PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

First Financial Bank, National Association

Cleburne, TX · Cert 3141

FDIC

Q3 2012

$323.4MAssets
$164.2MLoans
$287.8MDeposits
$31.1MEquity
Loan mix
70%RE $94.0M14%C&I $18.1M16%Consumer $22.0MQ3 2011Q3 2012
Deposit mix
69%Interest-bearing $198.1M31%Noninterest $89.7MQ3 2011Q3 2012

NIM

4.55%Q3 ’104.34%Q3 ’114.01%Q3 ’12-1%-6%

Non-interest income vs. expense

3.12%Q3 ’103.28%Q3 ’113.17%Q3 ’12+10%+15%

Executive Summary

  • Earnings: ROA of 1.38%, unchanged from a year ago; NIM at 3.90%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
  • Funding: loans stand at 57.07% of deposits as of Q3 2012.

Financial Results

Return on Assets (quarter, annualized)

1.38%0 bps YoY

Net Interest Margin (quarter, annualized)

3.90%-26 bps YoY

Efficiency Ratio (quarter, annualized)

62.72%+501 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012YoY ΔTrend
Earnings
Return on Assets1.39%1.52%1.33%1.43%1.38%0 bps
Return on Equity14.32%15.88%14.19%15.30%14.57%+25 bps
Net Interest Margin4.15%3.99%3.94%3.85%3.90%-26 bps
Efficiency Ratio57.71%59.76%60.42%61.76%62.72%+501 bps
Non-Interest Burden1.75%1.85%1.94%1.94%2.01%+26 bps
Growth
Asset Growth (YoY)5.31%11.01%11.03%14.69%10.62%+531 bps
Loan Growth (YoY)6.47%10.32%11.41%15.34%11.84%+538 bps
Deposit Growth (YoY)6.42%11.19%10.10%12.23%10.25%+383 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%-0.54%-0.02%0.21%0.07%+5 bps
Allowance / Loans2.45%2.54%2.65%2.48%2.48%+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 Capital14.90%14.83%14.84%14.69%15.23%+32 bps
Equity / Assets9.71%9.39%9.31%9.37%9.63%-8 bps
Liquidity & Funding
Loans / Deposits56.26%55.37%55.55%57.93%57.07%+81 bps
Liquid Assets / Assets2.89%2.72%3.37%1.33%1.71%-118 bps
CRE / Total Capitaln/an/an/an/an/an/an/a