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City Bank New Mexico

Ruidoso, NM · Cert 57302

FDIC · 3 branches

Q2 2014

$114.6MAssets
$56.2MLoans
$101.5MDeposits
$12.4MEquity
Loan mix
81%RE $27.4M15%C&I $5.0M5%Consumer $1.6MQ2 2013Q2 2014
Deposit mix
76%Interest-bearing $77.2M24%Noninterest $24.3MQ2 2013Q2 2014

NIM

4.63%Q2 ’123.92%Q2 ’133.73%Q2 ’14-16%-4%

Non-interest income vs. expense

3.19%Q2 ’123.58%Q2 ’133.47%Q2 ’14+21%-1%

Executive Summary

  • Earnings: ROA of 0.62%, down 12 bps year over year; NIM at 3.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
  • Funding: loans stand at 55.41% of deposits as of Q2 2014.

Financial Results

Return on Assets (quarter, annualized)

0.62%-12 bps YoY

Net Interest Margin (quarter, annualized)

3.37%-15 bps YoY

Efficiency Ratio (quarter, annualized)

84.34%+190 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014YoY ΔTrend
Earnings
Return on Assets0.75%0.81%0.84%0.77%0.62%-12 bps
Return on Equity7.14%8.13%8.25%7.18%5.74%-139 bps
Net Interest Margin3.52%3.34%3.43%3.48%3.37%-15 bps
Efficiency Ratio82.43%80.43%78.91%81.28%84.34%+190 bps
Non-Interest Burden2.76%2.53%2.58%2.69%2.72%-3 bps
Growth
Asset Growth (YoY)7.66%6.00%4.13%1.45%-1.88%-954 bps
Loan Growth (YoY)0.85%0.13%0.58%-1.74%-5.57%-642 bps
Deposit Growth (YoY)8.34%6.57%4.91%1.40%-2.92%-1,126 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.01%0.32%0.70%0.03%0.04%+3 bps
Allowance / Loans2.55%2.49%2.35%2.38%2.45%-10 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 Capital18.47%19.09%19.55%20.14%20.34%+187 bps
Equity / Assets10.02%9.86%10.48%10.90%10.84%+82 bps
Liquidity & Funding
Loans / Deposits56.96%55.29%56.88%57.53%55.41%-155 bps
Liquid Assets / Assets32.93%34.21%33.63%32.82%32.85%-8 bps
CRE / Total Capitaln/an/an/an/an/an/an/a