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First National Bank of Goliad, The

Goliad, TX · Cert 3222

FDIC

Q3 2006

$43.4MAssets
$24.0MLoans
$39.6MDeposits
$3.5MEquity
Deposit mix
73%Interest-bearing $28.9M27%Noninterest $10.7MQ3 2005Q3 2006

NIM

5.00%Q3 ’045.48%Q3 ’056.44%Q3 ’06+7%+12%

Non-interest income vs. expense

4.97%Q3 ’043.95%Q3 ’053.88%Q3 ’06-15%-11%

Executive Summary

  • Earnings: ROA of 1.74%, up 117 bps year over year; NIM at 4.81%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.23%.
  • Funding: loans stand at 60.51% of deposits as of Q3 2006.

Financial Results

Return on Assets (quarter, annualized)

1.74%+117 bps YoY

Net Interest Margin (quarter, annualized)

4.81%+52 bps YoY

Efficiency Ratio (quarter, annualized)

67.52%-1,260 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.57%0.50%0.91%2.21%1.74%+117 bps
Return on Equity8.48%7.57%13.92%31.56%22.53%+1,405 bps
Net Interest Margin4.29%4.41%4.36%5.06%4.81%+52 bps
Efficiency Ratio80.11%85.22%79.69%62.61%67.52%-1,260 bps
Non-Interest Burden3.31%3.64%3.30%2.72%2.94%-37 bps
Growth
Asset Growth (YoY)7.58%4.90%7.84%3.41%-1.21%-880 bps
Loan Growth (YoY)-8.57%-10.38%-13.93%-4.13%-6.97%+160 bps
Deposit Growth (YoY)8.13%4.84%7.85%2.66%-2.82%-1,094 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.17%1.79%-0.19%0.46%-0.23%-40 bps
Allowance / Loans1.82%1.63%1.78%1.60%1.80%-2 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 Capital11.11%12.78%12.89%13.17%14.16%+305 bps
Equity / Assets6.61%6.53%6.61%7.39%8.03%+142 bps
Liquidity & Funding
Loans / Deposits63.21%57.81%55.46%62.84%60.51%-270 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a