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Cornerbank, National Association

Winfield, KS · Cert 4803

FDIC · 10 branches

Q2 2016

$263.6MAssets
$161.6MLoans
$230.0MDeposits
$26.3MEquity
Loan mix
67%RE $66.8M27%C&I $26.8M7%Consumer $6.7MQ3 2014Q2 2016
Deposit mix
87%Interest-bearing $199.3M13%Noninterest $30.7MQ3 2014Q2 2016

Market Position · Wichita, KS · 2016 SOD (annual) · 0.4% share · #37 of 56 inst. · $0.1B of $14.9B

28.4% Cowley
4.5% Sumner
2.1% Butler
0.1% Sedgwick

Executive Summary

  • Earnings: ROA of 1.29%, up 57 bps year over year; NIM at 3.30%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.52%, up 112 bps from a year ago.
  • Funding: loans stand at 70.27% of deposits as of Q2 2016.

Return on Assets (YTD, annualized)

1.29%+57 bps YoY

Net Interest Margin (YTD, annualized)

3.30%+20 bps YoY

Efficiency Ratio (YTD, annualized)

86.15%+421 bps YoY

Tier 1 Leverage Ratio

9.52%+112 bps YoY

NIM

3.39%Q2 ’143.37%Q2 ’153.60%Q2 ’16+0%+6%

Non-interest income vs. expense

3.53%Q2 ’143.35%Q2 ’153.75%Q2 ’16+9%+14%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.51%0.34%0.73%0.71%0.69%0.63%1.08%1.29%+57 bps
Return on Equity5.95%3.93%8.36%8.28%7.97%7.35%11.83%13.68%+540 bps
Net Interest Margin3.16%3.18%3.07%3.11%3.05%3.23%3.22%3.30%+20 bps
Efficiency Ratio81.33%82.96%80.27%81.93%81.44%83.95%79.43%86.15%+421 bps
Non-Interest Burden2.35%2.44%2.28%2.37%2.29%2.53%2.35%2.70%+33 bps
Growth
Asset Growth (YoY)3.92%0.04%-1.18%4.71%2.90%1.36%-4.37%-9.62%-1,432 bps
Loan Growth (YoY)10.24%6.96%4.81%12.78%10.90%9.85%9.02%1.97%-1,081 bps
Deposit Growth (YoY)2.61%0.51%-0.66%4.83%0.74%0.70%-7.38%-9.29%-1,411 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.13%0.39%-0.02%0.00%0.02%0.02%-0.01%0.01%+1 bps
Allowance / Loans1.25%1.26%1.33%1.25%1.35%1.35%1.42%1.37%+11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a8.49%8.40%8.24%8.70%8.91%9.52%+112 bps
Total Risk-Based Capital15.22%14.92%15.50%14.29%14.42%14.15%15.26%15.45%+116 bps
Equity / Assets8.74%8.53%8.85%8.45%8.74%8.65%9.62%9.99%+154 bps
Liquidity & Funding
Loans / Deposits59.99%58.36%57.87%62.51%66.05%63.66%68.12%70.27%+776 bps
Liquid Assets / Assets0.04%0.07%0.13%0.11%0.08%0.04%0.04%0.06%-5 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a