Ing Bank, FSB

Wilmington, DE · Cert 35489

FDIC

Q3 2012

$97.5BAssets

$37.0BLoans

$86.8BDeposits

$9.9BEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.31%, up 21 bps year over year; NIM at 1.04%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
Funding: loans stand at 42.65% of deposits as of Q3 2012.

Return on Assets (YTD, annualized)

0.31%+21 bps YoY

Net Interest Margin (YTD, annualized)

1.04%

Efficiency Ratio (YTD, annualized)

52.23%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	0.29%	0.26%	-0.17%	0.10%	0.17%	0.16%	0.34%	0.31%	+21 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	0.58%	0.92%	1.04%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	57.39%	49.40%	52.23%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	0.35%	0.48%	0.58%	n/a
Growth
Asset Growth (YoY)	-2.76%	1.04%	1.53%	4.21%	5.02%	3.91%	5.07%	6.37%	+216 bps
Loan Growth (YoY)	7.09%	7.10%	3.92%	3.48%	2.57%	-2.33%	-4.94%	-9.11%	-1,260 bps
Deposit Growth (YoY)	3.44%	4.54%	6.04%	6.46%	6.85%	5.55%	4.94%	5.40%	-106 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	0.01%	0.01%	0.01%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	0.00%	0.00%	0.06%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	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	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	31.50%	26.45%	27.38%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	9.99%	10.12%	10.20%	n/a
Liquidity & Funding
Loans / Deposits	51.53%	50.23%	50.02%	49.46%	49.47%	46.47%	45.31%	42.65%	-681 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	26.22%	19.92%	20.17%	+2,017 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a