State National Bank of Texas

Iowa Park, TX · Cert 3270

FDIC · 9 branches

Q4 2014

$236.1MAssets

$86.6MLoans

$213.7MDeposits

$21.3MEquity

Loan mix

Deposit mix

NIM

Market Position · Wichita Falls, TX · 2014 SOD (annual) · 8.2% share · #7 of 15 inst. · $0.2B of $2.5B

5.7% Wichita

69.5% Archer

2.6% Wilbarger

0.7% Wise

Earnings: ROA of 0.82%, down 3 bps year over year; NIM at 2.78%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.11%.
Funding: loans stand at 40.53% of deposits as of Q4 2014.

Return on Assets (YTD, annualized)

0.82%¹-3 bps YoY

Net Interest Margin (YTD, annualized)

2.78%-18 bps YoY

Efficiency Ratio (YTD, annualized)

94.46%+1,618 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2013	Q1 2014	Q2 2014	Q3 2014	Q4 2014	YoY Δ	Trend
Earnings
Return on Assets	0.84%	0.62%	0.61%	0.68%	0.82%¹	-3 bps
Return on Equity	8.96%	6.63%	6.64%	7.38%	8.90%	-6 bps
Net Interest Margin	2.95%	2.89%	2.82%	2.81%	2.78%	-18 bps
Efficiency Ratio	78.28%	82.80%	82.80%	80.71%	94.46%	+1,618 bps
Non-Interest Burden	2.16%	2.28%	2.22%	2.14%	2.59%	+43 bps
Growth
Asset Growth (YoY)	1.47%	7.27%	11.70%	4.77%	5.86%	+440 bps
Loan Growth (YoY)	-10.43%	-8.89%	-5.48%	-1.10%	-4.25%	+619 bps
Deposit Growth (YoY)	1.53%	7.80%	12.53%	4.80%	5.85%	+432 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.07%	0.04%	0.05%	0.06%	0.11%	+4 bps
Allowance / Loans	1.40%	1.43%	1.44%	1.40%	1.35%	-5 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	19.27%	19.38%	19.35%	19.83%	25.30%	+603 bps
Equity / Assets	9.36%	9.20%	8.85%	9.42%	9.03%	-34 bps
Liquidity & Funding
Loans / Deposits	44.81%	41.59%	39.80%	42.11%	40.53%	-427 bps
Liquid Assets / Assets	10.26%	9.83%	10.52%	9.26%	39.20%	+2,895 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a