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Etrade Savings Bank

Arlington, VA · Cert 58119

FDIC · 2 branches

Q4 2021

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: Q4 2021, the quarter ended December 31, 2021, 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

Etrade Savings Bank

Arlington, VA · Cert 58119

FDIC · 2 branches

Q4 2021

$9.8BAssets
$1.7BLoans
$7.9BDeposits
$1.9BEquity
Deposit mix
100%Interest-bearing $7.9B0%Noninterest $0.0BQ4 2020Q4 2021

NIM

2.28%Q4 ’190.18%Q4 ’201.23%Q4 ’21-92%+571%

Non-interest income vs. expense

2.55%Q4 ’190.40%Q4 ’201.24%Q4 ’21-68%+262%

Market Position · Washington-Arlington-Alexandria, DC-VA-MD-WV · 2021 SOD (annual) · 2.2% share · #11 of 72 inst. · $8.0B of $357.2B

9.1% Arlington
0.0% Arapahoe

Executive Summary

  • Earnings: ROA of 0.09%, up 24 bps year over year; NIM at 1.25%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 17.02%, down 849 bps from a year ago.
  • Funding: loans stand at 21.09% of deposits as of Q4 2021.

Financial Results

Return on Assets (YTD, annualized)

0.09%+24 bps YoY

Net Interest Margin (YTD, annualized)

1.25%+107 bps YoY

Efficiency Ratio (YTD, annualized)

80.45%-5,271 bps YoY

Tier 1 Leverage Ratio

17.02%-849 bps YoY

Year to date, annualized, through each quarter.

MetricQ4 2020Q1 2021Q2 2021Q3 2021Q4 2021YoY ΔTrend
Earnings
Return on Assets-0.15%-0.31%-0.05%-0.02%0.09%+24 bps
Return on Equity-0.43%-1.44%-0.26%-0.10%0.43%+86 bps
Net Interest Margin0.19%1.23%1.16%1.22%1.25%+107 bps
Efficiency Ratio133.16%94.78%90.31%86.89%80.45%-5,271 bps
Non-Interest Burden0.29%1.61%1.20%1.14%1.06%+76 bps
Growth
Asset Growth (YoY)79.93%120.23%105.29%104.70%36.07%-4,386 bps
Loan Growth (YoY)193.38%231%244%154.05%151.09%-4,229 bps
Deposit Growth (YoY)136.29%194.11%172.50%165.38%47.94%-8,835 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance Coverage of NPLsn/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio25.51%19.08%16.23%16.79%17.02%-849 bps
Total Risk-Based Capital93.18%109.30%113.41%99.76%104.61%+1,143 bps
Equity / Assets25.78%18.48%18.82%18.81%19.03%-675 bps
Liquidity & Funding
Loans / Deposits12.42%10.37%14.45%17.56%21.09%+866 bps
Liquid Assets / Assets57.21%64.36%63.26%60.45%57.78%+57 bps
CRE / Total Capitaln/an/an/an/an/an/an/a