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First Federal Bank Texas

Tyler, TX · Cert 30048

FDIC

Q4 2012

$166.0MAssets
$129.3MLoans
$112.3MDeposits
$15.3MEquity
Loan mix
95%RE $110.6M2%C&I $2.5M3%Consumer $3.1MQ4 2011Q4 2012
Deposit mix
89%Interest-bearing $99.7M11%Noninterest $12.6MQ4 2011Q4 2012

NIM

4.52%Q1 ’124.24%Q3 ’124.15%Q4 ’12-8%-2%

Non-interest income vs. expense

2.88%Q1 ’123.37%Q3 ’1213.06%Q4 ’12+62%+309%

Executive Summary

  • Earnings: ROA of -10.88%, down 1,096 bps year over year; NIM at 2.45%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 115.15% of deposits as of Q4 2012.

Financial Results

Return on Assets (quarter, annualized)

-10.88%-1,096 bps YoY

Net Interest Margin (quarter, annualized)

2.45%

Efficiency Ratio (quarter, annualized)

465%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets0.07%0.45%1.05%-1.30%-10.88%-1,096 bps
Return on Equityn/an/a10.36%-12.30%-109.31%n/a
Net Interest Marginn/a2.71%2.58%2.50%2.45%n/a
Efficiency Ration/a78.53%79.50%121.96%465%n/a
Non-Interest Burdenn/a1.92%1.75%3.11%12.70%n/a
Growth
Asset Growth (YoY)-3.94%-3.59%-10.24%-9.22%-21.75%-1,781 bps
Loan Growth (YoY)-4.50%-5.34%-7.99%-12.26%-19.46%-1,496 bps
Deposit Growth (YoY)0.05%4.98%-3.60%-5.76%-11.45%-1,150 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loansn/a2.12%0.13%0.00%0.00%n/a
Allowance / Loansn/a1.31%1.10%1.20%1.34%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/a16.46%17.59%17.51%14.59%n/a
Equity / Assetsn/a9.75%10.53%10.58%9.24%n/a
Liquidity & Funding
Loans / Deposits126.60%120.25%120.54%120.03%115.15%-1,145 bps
Liquid Assets / Assets0.00%6.78%6.66%5.85%6.16%+616 bps
CRE / Total Capitaln/an/an/an/an/an/an/a