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Mutual Federal Savings Bank

Sidney, OH · Cert 30001

FDIC · 4 branches

Q3 2016

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 2016, the quarter ended September 30, 2016, 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

Mutual Federal Savings Bank

Sidney, OH · Cert 30001

FDIC · 4 branches

Q3 2016

$123.2MAssets
$82.0MLoans
$98.8MDeposits
$13.5MEquity
Loan mix
76%RE $50.3M13%C&I $8.3M11%Consumer $7.3MQ3 2015Q3 2016
Deposit mix
91%Interest-bearing $89.8M9%Noninterest $9.0MQ3 2015Q3 2016

NIM

4.09%Q3 ’144.00%Q3 ’154.12%Q3 ’16-1%+2%

Non-interest income vs. expense

3.60%Q3 ’143.51%Q3 ’153.69%Q3 ’16-1%+8%

Market Position · Dayton, OH · 2016 SOD (annual) · 0.3% share · #19 of 26 inst. · $0.0B of $11.0B

6.5% Shelby
2.6% Miami

Executive Summary

  • Earnings: ROA of 0.37%, down 14 bps year over year; NIM at 3.60%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Capital: tier 1 leverage ratio of 10.55%, down 43 bps from a year ago.
  • Funding: loans stand at 82.96% of deposits as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

0.37%-14 bps YoY

Net Interest Margin (YTD, annualized)

3.60%+9 bps YoY

Efficiency Ratio (YTD, annualized)

85.00%+417 bps YoY

Tier 1 Leverage Ratio

10.55%-43 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.52%0.48%0.19%0.24%0.37%-14 bps
Return on Equity4.68%4.39%1.69%2.21%3.42%-126 bps
Net Interest Margin3.51%3.47%3.36%3.39%3.60%+9 bps
Efficiency Ratio80.83%81.86%89.67%88.94%85.00%+417 bps
Non-Interest Burden2.92%2.94%3.15%3.15%3.17%+24 bps
Growth
Asset Growth (YoY)-1.22%2.41%1.30%5.07%9.08%+1,030 bps
Loan Growth (YoY)-1.34%-1.09%6.34%15.15%12.10%+1,344 bps
Deposit Growth (YoY)-3.78%-1.11%-1.75%2.24%5.81%+958 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.40%0.43%-0.04%0.01%0.06%-34 bps
Allowance / Loans1.42%1.27%1.21%1.14%1.11%-32 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.98%10.94%10.58%10.49%10.55%-43 bps
Total Risk-Based Capital18.36%17.03%16.00%15.24%14.93%-343 bps
Equity / Assets11.38%11.01%10.97%10.78%10.93%-45 bps
Liquidity & Funding
Loans / Deposits78.30%78.36%82.06%83.25%82.96%+466 bps
Liquid Assets / Assets2.36%6.40%3.13%4.54%5.60%+324 bps
CRE / Total Capitaln/an/an/an/an/an/an/a