Hull Federal Savings Bank

Baltimore, MD · Cert 32660

FDIC

Q3 2012

$24.7MAssets

$18.9MLoans

$22.2MDeposits

$2.4MEquity

Deposit mix

Executive Summary

Earnings: ROA of -1.36%, up 448 bps year over year; NIM at 3.75%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.56%.
Funding: loans stand at 84.90% of deposits as of Q3 2012.

Return on Assets (quarter, annualized)

-1.36%+448 bps YoY

Net Interest Margin (quarter, annualized)

3.75%

Efficiency Ratio (quarter, annualized)

69.26%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	-0.38%	-1.89%	-3.67%	-5.84%	-2.42%	1.63%	6.73%	-1.36%	+448 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	73.52%	-13.80%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.36%	3.86%	3.75%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	54.15%	45.75%	69.26%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.33%	1.70%	2.59%	n/a
Growth
Asset Growth (YoY)	4.20%	1.21%	1.24%	-2.82%	-6.20%	-6.95%	-6.77%	-4.83%	-201 bps
Loan Growth (YoY)	-2.11%	-2.29%	-3.84%	-11.56%	-15.57%	-18.26%	-16.56%	-13.47%	-191 bps
Deposit Growth (YoY)	7.37%	2.47%	1.90%	-2.40%	-4.91%	-6.55%	-9.42%	-6.42%	-402 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	24.91%	0.14%	3.56%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	3.16%	2.24%	2.43%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	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	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	17.61%	21.04%	20.39%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.37%	9.94%	9.82%	n/a
Liquidity & Funding
Loans / Deposits	98.55%	98.86%	92.84%	91.82%	87.50%	86.47%	85.53%	84.90%	-692 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	14.20%	15.64%	16.01%	+1,601 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a