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Coast National Bank

San Luis Obispo, CA · Cert 34381

FDIC · 3 branches

Q2 2016

$149.5MAssets
$96.0MLoans
$130.2MDeposits
$18.9MEquity
Loan mix
66%RE $44.2M34%C&I $22.9M0%Consumer $0.1MQ2 2015Q2 2016
Deposit mix
56%Interest-bearing $73.0M44%Noninterest $57.2MQ2 2015Q2 2016

NIM

3.50%Q2 ’143.94%Q2 ’153.95%Q2 ’16+14%+3%

Non-interest income vs. expense

4.10%Q2 ’144.04%Q2 ’153.40%Q2 ’16+5%-15%

Market Position · San Luis Obispo-Paso Robles-Arroyo Grande, CA · 2016 SOD (annual) · 2.1% share · #9 of 13 inst. · $0.1B of $6.1B

Executive Summary

  • Earnings: ROA of 0.47%, up 7 bps year over year; NIM at 3.90%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.36%.
  • Capital: tier 1 leverage ratio of 10.83%, up 113 bps from a year ago.
  • Funding: loans stand at 73.73% of deposits as of Q2 2016.

Financial Results

Return on Assets (YTD, annualized)

0.47%+7 bps YoY

Net Interest Margin (YTD, annualized)

3.90%+11 bps YoY

Efficiency Ratio (YTD, annualized)

80.91%-1,291 bps YoY

Tier 1 Leverage Ratio

10.83%+113 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.40%5.96%4.49%0.46%0.47%+7 bps
Return on Equity4.17%57.09%41.15%3.62%3.69%-49 bps
Net Interest Margin3.79%3.77%3.53%4.02%3.90%+11 bps
Efficiency Ratio93.82%65.55%69.22%81.14%80.91%-1,291 bps
Non-Interest Burden3.52%1.69%1.94%3.12%3.01%-51 bps
Growth
Asset Growth (YoY)5.77%12.19%13.40%12.12%15.12%+934 bps
Loan Growth (YoY)18.31%24.12%25.56%23.86%8.86%-945 bps
Deposit Growth (YoY)5.53%7.95%9.73%8.10%11.37%+584 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.22%-0.20%-0.18%-0.43%-0.36%-15 bps
Allowance / Loans2.09%1.51%1.51%1.59%1.66%-43 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.70%11.20%10.34%10.90%10.83%+113 bps
Total Risk-Based Capital13.19%14.68%14.03%14.26%14.42%+123 bps
Equity / Assets9.62%12.58%12.60%12.96%12.63%+301 bps
Liquidity & Funding
Loans / Deposits75.44%72.43%74.00%76.56%73.73%-170 bps
Liquid Assets / Assets9.51%15.72%13.41%11.53%14.63%+512 bps
CRE / Total Capitaln/an/an/an/an/an/an/a