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Southport Bank

Kenosha, WI · Cert 34289

FDIC · 3 branches

Q4 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2017, the quarter ended December 31, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Southport Bank

Kenosha, WI · Cert 34289

FDIC · 3 branches

Q4 2017

$288.5MAssets
$242.5MLoans
$242.0MDeposits
$31.1MEquity
Loan mix
82%RE $136.3M17%C&I $28.8M0%Consumer $0.3MQ4 2016Q4 2017
Deposit mix
81%Interest-bearing $196.6M19%Noninterest $45.4MQ4 2016Q4 2017

NIM

3.94%Q4 ’154.04%Q4 ’164.10%Q4 ’17+2%+0%

Non-interest income vs. expense

4.12%Q4 ’152.33%Q4 ’162.36%Q4 ’17-46%-8%

Market Position · Chicago-Naperville-Elgin, IL-IN-WI · 2017 SOD (annual) · 0.1% share · #97 of 196 inst. · $0.2B of $395.0B

Executive Summary

  • Earnings: ROA of 1.08%, down 32 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 0.95% of loans (+95 bps YoY), with net charge-offs at 0.21%.
  • Capital: tier 1 leverage ratio of 10.58%, up 36 bps from a year ago.
  • Funding: loans stand at 100.19% of deposits as of Q4 2017.

Financial Results

Return on Assets (YTD, annualized)

1.08%-32 bps YoY

Net Interest Margin (YTD, annualized)

3.58%0 bps YoY

Efficiency Ratio (YTD, annualized)

57.16%-227 bps YoY

Tier 1 Leverage Ratio

10.58%+36 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2016Q1 2017Q2 2017Q3 2017Q4 2017YoY ΔTrend
Earnings
Return on Assets1.40%1.41%1.35%1.30%1.08%-32 bps
Return on Equity13.84%12.85%12.36%11.94%9.95%-389 bps
Net Interest Margin3.57%3.77%3.70%3.57%3.58%0 bps
Efficiency Ratio59.43%56.20%56.15%59.94%57.16%-227 bps
Non-Interest Burden1.96%1.74%1.77%1.90%1.81%-15 bps
Growth
Asset Growth (YoY)1.57%0.39%2.67%8.96%4.94%+337 bps
Loan Growth (YoY)8.36%6.96%9.74%4.70%3.52%-484 bps
Deposit Growth (YoY)2.58%-0.31%0.29%6.78%5.52%+294 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.76%0.64%0.39%0.95%+95 bps
Net Charge-Offs / Loans-0.12%-0.14%-0.13%-0.12%0.21%+33 bps
Allowance / Loans1.94%1.82%1.75%1.58%1.27%-67 bps
Allowance Coverage of NPLsn/a2.4x2.7x4.0x1.3xn/a
Capital
Tier 1 Leverage Ratio10.22%10.88%10.85%10.82%10.58%+36 bps
Total Risk-Based Capital12.92%13.10%13.10%13.72%13.64%+72 bps
Equity / Assets10.73%11.14%10.85%10.71%10.77%+3 bps
Liquidity & Funding
Loans / Deposits102.12%107.01%106.13%101.47%100.19%-194 bps
Liquid Assets / Assets4.30%2.81%3.30%8.25%4.46%+16 bps
CRE / Total Capitaln/an/an/an/an/an/an/a