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First Louisiana Bank

Shreveport, LA · Cert 34984

FDIC

Q4 2009

$127.8MAssets
$89.7MLoans
$87.1MDeposits
$20.1MEquity
Loan mix
65%RE $46.3M35%C&I $24.7M0%Consumer $0.0MQ4 2008Q4 2009
Deposit mix
71%Interest-bearing $61.9M29%Noninterest $25.1MQ4 2008Q4 2009

NIM

6.75%Q4 ’075.46%Q4 ’081.58%Q4 ’09-13%-63%

Non-interest income vs. expense

3.64%Q4 ’073.37%Q4 ’081.31%Q4 ’09-8%-64%

Executive Summary

  • Earnings: ROA of 0.65%, down 6 bps year over year; NIM at 1.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 103.04% of deposits as of Q4 2009.

Financial Results

Return on Assets (YTD, annualized)

0.65%-6 bps YoY

Net Interest Margin (YTD, annualized)

1.41%-244 bps YoY

Efficiency Ratio (YTD, annualized)

65.67%-546 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets0.71%0.54%0.67%-1.00%0.65%-6 bps
Return on Equity7.02%5.24%6.23%-9.36%5.54%-147 bps
Net Interest Margin3.85%4.34%4.79%4.93%1.41%-244 bps
Efficiency Ratio71.12%69.98%70.05%93.56%65.67%-546 bps
Non-Interest Burden2.48%2.73%3.03%4.58%0.90%-158 bps
Growth
Asset Growth (YoY)14.15%10.01%-7.16%-25.94%-8.85%-2,301 bps
Loan Growth (YoY)1.82%1.85%11.68%8.79%3.16%+134 bps
Deposit Growth (YoY)18.95%19.20%-10.68%-32.58%-22.38%-4,133 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.62%0.98%0.45%0.47%0.00%-62 bps
Allowance / Loans1.19%1.20%1.33%2.07%0.00%-119 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 Capital13.58%13.73%13.46%12.47%9.57%-401 bps
Equity / Assets10.08%10.74%11.32%10.61%15.70%+562 bps
Liquidity & Funding
Loans / Deposits77.53%81.16%97.42%100.85%103.04%+2,551 bps
Liquid Assets / Assets0.72%4.80%4.59%2.63%0.32%-41 bps
CRE / Total Capitaln/an/an/an/an/an/an/a