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Landmark Bank, N.A.

Fort Lauderdale, FL · Cert 34832

FDIC · 6 branches

Q4 2016

$395.9MAssets
$334.6MLoans
$310.6MDeposits
$54.9MEquity
Loan mix
80%RE $132.6M20%C&I $32.8M0%Consumer $0.5MQ1 2015Q4 2016
Deposit mix
70%Interest-bearing $216.8M30%Noninterest $93.8MQ1 2015Q4 2016

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2016 SOD (annual) · 0.1% share · #50 of 101 inst. · $0.3B of $225.9B

0.6% Broward
0.1% Palm Beach

Executive Summary

  • Earnings: ROA of 1.17%, up 3 bps year over year; NIM at 3.67%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.50%.
  • Capital: tier 1 leverage ratio of 13.16%, down 21 bps from a year ago.
  • Funding: loans stand at 107.73% of deposits as of Q4 2016.

Return on Assets (quarter, annualized)

1.17%+3 bps YoY

Net Interest Margin (quarter, annualized)

3.67%-25 bps YoY

Efficiency Ratio (quarter, annualized)

53.62%-713 bps YoY

Tier 1 Leverage Ratio

13.16%-21 bps YoY

NIM

5.72%Q4 ’144.59%Q4 ’154.30%Q4 ’16-22%-6%

Non-interest income vs. expense

2.83%Q4 ’142.85%Q4 ’152.22%Q4 ’16-22%-16%

Discrete quarter, annualized.

MetricQ1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets1.34%1.51%1.29%1.14%0.36%0.11%0.97%1.17%+3 bps
Return on Equity10.11%12.09%10.37%8.70%2.71%0.83%7.96%9.23%+53 bps
Net Interest Margin4.64%4.57%4.53%3.92%3.74%4.00%3.73%3.67%-25 bps
Efficiency Ratio54.20%47.95%54.42%60.75%65.62%58.12%58.95%53.62%-713 bps
Non-Interest Burden2.50%2.14%2.43%2.13%2.42%2.28%2.14%1.79%-34 bps
Growth
Asset Growth (YoY)30.75%10.43%12.39%11.92%11.86%2.20%18.32%3.92%-799 bps
Loan Growth (YoY)35.74%9.91%11.58%2.32%7.01%1.48%4.12%6.37%+404 bps
Deposit Growth (YoY)31.96%11.45%14.23%14.02%14.51%2.66%24.11%5.21%-881 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.23%-0.03%-0.03%1.05%-0.02%1.32%-0.15%-0.50%-155 bps
Allowance / Loans1.97%1.85%1.85%1.67%1.83%1.96%1.94%2.11%+44 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio13.41%12.88%13.07%13.37%13.62%13.06%12.90%13.16%-21 bps
Total Risk-Based Capital17.36%16.78%16.97%17.84%17.64%17.19%17.52%18.22%+38 bps
Equity / Assets12.97%12.08%12.78%13.42%12.88%12.77%11.60%13.88%+46 bps
Liquidity & Funding
Loans / Deposits108.06%102.28%107.70%106.55%100.99%101.10%90.35%107.73%+117 bps
Liquid Assets / Assets12.80%15.96%12.18%12.97%15.52%13.59%22.87%11.26%-171 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a