ’13+4%+0%

Non-interest income vs. expense

3.24%Q1 ’123.28%Q3 ’122.86%Q3 ’13-1%+40%

Executive Summary

  • Earnings: ROA of 0.30%, down 31 bps year over year; NIM at 2.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.09%.
  • Funding: loans stand at 86.03% of deposits as of Q3 2013.

Financial Results

Return on Assets (quarter, annualized)

0.30%-31 bps YoY

Net Interest Margin (quarter, annualized)

2.88%+1 bps YoY

Efficiency Ratio (quarter, annualized)

86.11%+1,199 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.61%1.25%1.03%1.85%0.30%-31 bps
Return on Equity6.93%13.65%10.72%18.40%2.92%-401 bps
Net Interest Margin2.87%2.94%2.91%2.90%2.88%+1 bps
Efficiency Ratio74.13%63.85%76.06%73.17%86.11%+1,199 bps
Non-Interest Burden1.72%1.15%1.84%1.75%2.41%+69 bps
Growth
Asset Growth (YoY)-0.33%-1.40%-5.88%-2.67%-3.22%-289 bps
Loan Growth (YoY)5.00%8.09%-1.49%-0.80%-4.44%-944 bps
Deposit Growth (YoY)-0.61%-3.02%-7.83%-4.57%-4.88%-428 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.67%1.33%0.15%0.69%-0.09%-75 bps
Allowance / Loans2.78%2.52%2.61%2.40%2.53%-25 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 Capital13.20%12.93%13.76%14.34%14.85%+165 bps
Equity / Assets9.02%9.35%9.93%10.21%10.59%+157 bps
Liquidity & Funding
Loans / Deposits85.63%88.85%87.81%87.01%86.03%+40 bps
Liquid Assets / Assets12.43%9.67%10.47%9.93%11.21%-122 bps
CRE / Total Capitaln/an/an/an/an/an/an/a