First National Bank of Crockett

Crockett, TX · Cert 3157

FDIC

Q4 2008

$199.2MAssets

$132.8MLoans

$161.9MDeposits

$34.5MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.51%, up 420 bps year over year; NIM at 3.26%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.74%.
Funding: loans stand at 82.06% of deposits as of Q4 2008.

Return on Assets (quarter, annualized)

0.51%+420 bps YoY

Net Interest Margin (quarter, annualized)

3.26%+1,574 bps YoY

Efficiency Ratio (quarter, annualized)

76.76%+969 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2007	Q1 2008	Q2 2008	Q3 2008	Q4 2008	YoY Δ	Trend
Earnings
Return on Assets	-3.69%	0.47%	0.51%	0.23%	0.51%	+420 bps
Return on Equity	-25.26%	2.34%	2.60%	1.19%	2.82%	+2,808 bps
Net Interest Margin	-12.48%	3.71%	3.45%	3.24%	3.26%	+1,574 bps
Efficiency Ratio	67.08%	76.94%	30.75%	83.62%	76.76%	+969 bps
Non-Interest Burden	-8.12%	2.69%	1.10%	2.64%	2.66%	+1,078 bps
Growth
Asset Growth (YoY)	15.46%	11.28%	20.78%	24.01%	15.88%	+41 bps
Loan Growth (YoY)	-0.30%	6.76%	12.93%	14.65%	20.56%	+2,086 bps
Deposit Growth (YoY)	0.71%	-2.80%	7.05%	11.40%	21.20%	+2,049 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.11%	0.10%	-0.08%	1.51%	-0.74%	-63 bps
Allowance / Loans	1.09%	1.12%	1.47%	1.11%	1.33%	+24 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	11.87%	11.76%	11.46%	11.77%	12.17%	+30 bps
Equity / Assets	19.97%	20.00%	19.38%	18.79%	17.30%	-267 bps
Liquidity & Funding
Loans / Deposits	82.49%	86.19%	89.80%	89.12%	82.06%	-43 bps
Liquid Assets / Assets	0.05%	0.05%	0.01%	0.03%	9.97%	+992 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a