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Emerald Bank

Dublin, OH · Cert 57550

FDIC

Q4 2013

$83.5MAssets
$65.2MLoans
$70.0MDeposits
$11.3MEquity
Loan mix
93%RE $35.8M7%C&I $2.5M0%Consumer $0.1MQ4 2012Q4 2013
Deposit mix
89%Interest-bearing $62.2M11%Noninterest $7.9MQ4 2012Q4 2013

NIM

4.31%Q4 ’114.64%Q4 ’124.68%Q4 ’13+16%+9%

Non-interest income vs. expense

3.17%Q4 ’112.89%Q4 ’122.93%Q4 ’13-9%+2%

Executive Summary

  • Earnings: ROA of 0.63%, up 41 bps year over year; NIM at 4.16%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.42%.
  • Funding: loans stand at 93.04% of deposits as of Q4 2013.

Financial Results

Return on Assets (quarter, annualized)

0.63%+41 bps YoY

Net Interest Margin (quarter, annualized)

4.16%+34 bps YoY

Efficiency Ratio (quarter, annualized)

69.00%-480 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2012Q1 2013Q2 2013Q3 2013Q4 2013YoY ΔTrend
Earnings
Return on Assets0.22%10.58%0.93%0.88%0.63%+41 bps
Return on Equity1.51%3.95%6.42%6.29%4.59%+307 bps
Net Interest Margin3.81%3.93%4.17%4.27%4.16%+34 bps
Efficiency Ratio73.80%77.44%65.82%64.16%69.00%-480 bps
Non-Interest Burden2.78%3.03%2.74%2.70%2.84%+5 bps
Growth
Asset Growth (YoY)-1.05%-5.47%0.48%2.46%8.48%+953 bps
Loan Growth (YoY)5.06%6.08%9.25%11.07%18.62%+1,356 bps
Deposit Growth (YoY)1.59%-3.74%4.23%5.51%9.68%+809 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.98%0.21%1.00%-0.01%0.42%-56 bps
Allowance / Loans4.09%4.10%3.43%3.41%3.30%-79 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 Capital15.45%15.80%14.39%14.49%13.76%-169 bps
Equity / Assets14.70%14.89%14.14%13.88%13.50%-121 bps
Liquidity & Funding
Loans / Deposits86.03%85.34%90.80%91.65%93.04%+701 bps
Liquid Assets / Assets5.62%5.97%1.53%3.51%4.08%-154 bps
CRE / Total Capitaln/an/an/an/an/an/an/a