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Delta Bank, The

Cooper, TX · Cert 3150

FDIC

Q1 2007

$18.3MAssets
$9.2MLoans
$15.8MDeposits
$2.5MEquity
Loan mix
84%RE $4.5M15%C&I $0.8M1%Consumer $0.1MQ1 2006Q1 2007
Deposit mix
77%Interest-bearing $12.2M23%Noninterest $3.6MQ1 2006Q1 2007

NIM

5.24%Q1 ’055.79%Q1 ’066.40%Q1 ’07+5%+4%

Non-interest income vs. expense

2.47%Q1 ’052.77%Q1 ’063.34%Q1 ’07+10%+43%

Executive Summary

  • Earnings: ROA of 0.96%, down 54 bps year over year; NIM at 4.12%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 58.14% of deposits as of Q1 2007.

Financial Results

Return on Assets (YTD, annualized)

0.96%-54 bps YoY

Net Interest Margin (YTD, annualized)

4.12%+15 bps YoY

Efficiency Ratio (YTD, annualized)

68.95%+1,253 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2006Q2 2006Q3 2006Q4 2006Q1 2007YoY ΔTrend
Earnings
Return on Assets1.50%1.58%1.54%1.38%0.96%-54 bps
Return on Equity11.35%11.87%11.33%10.18%7.20%-416 bps
Net Interest Margin3.97%3.97%4.15%4.05%4.12%+15 bps
Efficiency Ratio56.42%54.73%56.45%60.53%68.95%+1,253 bps
Non-Interest Burden1.83%1.79%1.93%2.12%2.61%+79 bps
Growth
Asset Growth (YoY)-3.66%-6.33%-6.93%0.94%3.86%+752 bps
Loan Growth (YoY)-3.36%-5.62%-2.69%-0.05%3.43%+679 bps
Deposit Growth (YoY)-4.68%-7.26%-8.00%1.13%3.87%+855 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.05%0.03%0.02%0.00%-9 bps
Allowance / Loans1.03%1.03%0.99%0.98%0.99%-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 Capital14.19%14.30%14.90%13.82%13.97%-21 bps
Equity / Assets13.55%13.59%14.30%13.29%13.47%-8 bps
Liquidity & Funding
Loans / Deposits58.39%59.40%63.00%58.86%58.14%-25 bps
Liquid Assets / Assets0.58%0.59%0.61%0.58%0.58%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a