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Synergy Bank, SSB

Waco, TX · Cert 34669

FDIC · 5 branches

Q1 2017

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 2017, the quarter ended March 31, 2017, 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

Synergy Bank, SSB

Waco, TX · Cert 34669

FDIC · 5 branches

Q1 2017

$156.2MAssets
$124.9MLoans
$127.7MDeposits
$17.9MEquity
Loan mix
80%RE $89.4M12%C&I $13.8M8%Consumer $8.6MQ1 2016Q1 2017
Deposit mix
81%Interest-bearing $102.8M19%Noninterest $24.8MQ1 2016Q1 2017

NIM

3.80%Q1 ’154.17%Q1 ’164.36%Q1 ’17+9%+3%

Non-interest income vs. expense

4.47%Q1 ’154.34%Q1 ’163.74%Q1 ’17+19%+5%

Market Position · Dallas-Fort Worth-Arlington, TX · 2016 SOD (annual) · 0.0% share · #102 of 159 inst. · $0.1B of $247.2B

0.9% McLennan
0.0% Dallas
0.2% Denton
0.1% Collin

Executive Summary

  • Earnings: ROA of 0.10%, down 3 bps year over year; NIM at 3.86%.
  • Asset quality: problem loans at 1.68% of loans (+168 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 9.01%, down 94 bps from a year ago.
  • Funding: loans stand at 97.82% of deposits as of Q1 2017.

Financial Results

Return on Assets (YTD, annualized)

0.10%-3 bps YoY

Net Interest Margin (YTD, annualized)

3.86%+11 bps YoY

Efficiency Ratio (YTD, annualized)

91.70%-6 bps YoY

Tier 1 Leverage Ratio

9.01%-94 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.14%0.15%0.19%-0.07%0.10%-3 bps
Return on Equity1.04%1.18%1.50%-0.55%0.89%-15 bps
Net Interest Margin3.76%3.65%3.64%3.59%3.86%+11 bps
Efficiency Ratio91.76%91.15%90.00%93.61%91.70%-6 bps
Non-Interest Burden3.25%3.14%3.09%3.24%3.42%+17 bps
Growth
Asset Growth (YoY)12.45%9.12%13.77%12.00%12.75%+30 bps
Loan Growth (YoY)32.77%18.68%17.43%18.44%16.92%-1,585 bps
Deposit Growth (YoY)17.64%16.00%17.48%11.55%6.66%-1,098 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%1.68%+168 bps
Net Charge-Offs / Loans0.09%0.04%0.03%0.08%-0.02%-11 bps
Allowance / Loans0.79%0.82%0.84%0.80%0.83%+5 bps
Allowance Coverage of NPLsn/an/an/an/a0.5xn/an/a
Capital
Tier 1 Leverage Ratio9.96%9.57%9.46%9.08%9.01%-94 bps
Total Risk-Based Capital13.85%13.31%13.41%12.11%12.56%-129 bps
Equity / Assets13.07%12.84%12.03%11.67%11.49%-158 bps
Liquidity & Funding
Loans / Deposits89.24%90.92%86.56%93.05%97.82%+858 bps
Liquid Assets / Assets2.56%1.75%6.08%3.76%3.11%+55 bps
CRE / Total Capitaln/an/an/an/an/an/an/a