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First Coleman National Bank

Coleman, TX · Cert 3143

FDIC

Q3 2010

$60.3MAssets
$52.9MLoans
$53.6MDeposits
$6.6MEquity
Deposit mix
70%Interest-bearing $37.7M30%Noninterest $15.9MQ3 2009Q3 2010

NIM

6.53%Q3 ’085.74%Q3 ’095.43%Q3 ’10-5%-3%

Non-interest income vs. expense

2.80%Q3 ’082.73%Q3 ’092.79%Q3 ’10+22%+24%

Executive Summary

  • Earnings: ROA of 2.87%, down 54 bps year over year; NIM at 4.86%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 98.81% of deposits as of Q3 2010.

Financial Results

Return on Assets (quarter, annualized)

2.87%-54 bps YoY

Net Interest Margin (quarter, annualized)

4.86%-17 bps YoY

Efficiency Ratio (quarter, annualized)

49.71%+505 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2009Q4 2009Q1 2010Q2 2010Q3 2010YoY ΔTrend
Earnings
Return on Assets3.41%1.45%3.26%3.15%2.87%-54 bps
Return on Equity30.80%13.50%31.04%28.89%26.35%-445 bps
Net Interest Margin5.02%5.01%4.95%4.79%4.86%-17 bps
Efficiency Ratio44.66%39.13%45.18%46.76%49.71%+505 bps
Non-Interest Burden1.64%1.34%1.67%1.72%2.03%+39 bps
Growth
Asset Growth (YoY)5.58%5.33%0.87%4.33%5.58%-1 bps
Loan Growth (YoY)1.96%1.09%-2.76%2.92%1.44%-51 bps
Deposit Growth (YoY)4.35%5.35%0.29%4.23%6.21%+186 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%3.58%-0.03%-0.67%0.00%-2 bps
Allowance / Loans1.33%0.97%1.02%1.18%1.18%-15 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 Capital12.89%11.47%12.76%12.84%13.63%+75 bps
Equity / Assets11.50%10.02%11.02%10.76%11.01%-48 bps
Liquidity & Funding
Loans / Deposits103.45%101.15%99.66%99.98%98.81%-464 bps
Liquid Assets / Assets3.08%4.94%6.86%6.59%8.30%+522 bps
CRE / Total Capitaln/an/an/an/an/an/an/a