Cit Online Bank

Salt Lake City, UT · Cert 35575

FDIC · 1 branch

Q2 2015

$21.9BAssets

$15.8BLoans

$17.3BDeposits

$2.8BEquity

Deposit mix

NIM

Market Position · Salt Lake City, UT · 2015 SOD (annual) · 3.5% share · #9 of 44 inst. · $17.3B of $489.3B

Earnings: ROA of 0.68%, down 20 bps year over year; NIM at 2.32%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.50%.
Funding: loans stand at 91.49% of deposits as of Q2 2015.

Return on Assets (YTD, annualized)

0.68%-20 bps YoY

Net Interest Margin (YTD, annualized)

2.32%-23 bps YoY

Efficiency Ratio (YTD, annualized)

62.68%+633 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 2014	Q3 2014	Q4 2014	Q1 2015	Q2 2015	YoY Δ	Trend
Earnings
Return on Assets	0.87%	0.68%	0.66%	0.66%	0.68%	-20 bps
Return on Equity	5.66%	4.58%	4.63%	5.13%	5.29%	-37 bps
Net Interest Margin	2.56%	2.36%	2.22%	2.30%	2.32%	-23 bps
Efficiency Ratio	56.35%	61.07%	62.30%	58.27%	62.68%	+633 bps
Non-Interest Burden	0.68%	0.82%	0.78%	0.58%	0.80%	+12 bps
Growth
Asset Growth (YoY)	31.76%	38.61%	30.90%	28.02%	19.88%	-1,188 bps
Loan Growth (YoY)	31.73%	34.97%	23.64%	19.79%	17.62%	-1,411 bps
Deposit Growth (YoY)	24.81%	22.47%	27.06%	28.00%	24.89%	+8 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.31%	0.29%	0.28%	0.40%	0.50%	+19 bps
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
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	16.46%	14.28%	14.23%	13.72%	13.81%	-265 bps
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	97.14%	102.21%	94.51%	90.22%	91.49%	-565 bps
Liquid Assets / Assets	1.40%	1.29%	1.29%	1.27%	1.24%	-16 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a