Centrix Bank and Trust

Bedford, NH · Cert 35035

FDIC · 7 branches

Q3 2014

$965.8MAssets

$729.8MLoans

$728.3MDeposits

$92.8MEquity

Loan mix

Deposit mix

NIM

Market Position · Manchester-Nashua, NH · 2014 SOD (annual) · 6.4% share · #4 of 16 inst. · $0.7B of $10.6B

6.4% Hillsborough

1.1% Rockingham

1.2% Merrimack

1.2% Strafford

Earnings: ROA of 0.88%, up 3 bps year over year; NIM at 3.35%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.09%.
Funding: loans stand at 100.21% of deposits as of Q3 2014.

Return on Assets (YTD, annualized)

0.88%+3 bps YoY

Net Interest Margin (YTD, annualized)

3.35%+4 bps YoY

Efficiency Ratio (YTD, annualized)

54.57%-375 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.85%	0.87%	0.89%	0.85%	0.88%	+3 bps
Return on Equity	9.03%	9.27%	9.51%	9.09%	9.34%	+31 bps
Net Interest Margin	3.31%	3.32%	3.36%	3.33%	3.35%	+4 bps
Efficiency Ratio	58.32%	57.04%	54.43%	53.98%	54.57%	-375 bps
Non-Interest Burden	1.87%	1.83%	1.77%	1.73%	1.76%	-10 bps
Growth
Asset Growth (YoY)	10.86%	10.24%	11.75%	9.43%	6.23%	-463 bps
Loan Growth (YoY)	13.99%	12.73%	13.79%	15.29%	9.65%	-434 bps
Deposit Growth (YoY)	10.77%	15.78%	12.77%	10.77%	-0.60%	-1,138 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.05%	0.14%	0.16%	0.08%	0.09%	+4 bps
Allowance / Loans	1.19%	1.09%	1.07%	1.12%	1.10%	-9 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	13.39%	13.20%	12.99%	12.78%	13.19%	-20 bps
Equity / Assets	9.08%	9.42%	9.27%	9.33%	9.61%	+53 bps
Liquidity & Funding
Loans / Deposits	90.84%	94.09%	92.01%	92.84%	100.21%	+937 bps
Liquid Assets / Assets	2.92%	1.36%	1.43%	0.32%	2.84%	-8 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a