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First Security Trust Bank, Inc.

Florence, KY · Cert 34863

FDIC

Q1 2014

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 2014, the quarter ended March 31, 2014, 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

First Security Trust Bank, Inc.

Florence, KY · Cert 34863

FDIC

Q1 2014

$82.3MAssets
$62.4MLoans
$70.8MDeposits
$8.1MEquity
Loan mix
93%RE $37.4M7%C&I $2.7M0%Consumer $0.2MQ1 2013Q1 2014
Deposit mix
83%Interest-bearing $58.9M17%Noninterest $11.9MQ1 2013Q1 2014

NIM

4.03%Q1 ’123.47%Q1 ’133.65%Q1 ’14+0%+8%

Non-interest income vs. expense

3.64%Q1 ’124.95%Q1 ’133.87%Q1 ’14+3%+4%

Executive Summary

  • Earnings: ROA of -0.10%, up 82 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.92%.
  • Funding: loans stand at 88.17% of deposits as of Q1 2014.

Financial Results

Return on Assets (YTD, annualized)

-0.10%+82 bps YoY

Net Interest Margin (YTD, annualized)

3.41%+26 bps YoY

Efficiency Ratio (YTD, annualized)

103.35%-178 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2013Q2 2013Q3 2013Q4 2013Q1 2014YoY ΔTrend
Earnings
Return on Assets-0.92%-0.93%-0.90%-0.85%-0.10%+82 bps
Return on Equity-9.73%-9.84%-9.49%-8.97%-1.05%+868 bps
Net Interest Margin3.15%3.19%3.30%3.49%3.41%+26 bps
Efficiency Ratio105.13%110.29%111.66%112.98%103.35%-178 bps
Non-Interest Burden3.39%3.65%3.83%4.07%3.54%+15 bps
Growth
Asset Growth (YoY)-15.11%-15.44%-16.79%-13.55%-11.17%+394 bps
Loan Growth (YoY)-23.43%-22.00%-22.75%-9.93%-3.52%+1,991 bps
Deposit Growth (YoY)-16.27%-15.96%-18.22%-16.92%-13.91%+236 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.21%0.98%0.75%0.54%-0.92%-213 bps
Allowance / Loans2.17%2.11%2.19%2.10%2.42%+25 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 Capital13.99%13.94%14.04%13.88%14.11%+13 bps
Equity / Assets9.49%9.37%9.51%9.58%9.78%+29 bps
Liquidity & Funding
Loans / Deposits78.67%80.37%84.94%91.04%88.17%+950 bps
Liquid Assets / Assets0.45%0.91%0.99%0.69%0.67%+23 bps
CRE / Total Capitaln/an/an/an/an/an/an/a