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Reliance Bank

Des Peres, MO · Cert 35123

FDIC · 22 branches

Q1 2019

$1.5BAssets
$1.1BLoans
$1.2BDeposits
$142.4MEquity
Loan mix
84%RE $375.8M15%C&I $68.2M0%Consumer $1.0MQ2 2017Q1 2019
Deposit mix
90%Interest-bearing $1.1B10%Noninterest $0.1BQ2 2017Q1 2019

Market Position · St. Louis, MO-IL · 2018 SOD (annual) · 1.3% share · #15 of 125 inst. · $1.2B of $86.9B

2.1% St. Louis
0.5% St. Louis (City)
2.2% St. Charles
1.5% Madison

Executive Summary

  • Earnings: ROA of 0.99%, down 10 bps year over year; NIM at 2.40%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 9.01%, down 166 bps from a year ago.
  • Funding: loans stand at 93.26% of deposits as of Q1 2019.

Return on Assets (quarter, annualized)

0.99%-10 bps YoY

Net Interest Margin (quarter, annualized)

2.40%-21 bps YoY

Efficiency Ratio (quarter, annualized)

56.20%-157 bps YoY

Tier 1 Leverage Ratio

9.01%-166 bps YoY

NIM

3.14%Q1 ’173.40%Q1 ’183.67%Q1 ’19+1%-8%

Non-interest income vs. expense

1.59%Q1 ’171.64%Q1 ’181.46%Q1 ’19+4%-11%

Discrete quarter, annualized.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets0.98%1.03%-1.97%1.09%1.10%1.11%1.03%0.99%-10 bps
Return on Equity8.28%8.78%-17.30%9.99%10.50%10.85%9.82%9.98%-1 bps
Net Interest Margin2.63%2.67%2.61%2.61%2.61%2.59%2.57%2.40%-21 bps
Efficiency Ratio57.16%55.16%57.21%57.77%53.27%52.16%56.57%56.20%-157 bps
Non-Interest Burden1.36%1.32%1.37%1.39%1.27%1.23%1.34%1.24%-15 bps
Growth
Asset Growth (YoY)11.14%11.49%9.01%6.58%8.55%7.32%8.66%7.85%+127 bps
Loan Growth (YoY)19.08%17.97%14.49%14.28%14.66%13.13%13.09%11.34%-294 bps
Deposit Growth (YoY)12.60%13.11%10.94%1.01%10.60%10.25%11.03%8.84%+783 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.06%-0.03%0.08%-0.06%0.02%-0.01%0.06%0.00%+6 bps
Allowance / Loans1.29%1.22%1.17%1.11%1.05%1.02%0.97%0.95%-16 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.61%10.82%10.68%10.67%10.40%10.50%10.65%9.01%-166 bps
Total Risk-Based Capital13.16%12.93%12.99%12.76%12.45%12.58%12.70%10.94%-182 bps
Equity / Assets11.72%11.70%11.13%10.77%10.25%10.26%10.62%9.23%-154 bps
Liquidity & Funding
Loans / Deposits87.86%90.26%90.34%91.16%91.09%92.62%92.01%93.26%+210 bps
Liquid Assets / Assets1.39%1.14%1.03%0.65%0.72%0.71%0.69%0.70%+5 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a