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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

4.27%Q3 ’114.16%Q3 ’124.38%Q3 ’13-1%+7%

Non-interest income vs. expense

2.56%Q3 ’112.79%Q3 ’123.25%Q3 ’13-41%+121%

Executive Summary

  • Earnings: ROA of 0.34%, down 44 bps year over year; NIM at 3.98%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.57%.
  • Funding: loans stand at 87.78% of deposits as of Q3 2013.

Financial Results

Return on Assets (quarter, annualized)

0.34%-44 bps YoY

Net Interest Margin (quarter, annualized)

3.98%+25 bps YoY

Efficiency Ratio (quarter, annualized)

73.47%+2,029 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2012Q4 2012Q1 2013Q2 2013Q3 2013YoY ΔTrend
Earnings
Return on Assets0.78%0.29%0.65%0.65%0.34%-44 bps
Return on Equity7.77%2.84%6.37%6.08%3.39%-439 bps
Net Interest Margin3.73%3.79%3.83%3.70%3.98%+25 bps
Efficiency Ratio53.18%62.62%70.87%72.32%73.47%+2,029 bps
Non-Interest Burden1.27%2.24%2.60%2.55%2.81%+154 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 / Loans1.47%2.33%0.00%0.05%0.57%-89 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