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Lake National Bank

Mentor, OH · Cert 57879

FDIC · 2 branches

Q2 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: Q2 2016, the quarter ended June 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

Lake National Bank

Mentor, OH · Cert 57879

FDIC · 2 branches

Q2 2016

$156.6MAssets
$124.6MLoans
$139.7MDeposits
$14.4MEquity
Loan mix
82%RE $88.0M17%C&I $18.6M1%Consumer $1.3MQ2 2015Q2 2016
Deposit mix
80%Interest-bearing $112.3M20%Noninterest $27.5MQ2 2015Q2 2016

NIM

4.13%Q2 ’144.22%Q2 ’154.07%Q2 ’16+5%-5%

Non-interest income vs. expense

2.54%Q2 ’142.69%Q2 ’152.63%Q2 ’16+7%0%

Market Position · Cleveland-Elyria, OH · 2016 SOD (annual) · 0.2% share · #22 of 36 inst. · $0.1B of $64.6B

Executive Summary

  • Earnings: ROA of 0.53%, down 13 bps year over year; NIM at 3.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
  • Capital: tier 1 leverage ratio of 9.01%, down 41 bps from a year ago.
  • Funding: loans stand at 89.17% of deposits as of Q2 2016.

Financial Results

Return on Assets (YTD, annualized)

0.53%-13 bps YoY

Net Interest Margin (YTD, annualized)

3.58%-17 bps YoY

Efficiency Ratio (YTD, annualized)

68.44%+237 bps YoY

Tier 1 Leverage Ratio

9.01%-41 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2015Q3 2015Q4 2015Q1 2016Q2 2016YoY ΔTrend
Earnings
Return on Assets0.66%0.62%0.60%0.46%0.53%-13 bps
Return on Equity6.79%6.43%6.27%4.98%5.71%-109 bps
Net Interest Margin3.75%3.69%3.63%3.72%3.58%-17 bps
Efficiency Ratio66.07%67.47%68.10%69.49%68.44%+237 bps
Non-Interest Burden2.37%2.38%2.36%2.49%2.36%0 bps
Growth
Asset Growth (YoY)1.82%7.91%12.64%8.14%4.06%+225 bps
Loan Growth (YoY)10.50%11.81%6.50%5.80%2.65%-785 bps
Deposit Growth (YoY)-0.88%5.58%10.92%10.02%5.35%+623 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.72%0.52%0.82%-0.01%0.01%-71 bps
Allowance / Loans1.72%1.77%1.52%1.65%1.77%+5 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio9.42%9.34%9.21%9.28%9.01%-41 bps
Total Risk-Based Capital12.52%11.92%12.09%12.04%12.15%-37 bps
Equity / Assets9.30%9.25%9.27%9.19%9.17%-13 bps
Liquidity & Funding
Loans / Deposits91.51%93.20%90.82%90.91%89.17%-235 bps
Liquid Assets / Assets11.92%12.03%13.15%13.23%12.81%+89 bps
CRE / Total Capitaln/an/an/an/an/an/an/a