PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Bank of Tanglewood, National Association

Houston, TX · Cert 34316

FDIC

Q3 2002

$242.6MAssets
$132.6MLoans
$215.0MDeposits
$17.8MEquity
Loan mix
52%RE $36.4M48%C&I $33.9M0%Consumer $0.1MQ3 2001Q3 2002
Deposit mix
79%Interest-bearing $170.0M21%Noninterest $45.0MQ3 2001Q3 2002

NIM

7.50%Q1 ’016.80%Q3 ’015.48%Q3 ’02+2%-2%

Non-interest income vs. expense

2.92%Q1 ’012.82%Q3 ’012.95%Q3 ’02+4%+1%

Executive Summary

  • Earnings: ROA of 1.04%, up 6 bps year over year; NIM at 3.97%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 61.68% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

1.04%+6 bps YoY

Net Interest Margin (quarter, annualized)

3.97%-9 bps YoY

Efficiency Ratio (quarter, annualized)

65.90%+269 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.98%0.99%1.36%1.38%1.04%+6 bps
Return on Equity14.05%15.30%20.61%19.27%14.21%+17 bps
Net Interest Margin4.06%3.95%4.32%4.38%3.97%-9 bps
Efficiency Ratio63.22%65.64%54.25%56.47%65.90%+269 bps
Non-Interest Burden2.42%2.50%2.19%2.27%2.44%+2 bps
Growth
Asset Growth (YoY)61.50%60.93%32.03%17.38%5.53%-5,597 bps
Loan Growth (YoY)43.70%46.42%49.31%35.03%17.74%-2,595 bps
Deposit Growth (YoY)63.07%59.62%26.34%13.46%6.80%-5,627 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.02%0.00%0.00%0 bps
Allowance / Loans1.00%1.02%1.00%1.02%1.03%+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 Capital11.82%12.11%12.81%13.47%13.57%+175 bps
Equity / Assets6.65%6.26%6.95%7.33%7.32%+68 bps
Liquidity & Funding
Loans / Deposits55.95%53.61%65.46%65.45%61.68%+573 bps
Liquid Assets / Assets26.11%31.86%31.28%30.10%35.15%+904 bps
CRE / Total Capitaln/an/an/an/an/an/an/a