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South Padre Bank, National Association

South Padre Island, TX · Cert 34950

FDIC

Q3 2013

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: Q3 2013, the quarter ended September 30, 2013, 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

South Padre Bank, National Association

South Padre Island, TX · Cert 34950

FDIC

Q3 2013

$45.4MAssets
$23.6MLoans
$38.4MDeposits
$6.9MEquity
Loan mix
90%RE $15.3M6%C&I $1.1M3%Consumer $0.6MQ3 2012Q3 2013
Deposit mix
80%Interest-bearing $30.8M20%Noninterest $7.6MQ3 2012Q3 2013

NIM

4.29%Q3 ’113.69%Q3 ’123.29%Q3 ’13-16%-14%

Non-interest income vs. expense

2.48%Q3 ’112.45%Q3 ’122.36%Q3 ’13-3%-4%

Executive Summary

  • Earnings: ROA of 0.42%, down 24 bps year over year; NIM at 2.62%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.06%.
  • Funding: loans stand at 61.47% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.42%-24 bps YoY

Net Interest Margin (YTD, annualized)

2.62%-44 bps YoY

Efficiency Ratio (YTD, annualized)

80.53%+820 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.65%0.62%0.78%0.59%0.42%-24 bps
Return on Equity3.68%3.56%5.13%3.87%2.73%-94 bps
Net Interest Margin3.06%3.14%2.80%2.92%2.62%-44 bps
Efficiency Ratio72.33%73.22%65.31%72.60%80.53%+820 bps
Non-Interest Burden2.12%2.22%1.63%2.00%2.04%-8 bps
Growth
Asset Growth (YoY)11.66%11.84%8.37%4.23%3.43%-823 bps
Loan Growth (YoY)-9.17%-11.95%-7.87%-7.62%-5.88%+329 bps
Deposit Growth (YoY)13.96%16.82%12.44%6.59%5.73%-823 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%-0.16%-0.08%-0.06%-6 bps
Allowance / Loans1.71%1.68%1.71%1.83%1.82%+11 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 Capital37.19%31.58%33.50%36.35%31.58%-561 bps
Equity / Assets16.94%15.36%15.19%15.46%15.17%-177 bps
Liquidity & Funding
Loans / Deposits69.05%68.64%67.45%63.95%61.47%-758 bps
Liquid Assets / Assets32.93%30.85%34.92%38.34%40.89%+795 bps
CRE / Total Capitaln/an/an/an/an/an/an/a