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First Kensington Bank

Spring Hill, FL · Cert 35327

FDIC

Q2 2006

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: Q2 2006, the quarter ended June 30, 2006, 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

First Kensington Bank

Spring Hill, FL · Cert 35327

FDIC

Q2 2006

$339.9MAssets
$136.4MLoans
$281.3MDeposits
$27.9MEquity
Loan mix
74%RE $14.7M25%C&I $5.1M1%Consumer $0.1MQ2 2005Q2 2006
Deposit mix
90%Interest-bearing $252.0M10%Noninterest $29.3MQ2 2005Q2 2006

NIM

4.85%Q2 ’045.22%Q2 ’055.88%Q2 ’06+10%-15%

Non-interest income vs. expense

1.53%Q2 ’041.71%Q2 ’051.62%Q2 ’06+10%-5%

Executive Summary

  • Earnings: ROA of 0.94%, down 16 bps year over year; NIM at 2.86%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Funding: loans stand at 48.50% of deposits as of Q2 2006.

Financial Results

Return on Assets (YTD, annualized)

0.94%-16 bps YoY

Net Interest Margin (YTD, annualized)

2.86%-51 bps YoY

Efficiency Ratio (YTD, annualized)

54.49%+568 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2005Q3 2005Q4 2005Q1 2006Q2 2006YoY ΔTrend
Earnings
Return on Assets1.10%1.05%1.00%1.06%0.94%-16 bps
Return on Equity11.03%10.83%10.54%12.58%11.20%+17 bps
Net Interest Margin3.38%3.33%3.18%3.05%2.86%-51 bps
Efficiency Ratio48.82%50.75%53.70%50.42%54.49%+568 bps
Non-Interest Burden1.59%1.63%1.66%1.48%1.51%-8 bps
Growth
Asset Growth (YoY)-3.32%-0.88%20.84%22.47%21.45%+2,477 bps
Loan Growth (YoY)14.97%24.01%28.40%27.97%17.49%+252 bps
Deposit Growth (YoY)-5.58%2.67%16.35%28.38%12.97%+1,855 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.03%-0.02%-0.01%0.01%0.01%+4 bps
Allowance / Loans0.94%0.97%0.81%0.74%0.74%-19 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 Capital18.70%18.15%16.98%15.87%15.74%-296 bps
Equity / Assets9.88%9.04%8.63%8.28%8.21%-167 bps
Liquidity & Funding
Loans / Deposits46.64%42.50%44.66%45.58%48.50%+186 bps
Liquid Assets / Assets52.96%57.73%56.68%54.17%54.17%+122 bps
CRE / Total Capitaln/an/an/an/an/an/an/a