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Trinity Bank

Monroe, NC · Cert 35288

FDIC

Q3 2005

$164.0MAssets
$114.7MLoans
$133.8MDeposits
$13.9MEquity
Loan mix
48%RE $17.4M52%C&I $18.7M0%Consumer $0.1MQ3 2004Q3 2005
Deposit mix
92%Interest-bearing $123.8M8%Noninterest $10.0MQ3 2004Q3 2005

NIM

5.37%Q3 ’035.18%Q3 ’046.15%Q3 ’05+4%+12%

Non-interest income vs. expense

3.06%Q3 ’032.67%Q3 ’042.56%Q3 ’05-14%+0%

Executive Summary

  • Earnings: ROA of 0.77%, up 11 bps year over year; NIM at 3.41%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 85.76% of deposits as of Q3 2005.

Financial Results

Return on Assets (quarter, annualized)

0.77%+11 bps YoY

Net Interest Margin (quarter, annualized)

3.41%+38 bps YoY

Efficiency Ratio (quarter, annualized)

65.84%-782 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2004Q4 2004Q1 2005Q2 2005Q3 2005YoY ΔTrend
Earnings
Return on Assets0.66%3.54%0.61%0.67%0.77%+11 bps
Return on Equity8.15%41.68%6.95%7.88%9.19%+104 bps
Net Interest Margin3.03%3.30%3.23%3.39%3.41%+38 bps
Efficiency Ratio73.66%67.33%66.41%65.10%65.84%-782 bps
Non-Interest Burden2.08%2.04%1.98%2.02%2.09%+1 bps
Growth
Asset Growth (YoY)23.12%21.22%17.82%18.36%11.19%-1,193 bps
Loan Growth (YoY)12.16%11.41%10.53%20.45%12.08%-7 bps
Deposit Growth (YoY)26.33%21.97%19.56%12.14%7.61%-1,872 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.03%0.39%0.03%0.00%0 bps
Allowance / Loans1.23%1.30%1.28%1.25%1.30%+7 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 Capital13.37%14.53%14.48%13.44%13.68%+30 bps
Equity / Assets8.19%8.81%8.73%8.41%8.45%+26 bps
Liquidity & Funding
Loans / Deposits82.33%81.20%83.25%89.43%85.76%+343 bps
Liquid Assets / Assets0.77%0.11%0.06%0.05%0.15%-62 bps
CRE / Total Capitaln/an/an/an/an/an/an/a