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Columbus Savings Bank

Chicago, IL · Cert 29416

FDIC

Q4 2013

$13.9MAssets
$4.6MLoans
$10.5MDeposits
$3.4MEquity
Deposit mix
100%Interest-bearing $10.5M0%Noninterest $0.0MQ4 2012Q4 2013

NIM

4.71%Q4 ’114.19%Q4 ’123.71%Q4 ’13-10%-12%

Non-interest income vs. expense

3.52%Q4 ’113.83%Q4 ’124.26%Q4 ’13+9%+11%

Executive Summary

  • Earnings: ROA of -0.86%, down 122 bps year over year; NIM at 2.96%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 43.33% of deposits as of Q4 2013.

Financial Results

Return on Assets (YTD, annualized)

-0.86%-122 bps YoY

Net Interest Margin (YTD, annualized)

2.96%-42 bps YoY

Efficiency Ratio (YTD, annualized)

142.89%+3,002 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.36%1-0.51%-1.06%-0.90%-0.86%-122 bps
Return on Equity1.65%-2.14%-4.43%-3.77%-3.59%-525 bps
Net Interest Margin3.39%3.06%3.12%2.99%2.96%-42 bps
Efficiency Ratio112.87%119.67%142.06%142.56%142.89%+3,002 bps
Non-Interest Burden3.82%3.66%4.43%4.27%4.24%+42 bps
Growth
Asset Growth (YoY)-13.19%-19.77%-18.85%-15.31%-20.44%-725 bps
Loan Growth (YoY)-8.48%-13.21%-13.38%-19.84%-19.56%-1,107 bps
Deposit Growth (YoY)-10.67%-8.56%-7.57%-8.94%-7.28%+340 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.14%0.15%0.15%0.17%0.18%+3 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 Capital71.88%80.87%79.04%82.28%84.44%+1,256 bps
Equity / Assets22.68%25.42%23.71%23.87%24.15%+148 bps
Liquidity & Funding
Loans / Deposits49.95%47.80%46.17%42.02%43.33%-661 bps
Liquid Assets / Assets0.09%0.11%3.17%8.23%5.89%+580 bps
CRE / Total Capitaln/an/an/an/an/an/an/a