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Town Center Bank

Portland, OR · Cert 34469

FDIC

Q2 2007

$137.9MAssets
$108.7MLoans
$108.4MDeposits
$16.0MEquity
Loan mix
87%RE $74.3M12%C&I $10.3M1%Consumer $0.6MQ2 2006Q2 2007
Deposit mix
87%Interest-bearing $94.4M13%Noninterest $14.0MQ2 2006Q2 2007

NIM

6.81%Q2 ’058.09%Q2 ’068.34%Q2 ’07+13%-8%

Non-interest income vs. expense

4.25%Q2 ’053.05%Q2 ’063.03%Q2 ’07-13%-3%

Executive Summary

  • Earnings: ROA of 1.71%, down 6 bps year over year; NIM at 5.03%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 100.28% of deposits as of Q2 2007.

Financial Results

Return on Assets (YTD, annualized)

1.71%-6 bps YoY

Net Interest Margin (YTD, annualized)

5.03%-45 bps YoY

Efficiency Ratio (YTD, annualized)

52.74%+319 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2006Q3 2006Q4 2006Q1 2007Q2 2007YoY ΔTrend
Earnings
Return on Assets1.77%1.83%1.83%1.72%1.71%-6 bps
Return on Equity16.40%16.70%16.53%14.66%14.65%-174 bps
Net Interest Margin5.47%5.40%5.38%5.08%5.03%-45 bps
Efficiency Ratio49.56%50.05%50.60%53.85%52.74%+319 bps
Non-Interest Burden2.37%2.33%2.35%2.42%2.31%-6 bps
Growth
Asset Growth (YoY)14.56%11.71%15.15%13.00%10.12%-443 bps
Loan Growth (YoY)13.94%13.68%16.23%4.78%-0.31%-1,425 bps
Deposit Growth (YoY)20.03%9.40%8.80%9.83%10.84%-920 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%0.06%0.06%0.00%0.00%-9 bps
Allowance / Loans1.00%1.03%1.07%1.10%1.12%+11 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 Capital13.71%14.14%14.49%14.98%14.89%+117 bps
Equity / Assets11.23%11.46%11.60%11.85%11.59%+37 bps
Liquidity & Funding
Loans / Deposits111.49%107.30%106.32%101.25%100.28%-1,121 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a