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First National Bank of Bridgeport, The

Bridgeport, TX · Cert 3114

FDIC

Q3 2012

$333.2MAssets
$215.6MLoans
$282.3MDeposits
$41.8MEquity
Loan mix
78%RE $143.2M13%C&I $24.3M8%Consumer $15.4MQ4 2010Q3 2012
Deposit mix
69%Interest-bearing $194.3M31%Noninterest $88.0MQ4 2010Q3 2012

Executive Summary

  • Earnings: ROA of 1.47%, down 21 bps year over year; NIM at 4.14%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.61%.
  • Funding: loans stand at 76.38% of deposits as of Q3 2012.

Return on Assets (quarter, annualized)

1.47%-21 bps YoY

Net Interest Margin (quarter, annualized)

4.14%-7 bps YoY

Efficiency Ratio (quarter, annualized)

58.12%+622 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

4.61%Q3 ’104.46%Q3 ’114.29%Q3 ’12+3%-2%

Non-interest income vs. expense

3.31%Q3 ’103.15%Q3 ’113.02%Q3 ’12-33%+40%

Discrete quarter, annualized.

MetricQ4 2010Q1 2011Q2 2011Q3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets1.37%1.39%1.33%1.67%1.35%1.08%1.33%1.47%-21 bps
Return on Equity9.89%10.51%10.38%13.23%10.55%8.45%10.61%11.75%-148 bps
Net Interest Margin4.11%4.24%4.29%4.21%4.17%4.19%4.14%4.14%-7 bps
Efficiency Ratio61.27%58.65%59.43%51.90%60.97%67.58%62.57%58.12%+622 bps
Non-Interest Burden2.22%2.07%2.21%1.45%2.26%2.54%2.27%2.02%+58 bps
Growth
Asset Growth (YoY)9.27%15.84%15.54%16.46%9.92%7.28%6.15%1.99%-1,446 bps
Loan Growth (YoY)2.63%10.68%23.17%25.77%18.08%16.40%13.67%11.96%-1,381 bps
Deposit Growth (YoY)12.66%19.19%18.17%19.10%13.29%7.32%5.11%2.82%-1,628 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.15%-0.21%0.27%0.55%-0.05%0.68%0.05%0.61%+6 bps
Allowance / Loans2.65%2.62%2.48%2.41%2.44%2.20%2.11%1.93%-47 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital16.45%15.62%15.32%15.02%15.33%14.63%14.38%14.41%-61 bps
Equity / Assets13.47%12.97%12.71%12.58%13.01%12.63%12.42%12.55%-3 bps
Liquidity & Funding
Loans / Deposits68.25%68.21%69.62%70.14%71.14%73.98%75.29%76.38%+624 bps
Liquid Assets / Assets5.08%5.58%6.10%6.61%5.65%2.01%3.43%0.84%-576 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a