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Intervest National Bank

New York, NY · Cert 35011

FDIC · 7 branches

Q4 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: Q4 2014, the quarter ended December 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

Intervest National Bank

New York, NY · Cert 35011

FDIC · 7 branches

Q4 2014

$1.5BAssets
$1.1BLoans
$1.2BDeposits
$257.6MEquity
Loan mix
100%RE $324.8M0%C&I $0.9M0%Consumer $0.1MQ4 2013Q4 2014
Deposit mix
97%Interest-bearing $1.2B3%Noninterest $0.0BQ4 2013Q4 2014

NIM

4.84%Q4 ’124.19%Q4 ’134.51%Q4 ’14-5%+27%

Non-interest income vs. expense

1.38%Q4 ’121.18%Q4 ’131.20%Q4 ’14-30%+26%

Market Position · Tampa-St. Petersburg-Clearwater, FL · 2014 SOD (annual) · 1.2% share · #13 of 66 inst. · $0.8B of $65.7B

2.4% Pinellas
0.1% New York

Executive Summary

  • Earnings: ROA of 1.31%, up 32 bps year over year; NIM at 3.27%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 94.29% of deposits as of Q4 2014.

Financial Results

Return on Assets (YTD, annualized)

1.31%+32 bps YoY

Net Interest Margin (YTD, annualized)

3.27%+69 bps YoY

Efficiency Ratio (YTD, annualized)

35.23%-537 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets0.99%1.06%1.30%1.30%1.31%+32 bps
Return on Equity6.33%6.82%8.29%8.17%8.05%+172 bps
Net Interest Margin2.58%2.83%3.09%3.13%3.27%+69 bps
Efficiency Ratio40.60%42.13%35.44%34.16%35.23%-537 bps
Non-Interest Burden0.85%1.08%0.99%0.98%1.06%+22 bps
Growth
Asset Growth (YoY)-5.89%-1.59%-1.16%-4.25%-6.06%-17 bps
Loan Growth (YoY)1.90%5.63%9.66%6.83%0.50%-141 bps
Deposit Growth (YoY)-5.97%-0.99%-1.55%-6.25%-8.44%-247 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.02%-0.03%-0.05%-0.03%0.01%+4 bps
Allowance / Loans2.47%2.40%2.30%2.27%2.22%-24 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 Capital20.91%21.10%21.45%21.48%22.97%+205 bps
Equity / Assets15.49%15.47%16.07%16.76%17.63%+214 bps
Liquidity & Funding
Loans / Deposits85.90%85.16%88.43%93.98%94.29%+839 bps
Liquid Assets / Assets26.06%26.97%25.31%0.94%7.69%-1,837 bps
CRE / Total Capitaln/an/an/an/an/an/an/a