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Letter portraitLegal landscapeQuarterYTD

Capital Savings Bank, S.S.B.

El Paso, TX · Cert 35322

FDIC · 4 branches

Q1 2017

$363.5MAssets
$280.3MLoans
$281.1MDeposits
$36.3MEquity
Loan mix
58%RE $125.2M40%C&I $86.0M1%Consumer $3.1MQ1 2016Q1 2017
Deposit mix
59%Interest-bearing $166.3M41%Noninterest $114.8MQ1 2016Q1 2017

NIM

3.96%Q1 ’153.84%Q1 ’163.97%Q1 ’17-5%+4%

Non-interest income vs. expense

3.18%Q1 ’152.96%Q1 ’162.67%Q1 ’17-6%-13%

Market Position · El Paso, TX · 2016 SOD (annual) · 2.7% share · #8 of 17 inst. · $0.3B of $10.3B

Executive Summary

  • Earnings: ROA of 0.96%, up 70 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.17% of loans (+17 bps YoY), with net charge-offs at 0.03%.
  • Capital: tier 1 leverage ratio of 9.98%, up 49 bps from a year ago.
  • Funding: loans stand at 99.70% of deposits as of Q1 2017.

Financial Results

Return on Assets (quarter, annualized)

0.96%+70 bps YoY

Net Interest Margin (quarter, annualized)

3.47%+13 bps YoY

Efficiency Ratio (quarter, annualized)

73.02%-1,281 bps YoY

Tier 1 Leverage Ratio

9.98%+49 bps YoY

Discrete quarter, annualized.

MetricQ1 2016Q2 2016Q3 2016Q4 2016Q1 2017YoY ΔTrend
Earnings
Return on Assets0.26%0.43%0.52%0.37%0.96%+70 bps
Return on Equity2.81%4.44%5.41%3.78%9.64%+683 bps
Net Interest Margin3.34%3.36%3.32%3.30%3.47%+13 bps
Efficiency Ratio85.83%84.10%84.85%89.06%73.02%-1,281 bps
Non-Interest Burden2.87%2.81%2.81%2.93%2.49%-37 bps
Growth
Asset Growth (YoY)19.32%7.34%5.17%-4.65%2.24%-1,709 bps
Loan Growth (YoY)13.65%5.21%6.83%9.89%5.36%-830 bps
Deposit Growth (YoY)19.71%3.42%-2.47%-15.68%-1.14%-2,085 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.17%+17 bps
Net Charge-Offs / Loans-0.03%0.00%0.00%0.00%0.03%+5 bps
Allowance / Loans1.03%1.05%1.05%1.01%1.02%-1 bps
Allowance Coverage of NPLsn/an/an/an/a6.2xn/an/a
Capital
Tier 1 Leverage Ratio9.49%9.60%9.50%9.48%9.98%+49 bps
Total Risk-Based Capital13.14%12.88%12.79%12.28%12.36%-79 bps
Equity / Assets9.63%9.58%9.60%9.93%9.99%+36 bps
Liquidity & Funding
Loans / Deposits93.56%97.79%96.20%109.77%99.70%+614 bps
Liquid Assets / Assets22.77%22.54%23.01%16.54%19.22%-356 bps
CRE / Total Capitaln/an/an/an/an/an/an/a