Advantage Bank

North Palm Beach, FL · Cert 35408

FDIC · 21 branches

Q3 2014

$1.7BAssets

$1.2BLoans

$1.4BDeposits

$226.2MEquity

Loan mix

Deposit mix

NIM

Market Position · Miami-Fort Lauderdale-West Palm Beach, FL · 2014 SOD (annual) · 0.6% share · #21 of 106 inst. · $1.2B of $187.0B

1.3% Palm Beach

0.5% Miami-Dade

0.4% Broward

0.3% Pinellas

Earnings: ROA of 0.59%, up 20 bps year over year; NIM at 4.27%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
Funding: loans stand at 84.88% of deposits as of Q3 2014.

Return on Assets (YTD, annualized)

0.59%+20 bps YoY

Net Interest Margin (YTD, annualized)

4.27%+5 bps YoY

Efficiency Ratio (YTD, annualized)

71.97%-788 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.38%	0.45%	0.63%	0.57%	0.59%	+20 bps
Return on Equity	2.84%	3.44%	5.26%	4.62%	4.64%	+179 bps
Net Interest Margin	4.22%	4.32%	4.30%	4.30%	4.27%	+5 bps
Efficiency Ratio	79.85%	76.99%	71.39%	71.81%	71.97%	-788 bps
Non-Interest Burden	3.50%	3.48%	3.19%	3.19%	3.17%	-33 bps
Growth
Asset Growth (YoY)	11.47%	17.92%	11.58%	10.15%	-2.02%	-1,349 bps
Loan Growth (YoY)	20.71%	24.27%	25.14%	22.37%	5.34%	-1,537 bps
Deposit Growth (YoY)	8.56%	18.79%	9.80%	7.63%	-1.76%	-1,032 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.31%	0.32%	-0.01%	0.09%	0.17%	-14 bps
Allowance / Loans	0.88%	0.85%	0.87%	0.88%	0.80%	-8 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	14.29%	14.27%	14.10%	14.50%	14.39%	+11 bps
Equity / Assets	12.48%	11.57%	12.54%	13.20%	13.47%	+99 bps
Liquidity & Funding
Loans / Deposits	79.16%	72.38%	80.08%	81.02%	84.88%	+572 bps
Liquid Assets / Assets	1.12%	8.29%	1.76%	1.32%	4.41%	+329 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a