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Letter portraitLegal landscapeQuarterYTD

Orange Savings Bank, SSB

Orange, TX · Cert 30696

FDIC

Q1 2013

$437.8MAssets
$297.3MLoans
$379.6MDeposits
$45.9MEquity
Loan mix
74%RE $195.9M17%C&I $44.2M9%Consumer $24.4MQ1 2012Q1 2013
Deposit mix
86%Interest-bearing $325.0M14%Noninterest $54.6MQ1 2012Q1 2013

NIM

4.81%Q1 ’114.62%Q1 ’124.54%Q1 ’13-1%+3%

Non-interest income vs. expense

2.82%Q1 ’112.93%Q1 ’122.72%Q1 ’13-9%-10%

Executive Summary

  • Earnings: ROA of 2.07%, up 48 bps year over year; NIM at 4.03%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 78.32% of deposits as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

2.07%+48 bps YoY

Net Interest Margin (YTD, annualized)

4.03%+13 bps YoY

Efficiency Ratio (YTD, annualized)

57.14%-631 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets1.58%1.63%1.59%1.60%2.07%+48 bps
Return on Equity15.45%15.95%15.46%15.53%19.93%+448 bps
Net Interest Margin3.90%3.86%3.90%3.82%4.03%+13 bps
Efficiency Ratio63.45%62.01%62.51%62.00%57.14%-631 bps
Non-Interest Burden2.21%2.10%2.17%2.11%1.99%-22 bps
Growth
Asset Growth (YoY)8.18%10.72%5.38%10.41%5.84%-234 bps
Loan Growth (YoY)5.46%14.21%16.98%21.48%20.97%+1,550 bps
Deposit Growth (YoY)11.28%14.08%7.60%9.44%4.65%-662 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%0.02%0.04%0.09%0.03%+1 bps
Allowance / Loans1.08%1.07%1.08%1.02%1.01%-7 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 Capital16.94%16.07%15.93%15.26%15.53%-141 bps
Equity / Assets10.18%10.16%10.45%10.24%10.49%+31 bps
Liquidity & Funding
Loans / Deposits67.75%71.66%73.82%77.63%78.32%+1,056 bps
Liquid Assets / Assets8.17%5.74%5.81%3.89%3.68%-449 bps
CRE / Total Capitaln/an/an/an/an/an/an/a