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Red Mountain Bank, N.A.

Hoover, AL · Cert 57764

FDIC · 30 branches

Q1 2019

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: Q1 2019, the quarter ended March 31, 2019, 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

Red Mountain Bank, N.A.

Hoover, AL · Cert 57764

FDIC · 30 branches

Q1 2019

$4.3BAssets
$3.4BLoans
$3.5BDeposits
$683.0MEquity
Loan mix
77%RE $1.9B22%C&I $0.5B1%Consumer $0.0BQ1 2018Q1 2019
Deposit mix
74%Interest-bearing $2.6B26%Noninterest $0.9BQ1 2018Q1 2019

NIM

4.14%Q1 ’174.67%Q1 ’184.97%Q1 ’19+14%+0%

Non-interest income vs. expense

3.01%Q1 ’173.08%Q1 ’185.12%Q1 ’19+17%+95%

Market Position · Birmingham-Hoover, AL · 2018 SOD (annual) · 1.4% share · #10 of 50 inst. · $0.5B of $37.7B

1.6% Jefferson
4.8% Madison
0.5% Duval
0.3% Fulton

Executive Summary

  • Earnings: ROA of -0.48%, down 178 bps year over year; NIM at 4.53%.
  • Asset quality: problem loans at 0.42% of loans (+28 bps YoY), with net charge-offs at 0.17%.
  • Capital: tier 1 leverage ratio of 10.50%, down 30 bps from a year ago.
  • Funding: loans stand at 95.92% of deposits as of Q1 2019.

Financial Results

Return on Assets (YTD, annualized)

-0.48%-178 bps YoY

Net Interest Margin (YTD, annualized)

4.53%0 bps YoY

Efficiency Ratio (YTD, annualized)

109.32%+4,833 bps YoY

Tier 1 Leverage Ratio

10.50%-30 bps YoY

Year to date, annualized, through each quarter.

MetricQ1 2018Q2 2018Q3 2018Q4 2018Q1 2019YoY ΔTrend
Earnings
Return on Assets1.30%1.37%1.38%1.32%-0.48%-178 bps
Return on Equity8.70%9.02%8.79%8.24%-2.96%-1,165 bps
Net Interest Margin4.53%4.51%3.99%3.91%4.53%0 bps
Efficiency Ratio60.99%58.26%56.72%57.97%109.32%+4,833 bps
Non-Interest Burden2.46%2.33%1.99%2.03%4.80%+233 bps
Growth
Asset Growth (YoY)27.33%32.93%61.02%53.81%37.52%+1,019 bps
Loan Growth (YoY)36.39%32.85%56.68%53.79%34.93%-145 bps
Deposit Growth (YoY)22.31%30.23%56.64%48.63%36.60%+1,428 bps
Asset Quality
Nonperforming Loans / Loans0.14%0.13%0.15%0.34%0.42%+28 bps
Net Charge-Offs / Loans0.07%0.09%0.06%0.05%0.17%+10 bps
Allowance / Loans0.63%0.63%0.52%0.55%0.50%-14 bps
Allowance Coverage of NPLs4.5x5.1x3.5x1.6x1.2x-3.3x
Capital
Tier 1 Leverage Ratio10.80%11.08%11.84%11.26%10.50%-30 bps
Total Risk-Based Capital13.47%13.88%14.03%14.13%13.14%-33 bps
Equity / Assets15.85%15.71%16.88%16.74%15.97%+12 bps
Liquidity & Funding
Loans / Deposits97.10%94.53%96.94%96.70%95.92%-118 bps
Liquid Assets / Assets4.15%5.89%3.90%4.48%4.25%+10 bps
CRE / Total Capitaln/an/an/an/an/an/an/a