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Landmark Bank, National Association

Ada, OK · Cert 34498

FDIC

Q1 2009

$580.8MAssets
$459.5MLoans
$519.5MDeposits
$42.1MEquity
Loan mix
84%RE $293.4M16%C&I $56.0M0%Consumer $1.7MQ1 2008Q1 2009
Deposit mix
80%Interest-bearing $415.5M20%Noninterest $104.0MQ1 2008Q1 2009

NIM

6.79%Q1 ’076.66%Q1 ’085.49%Q1 ’09+4%-3%

Non-interest income vs. expense

5.00%Q1 ’075.19%Q1 ’085.11%Q1 ’09+2%+1%

Executive Summary

  • Earnings: ROA of 0.39%, down 33 bps year over year; NIM at 4.25%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.37%.
  • Funding: loans stand at 88.45% of deposits as of Q1 2009.

Financial Results

Return on Assets (YTD, annualized)

0.39%-33 bps YoY

Net Interest Margin (YTD, annualized)

4.25%-15 bps YoY

Efficiency Ratio (YTD, annualized)

80.68%+206 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2008Q2 2008Q3 2008Q4 2008Q1 2009YoY ΔTrend
Earnings
Return on Assets0.71%0.66%0.71%0.60%0.39%-33 bps
Return on Equity9.57%8.98%9.58%8.15%5.29%-428 bps
Net Interest Margin4.40%4.29%4.35%4.42%4.25%-15 bps
Efficiency Ratio78.62%78.92%77.88%78.77%80.68%+206 bps
Non-Interest Burden2.98%2.91%2.88%3.00%3.02%+4 bps
Growth
Asset Growth (YoY)8.28%10.03%5.55%5.61%5.33%-295 bps
Loan Growth (YoY)11.00%10.53%6.91%6.81%5.80%-521 bps
Deposit Growth (YoY)8.45%10.72%8.14%6.43%4.66%-379 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.37%0.38%0.47%0.47%0.37%0 bps
Allowance / Loans1.21%1.21%1.22%1.37%1.45%+24 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 Capital10.33%10.15%10.47%10.33%10.31%-2 bps
Equity / Assets7.37%7.18%7.50%7.39%7.25%-12 bps
Liquidity & Funding
Loans / Deposits87.49%88.10%90.07%89.93%88.45%+95 bps
Liquid Assets / Assets1.85%1.56%0.84%0.06%0.73%-112 bps
CRE / Total Capitaln/an/an/an/an/an/an/a