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Partners Bank of Texas

Humble, TX · Cert 57661

FDIC

Q4 2006

$185.9MAssets
$129.5MLoans
$162.5MDeposits
$16.5MEquity
Deposit mix
64%Interest-bearing $103.2M36%Noninterest $59.3MQ4 2005Q4 2006

NIM

3.31%Q4 ’045.30%Q4 ’056.71%Q4 ’06+49%+16%

Non-interest income vs. expense

2.74%Q4 ’043.04%Q4 ’052.92%Q4 ’06+5%-3%

Executive Summary

  • Earnings: ROA of 1.05%, up 33 bps year over year; NIM at 4.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
  • Funding: loans stand at 79.66% of deposits as of Q4 2006.

Financial Results

Return on Assets (YTD, annualized)

1.05%+33 bps YoY

Net Interest Margin (YTD, annualized)

4.32%+61 bps YoY

Efficiency Ratio (YTD, annualized)

63.07%-1,177 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets0.72%1.06%1.12%1.16%1.05%+33 bps
Return on Equity6.30%11.36%12.85%13.42%12.07%+577 bps
Net Interest Margin3.71%4.80%4.23%4.24%4.32%+61 bps
Efficiency Ratio74.84%62.41%60.76%59.72%63.07%-1,177 bps
Non-Interest Burden2.69%2.86%2.43%2.40%2.61%-8 bps
Growth
Asset Growth (YoY)55.29%50.20%66.20%41.42%26.96%-2,833 bps
Loan Growth (YoY)64.29%54.54%33.66%17.43%10.93%-5,336 bps
Deposit Growth (YoY)61.47%53.04%72.62%45.29%26.96%-3,451 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.03%0.09%0.06%+6 bps
Allowance / Loans0.95%1.03%1.19%1.12%1.09%+14 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 Capital12.48%12.35%12.66%12.65%12.71%+23 bps
Equity / Assets9.65%9.03%7.75%8.50%8.88%-77 bps
Liquidity & Funding
Loans / Deposits91.17%86.17%66.33%75.97%79.66%-1,151 bps
Liquid Assets / Assets9.42%14.86%31.87%22.76%18.09%+867 bps
CRE / Total Capitaln/an/an/an/an/an/an/a