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First State Bank, Honey Grove, Texas

Honey Grove, TX · Cert 3258

FDIC · 9 branches

Q3 2015

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2015, the quarter ended September 30, 2015, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First State Bank, Honey Grove, Texas

Honey Grove, TX · Cert 3258

FDIC · 9 branches

Q3 2015

$1.4BAssets
$1.1BLoans
$1.1BDeposits
$152.5MEquity
Loan mix
51%RE $405.8M48%C&I $383.3M0%Consumer $2.0MQ3 2014Q3 2015
Deposit mix
84%Interest-bearing $889.6M16%Noninterest $174.1MQ3 2014Q3 2015

NIM

3.69%Q3 ’133.57%Q3 ’143.47%Q3 ’15+5%0%

Non-interest income vs. expense

4.38%Q3 ’133.17%Q3 ’142.73%Q3 ’15+13%+0%

Market Position · Houston-The Woodlands-Sugar Land, TX · 2015 SOD (annual) · 0.4% share · #24 of 103 inst. · $0.9B of $215.2B

0.4% Harris
0.1% Dallas
2.3% Galveston
14.1% Fannin

Executive Summary

  • Earnings: ROA of 0.67%, unchanged from a year ago; NIM at 2.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
  • Capital: tier 1 leverage ratio of 10.33%.
  • Funding: loans stand at 102.60% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

0.67%0 bps YoY

Net Interest Margin (YTD, annualized)

2.80%-1 bps YoY

Efficiency Ratio (YTD, annualized)

76.06%-180 bps YoY

Tier 1 Leverage Ratio

10.33%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets0.67%0.72%0.60%0.61%0.67%0 bps
Return on Equity6.23%6.75%5.65%5.69%6.30%+6 bps
Net Interest Margin2.81%2.77%2.70%2.78%2.80%-1 bps
Efficiency Ratio77.86%77.90%79.01%76.68%76.06%-180 bps
Non-Interest Burden1.94%1.93%1.96%1.94%1.94%0 bps
Growth
Asset Growth (YoY)10.29%10.27%8.57%5.11%4.86%-543 bps
Loan Growth (YoY)12.39%12.95%11.98%9.02%14.10%+170 bps
Deposit Growth (YoY)2.94%6.94%10.52%5.71%-1.93%-487 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.23%0.20%0.17%0.06%-0.03%-26 bps
Allowance / Loans1.32%1.16%1.09%1.06%1.00%-32 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a10.27%10.49%10.33%n/a
Total Risk-Based Capital13.87%13.11%12.71%12.40%12.26%-161 bps
Equity / Assets10.47%10.34%10.79%10.83%10.63%+16 bps
Liquidity & Funding
Loans / Deposits88.19%85.90%88.52%93.96%102.60%+1,441 bps
Liquid Assets / Assets2.32%4.22%3.10%1.71%4.71%+239 bps
CRE / Total Capitaln/an/an/an/an/an/an/a