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Keystone Community Bank

Kalamazoo, MI · Cert 34387

FDIC

Q1 2014

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: Q1 2014, the quarter ended March 31, 2014, 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

Keystone Community Bank

Kalamazoo, MI · Cert 34387

FDIC

Q1 2014

$250.2MAssets
$171.9MLoans
$206.0MDeposits
$37.9MEquity
Loan mix
61%RE $83.5M37%C&I $50.3M3%Consumer $3.7MQ1 2013Q1 2014
Deposit mix
77%Interest-bearing $159.1M23%Noninterest $46.9MQ1 2013Q1 2014

NIM

4.45%Q1 ’123.85%Q1 ’133.54%Q1 ’14-10%-6%

Non-interest income vs. expense

2.53%Q1 ’122.64%Q1 ’132.69%Q1 ’14+3%+12%

Executive Summary

  • Earnings: ROA of 0.60%, down 8 bps year over year; NIM at 3.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.73%.
  • Funding: loans stand at 83.45% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

0.60%-8 bps YoY

Net Interest Margin (YTD, annualized)

3.32%-23 bps YoY

Efficiency Ratio (YTD, annualized)

74.20%+952 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets0.68%0.79%0.80%0.94%0.60%-8 bps
Return on Equity3.95%4.54%4.68%5.67%4.00%+5 bps
Net Interest Margin3.55%3.52%3.57%3.56%3.32%-23 bps
Efficiency Ratio64.68%63.78%65.63%66.12%74.20%+952 bps
Non-Interest Burden2.16%2.05%2.18%2.20%2.41%+26 bps
Growth
Asset Growth (YoY)-4.44%-1.64%0.13%1.77%3.00%+744 bps
Loan Growth (YoY)-6.85%-5.29%-2.00%-2.56%-0.77%+608 bps
Deposit Growth (YoY)-6.30%-2.80%4.80%4.35%6.27%+1,257 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.31%0.35%0.16%0.52%0.73%+42 bps
Allowance / Loans3.20%3.16%3.15%2.55%2.39%-81 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 Capital16.72%16.77%13.38%13.94%13.44%-327 bps
Equity / Assets17.64%17.82%15.58%15.10%15.15%-248 bps
Liquidity & Funding
Loans / Deposits89.36%90.50%89.90%82.50%83.45%-591 bps
Liquid Assets / Assets7.34%5.10%2.23%9.33%4.91%-243 bps
CRE / Total Capitaln/an/an/an/an/an/an/a