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Parkway Bank, National Association

Plano, TX · Cert 35266

FDIC

Q4 2010

$144.7MAssets
$108.8MLoans
$122.9MDeposits
$21.2MEquity
Deposit mix
79%Interest-bearing $97.6M21%Noninterest $25.4MQ4 2009Q4 2010

NIM

5.00%Q4 ’084.23%Q4 ’094.43%Q4 ’10+12%+11%

Non-interest income vs. expense

2.61%Q4 ’082.54%Q4 ’092.80%Q4 ’10-2%+9%

Executive Summary

  • Earnings: ROA of 0.20%, down 18 bps year over year; NIM at 3.54%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.34%.
  • Funding: loans stand at 88.47% of deposits as of Q4 2010.

Financial Results

Return on Assets (YTD, annualized)

0.20%-18 bps YoY

Net Interest Margin (YTD, annualized)

3.54%+35 bps YoY

Efficiency Ratio (YTD, annualized)

77.21%-95 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q2 2010Q3 2010Q4 2010YoY ΔTrend
Earnings
Return on Assets0.38%0.59%0.53%0.47%0.20%-18 bps
Return on Equity3.39%4.84%4.17%3.62%1.53%-186 bps
Net Interest Margin3.19%3.65%3.64%3.59%3.54%+35 bps
Efficiency Ratio78.16%71.73%73.11%74.98%77.21%-95 bps
Non-Interest Burden2.51%2.63%2.68%2.72%2.74%+24 bps
Growth
Asset Growth (YoY)15.56%4.57%-9.54%-6.13%-10.27%-2,583 bps
Loan Growth (YoY)16.97%15.76%-8.12%-8.73%-7.68%-2,465 bps
Deposit Growth (YoY)14.90%3.13%-12.77%-8.76%-13.27%-2,817 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.34%0.47%0.36%0.27%0.34%0 bps
Allowance / Loans1.09%1.09%1.12%1.22%1.37%+28 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 Capital15.73%16.44%18.54%19.00%19.31%+358 bps
Equity / Assets11.77%12.57%14.10%13.82%14.64%+288 bps
Liquidity & Funding
Loans / Deposits83.12%86.69%88.21%83.79%88.47%+535 bps
Liquid Assets / Assets14.51%11.66%10.75%16.08%13.34%-117 bps
CRE / Total Capitaln/an/an/an/an/an/an/a