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First Advantage Bank

Coon Rapids, MN · Cert 57596

FDIC · 1 branch

Q3 2016

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2016, the quarter ended September 30, 2016, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

First Advantage Bank

Coon Rapids, MN · Cert 57596

FDIC · 1 branch

Q3 2016

$74.5MAssets
$34.4MLoans
$61.5MDeposits
$9.0MEquity
Loan mix
79%RE $24.0M20%C&I $6.2M1%Consumer $0.3MQ3 2015Q3 2016
Deposit mix
88%Interest-bearing $53.9M12%Noninterest $7.6MQ3 2015Q3 2016

NIM

3.22%Q3 ’142.18%Q3 ’152.94%Q3 ’16-34%+38%

Non-interest income vs. expense

2.26%Q3 ’141.67%Q3 ’151.97%Q3 ’16-30%+67%

Market Position · Minneapolis-St. Paul-Bloomington, MN-WI · 2016 SOD (annual) · 0.0% share · #100 of 154 inst. · $0.1B of $179.0B

Executive Summary

  • Earnings: ROA of -0.16%, down 31 bps year over year; NIM at 2.42%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.06%.
  • Capital: tier 1 leverage ratio of 10.41%, up 6 bps from a year ago.
  • Funding: loans stand at 55.95% of deposits as of Q3 2016.

Financial Results

Return on Assets (YTD, annualized)

-0.16%-31 bps YoY

Net Interest Margin (YTD, annualized)

2.42%+66 bps YoY

Efficiency Ratio (YTD, annualized)

100.97%+1,733 bps YoY

Tier 1 Leverage Ratio

10.41%+6 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2015Q4 2015Q1 2016Q2 2016Q3 2016YoY ΔTrend
Earnings
Return on Assets0.15%0.16%0.56%0.61%-0.16%-31 bps
Return on Equity1.49%1.53%5.00%5.23%-1.35%-284 bps
Net Interest Margin1.75%1.94%2.42%2.47%2.42%+66 bps
Efficiency Ratio83.64%79.48%72.97%71.08%100.97%+1,733 bps
Non-Interest Burden1.53%1.61%1.85%1.85%2.56%+102 bps
Growth
Asset Growth (YoY)10.62%5.25%-1.71%-6.24%-4.10%-1,472 bps
Loan Growth (YoY)-0.98%26.76%36.74%15.81%12.05%+1,303 bps
Deposit Growth (YoY)8.56%5.14%-2.42%-6.48%-0.84%-939 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.03%0.00%-0.04%-0.05%-0.06%-9 bps
Allowance / Loans0.18%0.47%0.48%0.50%0.55%+37 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio10.35%10.43%10.41%10.79%10.41%+6 bps
Total Risk-Based Capital20.70%18.24%18.11%18.97%19.06%-164 bps
Equity / Assets10.95%10.98%11.29%12.47%12.03%+108 bps
Liquidity & Funding
Loans / Deposits49.51%60.59%58.76%61.21%55.95%+644 bps
Liquid Assets / Assets1.64%1.84%1.33%1.54%1.52%-12 bps
CRE / Total Capitaln/an/an/an/an/an/an/a