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Citizens Community Bank

South Hill, VA · Cert 35326

FDIC · 6 branches

Q3 2017

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2017, the quarter ended September 30, 2017, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Citizens Community Bank

South Hill, VA · Cert 35326

FDIC · 6 branches

Q3 2017

$218.1MAssets
$170.6MLoans
$190.3MDeposits
$22.5MEquity
Loan mix
87%RE $132.3M10%C&I $15.4M2%Consumer $3.7MQ3 2016Q3 2017
Deposit mix
80%Interest-bearing $151.8M20%Noninterest $38.5MQ3 2016Q3 2017

NIM

4.04%Q3 ’153.92%Q3 ’164.08%Q3 ’17-1%+3%

Non-interest income vs. expense

3.12%Q3 ’152.92%Q3 ’163.09%Q3 ’17-6%+6%

Market Position · Raleigh, NC · 2017 SOD (annual) · 0.0% share · #30 of 35 inst. · $0.0B of $27.1B

16.4% Mecklenburg
3.4% Halifax
14.7% Brunswick
3.2% Franklin

Executive Summary

  • Earnings: ROA of 0.57%, up 5 bps year over year; NIM at 3.51%.
  • Asset quality: problem loans at 0.71% of loans (+71 bps YoY), with net charge-offs at 0.13%.
  • Capital: tier 1 leverage ratio of 10.42%, up 56 bps from a year ago.
  • Funding: loans stand at 89.62% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

0.57%+5 bps YoY

Net Interest Margin (YTD, annualized)

3.51%+9 bps YoY

Efficiency Ratio (YTD, annualized)

78.22%+233 bps YoY

Tier 1 Leverage Ratio

10.42%+56 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.52%0.52%0.57%0.55%0.57%+5 bps
Return on Equity5.04%5.08%5.55%5.33%5.50%+46 bps
Net Interest Margin3.42%3.32%3.51%3.50%3.51%+9 bps
Efficiency Ratio75.89%75.22%77.53%79.26%78.22%+233 bps
Non-Interest Burden2.50%2.41%2.62%2.68%2.65%+15 bps
Growth
Asset Growth (YoY)18.78%17.36%15.93%11.35%5.37%-1,341 bps
Loan Growth (YoY)18.32%15.79%14.98%8.76%-0.29%-1,862 bps
Deposit Growth (YoY)19.75%19.96%18.19%12.24%4.86%-1,489 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.56%0.58%0.71%+71 bps
Net Charge-Offs / Loans0.02%0.13%0.01%0.10%0.13%+11 bps
Allowance / Loans1.30%1.23%1.23%1.20%1.19%-11 bps
Allowance Coverage of NPLsn/an/a2.2x2.1x1.7xn/a
Capital
Tier 1 Leverage Ratio9.86%10.15%10.27%10.27%10.42%+56 bps
Total Risk-Based Capital13.53%14.20%14.27%14.61%15.26%+173 bps
Equity / Assets9.69%10.21%10.16%10.43%10.33%+64 bps
Liquidity & Funding
Loans / Deposits94.24%94.90%94.40%95.00%89.62%-463 bps
Liquid Assets / Assets3.51%2.64%3.06%3.09%8.24%+473 bps
CRE / Total Capitaln/an/an/an/an/an/an/a