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Ohio Commerce Bank

Beachwood, OH · Cert 58198

FDIC

Q3 2013

$123.4MAssets
$97.7MLoans
$111.3MDeposits
$11.9MEquity
Loan mix
58%RE $41.4M42%C&I $29.8M0%Consumer $0.1MQ3 2012Q3 2013
Deposit mix
72%Interest-bearing $79.8M28%Noninterest $31.5MQ3 2012Q3 2013

NIM

4.07%Q3 ’113.97%Q3 ’124.14%Q3 ’13+0%+6%

Non-interest income vs. expense

2.70%Q3 ’112.65%Q3 ’123.02%Q3 ’13-11%+48%

Executive Summary

  • Earnings: ROA of 0.54%, down 17 bps year over year; NIM at 3.76%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.21%.
  • Funding: loans stand at 87.78% of deposits as of Q3 2013.

Financial Results

Return on Assets (YTD, annualized)

0.54%-17 bps YoY

Net Interest Margin (YTD, annualized)

3.76%+22 bps YoY

Efficiency Ratio (YTD, annualized)

72.27%+1,239 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.70%0.59%0.65%0.64%0.54%-17 bps
Return on Equity6.85%5.83%6.37%6.23%5.27%-157 bps
Net Interest Margin3.54%3.56%3.83%3.62%3.76%+22 bps
Efficiency Ratio59.88%60.54%70.87%71.62%72.27%+1,239 bps
Non-Interest Burden1.76%1.86%2.60%2.48%2.60%+84 bps
Growth
Asset Growth (YoY)20.14%7.33%8.00%-4.75%16.29%-385 bps
Loan Growth (YoY)12.10%13.36%14.88%5.07%19.77%+767 bps
Deposit Growth (YoY)21.98%7.40%8.21%-5.91%18.05%-393 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.51%0.96%0.00%0.03%0.21%-30 bps
Allowance / Loans1.70%1.46%1.45%1.47%1.40%-30 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 Capital15.57%15.48%14.66%14.18%13.19%-238 bps
Equity / Assets10.73%9.68%10.90%10.54%9.60%-112 bps
Liquidity & Funding
Loans / Deposits86.52%77.74%91.82%89.89%87.78%+126 bps
Liquid Assets / Assets5.43%4.78%5.25%4.39%3.36%-207 bps
CRE / Total Capitaln/an/an/an/an/an/an/a