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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

4.43%Q4 ’113.73%Q4 ’123.47%Q4 ’13-17%-9%

Non-interest income vs. expense

3.20%Q4 ’113.54%Q4 ’123.93%Q4 ’13+11%+11%

Executive Summary

  • Earnings: ROA of -0.73%, down 84 bps year over year; NIM at 2.73%.
  • 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 (quarter, annualized)

-0.73%-84 bps YoY

Net Interest Margin (quarter, annualized)

2.73%-26 bps YoY

Efficiency Ratio (quarter, annualized)

144.00%+2,589 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.11%1-0.51%-1.67%-0.57%-0.73%-84 bps
Return on Equity0.50%-2.14%-6.80%-2.39%-3.03%-353 bps
Net Interest Margin3.00%3.06%2.97%2.72%2.73%-26 bps
Efficiency Ratio118.11%119.67%166.67%143.69%144.00%+2,589 bps
Non-Interest Burden3.54%3.66%4.95%3.93%3.93%+40 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