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Letter portraitLegal landscapeQuarterYTD

East Texas National Bank of Palestine, The

Palestine, TX · Cert 3379

FDIC

Q2 2013

$165.0MAssets
$62.8MLoans
$141.5MDeposits
$23.0MEquity
Loan mix
65%RE $39.6M23%C&I $14.2M12%Consumer $7.4MQ3 2011Q2 2013
Deposit mix
51%Interest-bearing $72.5M49%Noninterest $69.0MQ3 2011Q2 2013

Executive Summary

  • Earnings: ROA of -0.66%, down 125 bps year over year; NIM at -1.46%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
  • Funding: loans stand at 44.38% of deposits as of Q2 2013.

Return on Assets (quarter, annualized)

-0.66%-125 bps YoY

Net Interest Margin (quarter, annualized)

-1.46%-438 bps YoY

Efficiency Ratio (quarter, annualized)

112.47%+3,269 bps YoY

Tier 1 Leverage Ratio

n/a
n/a

NIM

3.55%Q2 ’113.04%Q2 ’12-1.53%Q2 ’13-14%-150%

Non-interest income vs. expense

3.34%Q2 ’112.99%Q2 ’12-1.32%Q2 ’13-12%-137%

Discrete quarter, annualized.

MetricQ3 2011Q4 2011Q1 2012Q2 2012Q3 2012Q4 2012Q1 2013Q2 2013YoY ΔTrend
Earnings
Return on Assets0.96%1.26%0.42%0.59%0.59%0.41%0.61%-0.66%-125 bps
Return on Equity13.26%17.32%5.71%7.98%8.05%5.61%8.45%-6.18%-1,417 bps
Net Interest Margin3.39%3.22%3.08%2.92%2.81%2.66%2.48%-1.46%-438 bps
Efficiency Ratio76.40%68.53%77.68%79.78%79.46%83.92%81.30%112.47%+3,269 bps
Non-Interest Burden2.37%1.92%2.19%2.16%2.06%2.09%1.86%-0.80%-296 bps
Growth
Asset Growth (YoY)9.28%7.76%3.28%6.65%5.34%8.22%6.08%13.09%+643 bps
Loan Growth (YoY)16.05%10.97%7.42%-0.81%-0.79%-4.62%-5.77%-6.74%-593 bps
Deposit Growth (YoY)9.82%8.55%3.50%6.85%5.42%8.36%6.53%4.88%-197 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%0.16%1.21%0.18%0.20%0.06%-0.03%0.03%-16 bps
Allowance / Loans0.89%0.85%0.80%0.84%0.90%0.98%1.02%0.00%-84 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/an/an/an/a
Total Risk-Based Capital15.25%14.65%15.57%15.63%15.98%16.42%17.05%17.13%+149 bps
Equity / Assets7.25%7.26%7.48%7.29%7.30%7.16%7.18%13.92%+663 bps
Liquidity & Funding
Loans / Deposits52.29%53.61%51.53%49.92%49.21%47.19%45.58%44.38%-553 bps
Liquid Assets / Assets39.47%36.71%37.84%37.85%37.65%38.32%41.28%45.59%+774 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a