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Community Security Bank

New Prague, MN · Cert 34486

FDIC

Q2 2010

$100.6MAssets
$74.1MLoans
$95.1MDeposits
$-400KEquity
Loan mix
81%RE $55.0M19%C&I $12.9M0%Consumer $0.1MQ2 2009Q2 2010
Deposit mix
92%Interest-bearing $87.9M8%Noninterest $7.2MQ2 2009Q2 2010

NIM

6.47%Q2 ’085.02%Q2 ’093.84%Q2 ’10-22%-23%

Non-interest income vs. expense

2.69%Q2 ’082.92%Q2 ’094.75%Q2 ’10-72%+855%

Executive Summary

  • Earnings: ROA of -9.91%, down 946 bps year over year; NIM at 2.11%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 10.05%.
  • Funding: loans stand at 77.92% of deposits as of Q2 2010.

Financial Results

Return on Assets (quarter, annualized)

-9.91%-946 bps YoY

Net Interest Margin (quarter, annualized)

2.11%-62 bps YoY

Efficiency Ratio (quarter, annualized)

226%+16,974 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-0.45%-2.74%-6.95%-17.26%-9.91%-946 bps
Return on Equity-5.48%-35.24%-102.02%-423%-1181%-117,532 bps
Net Interest Margin2.73%1.57%1.42%2.02%2.11%-62 bps
Efficiency Ratio56.70%157.08%211%130.31%226%+16,974 bps
Non-Interest Burden0.50%2.83%4.06%2.78%4.76%+426 bps
Growth
Asset Growth (YoY)2.08%0.54%-5.85%-8.87%-17.23%-1,931 bps
Loan Growth (YoY)-1.49%-5.34%-17.59%-19.30%-27.21%-2,572 bps
Deposit Growth (YoY)2.77%2.14%-4.32%-4.28%-9.89%-1,265 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.13%1.23%22.03%2.36%10.05%+892 bps
Allowance / Loans3.71%4.57%2.65%5.55%6.27%+256 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 Capital8.88%7.12%4.19%3.41%-0.69%-958 bps
Equity / Assets8.04%7.51%6.06%1.99%-0.40%-843 bps
Liquidity & Funding
Loans / Deposits96.46%93.75%86.10%83.62%77.92%-1,854 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