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Colombo Bank

Rockville, MD · Cert 32654

FDIC

Q3 2013

$140.1MAssets
$79.5MLoans
$102.5MDeposits
$12.0MEquity
Loan mix
95%RE $65.4M4%C&I $2.9M0%Consumer $0.2MQ3 2012Q3 2013
Deposit mix
82%Interest-bearing $84.1M18%Noninterest $18.4MQ3 2012Q3 2013

NIM

4.15%Q1 ’123.54%Q3 ’123.47%Q3 ’13-17%+1%

Non-interest income vs. expense

4.07%Q1 ’124.25%Q3 ’124.38%Q3 ’13-9%+16%

Executive Summary

  • Earnings: ROA of -1.41%, down 49 bps year over year; NIM at 2.35%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.20%.
  • Funding: loans stand at 77.52% of deposits as of Q3 2013.

Financial Results

Return on Assets (quarter, annualized)

-1.41%-49 bps YoY

Net Interest Margin (quarter, annualized)

2.35%+1 bps YoY

Efficiency Ratio (quarter, annualized)

147.42%+2,022 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets-0.93%-1.11%-1.83%-1.06%-1.41%-49 bps
Return on Equity-9.30%-10.88%-18.50%-11.10%-15.71%-641 bps
Net Interest Margin2.34%2.42%1.96%2.02%2.35%+1 bps
Efficiency Ratio127.20%134.34%168.10%127.99%147.42%+2,022 bps
Non-Interest Burden3.25%3.53%3.81%3.09%3.76%+51 bps
Growth
Asset Growth (YoY)-6.33%-6.36%-4.90%-13.30%-3.62%+271 bps
Loan Growth (YoY)-14.92%-8.29%-7.94%-7.22%4.16%+1,908 bps
Deposit Growth (YoY)-10.74%-9.27%-6.54%-11.06%-0.01%+1,073 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.48%1.36%0.25%0.95%-0.20%-67 bps
Allowance / Loans3.15%2.77%2.84%2.65%2.47%-68 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 Capital21.92%22.02%20.18%19.41%17.36%-456 bps
Equity / Assets10.26%10.13%9.62%9.46%8.57%-168 bps
Liquidity & Funding
Loans / Deposits74.42%75.93%72.65%75.15%77.52%+311 bps
Liquid Assets / Assets21.41%20.87%21.79%19.06%19.04%-237 bps
CRE / Total Capitaln/an/an/an/an/an/an/a