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Letter portraitLegal landscapeQuarterYTD

First National Bank of Mineola, The

Mineola, TX · Cert 3347

FDIC

Q4 2010

$27.7MAssets
$6.5MLoans
$25.2MDeposits
$2.3MEquity
Deposit mix
67%Interest-bearing $16.9M33%Noninterest $8.3MQ4 2009Q4 2010

NIM

4.73%Q4 ’083.83%Q4 ’093.12%Q4 ’10-16%-12%

Non-interest income vs. expense

4.22%Q4 ’084.00%Q4 ’094.22%Q4 ’10-8%-23%

Executive Summary

  • Earnings: ROA of 1.11%, up 75 bps year over year; NIM at 2.49%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 25.92% of deposits as of Q4 2010.

Financial Results

Return on Assets (YTD, annualized)

1.11%1+75 bps YoY

Net Interest Margin (YTD, annualized)

2.49%-33 bps YoY

Efficiency Ratio (YTD, annualized)

97.61%-943 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q2 2010Q3 2010Q4 2010YoY ΔTrend
Earnings
Return on Assets0.35%10.63%12.33%2.05%1.11%1+75 bps
Return on Equity4.17%8.22%27.84%23.60%12.90%+873 bps
Net Interest Margin2.82%2.95%2.75%2.61%2.49%-33 bps
Efficiency Ratio107.03%106.32%72.75%84.65%97.61%-943 bps
Non-Interest Burden3.08%3.18%1.25%1.87%2.38%-70 bps
Growth
Asset Growth (YoY)16.90%8.83%7.46%-4.03%-11.10%-2,800 bps
Loan Growth (YoY)-6.72%-2.55%-4.88%-9.78%-2.52%+420 bps
Deposit Growth (YoY)19.46%12.97%5.92%-3.07%-11.47%-3,093 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.24%0.00%0.00%0.00%0.05%-19 bps
Allowance / Loans1.12%1.21%1.33%1.17%1.15%+3 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 Capital21.18%21.87%25.44%27.52%29.04%+787 bps
Equity / Assets7.63%7.73%9.79%9.67%8.16%+53 bps
Liquidity & Funding
Loans / Deposits23.54%23.77%24.60%24.80%25.92%+238 bps
Liquid Assets / Assets0.04%0.05%0.04%0.05%0.04%+1 bps
CRE / Total Capitaln/an/an/an/an/an/an/a