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Creekside Bank

Woodstock, GA · Cert 58226

FDIC

Q2 2011

$102.3MAssets
$61.7MLoans
$96.6MDeposits
$651KEquity
Loan mix
85%RE $43.2M14%C&I $7.2M1%Consumer $0.5MQ2 2010Q2 2011
Deposit mix
97%Interest-bearing $93.4M3%Noninterest $3.2MQ2 2010Q2 2011

NIM

3.64%Q2 ’093.54%Q2 ’102.96%Q2 ’11+108%+1%

Non-interest income vs. expense

3.44%Q2 ’093.20%Q2 ’104.60%Q2 ’11+3%+1%

Executive Summary

  • Earnings: ROA of -6.84%, down 435 bps year over year; NIM at 1.65%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.48%.
  • Funding: loans stand at 63.91% of deposits as of Q2 2011.

Financial Results

Return on Assets (quarter, annualized)

-6.84%-435 bps YoY

Net Interest Margin (quarter, annualized)

1.65%+2 bps YoY

Efficiency Ratio (quarter, annualized)

166.48%-6,856 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2010Q3 2010Q4 2010Q1 2011Q2 2011YoY ΔTrend
Earnings
Return on Assets-2.50%-6.75%-9.49%-1.99%-6.84%-435 bps
Return on Equity-38.12%-119.11%-241%-77.40%-467%-42,901 bps
Net Interest Margin1.63%1.05%1.40%1.53%1.65%+2 bps
Efficiency Ratio235%458%231%199.61%166.48%-6,856 bps
Non-Interest Burden3.46%3.54%3.72%3.47%3.48%+2 bps
Growth
Asset Growth (YoY)-4.20%-4.21%-14.49%-11.64%-8.82%-462 bps
Loan Growth (YoY)-13.49%-15.66%-15.38%-16.69%-17.07%-358 bps
Deposit Growth (YoY)-0.84%-0.66%-11.09%-7.82%-3.34%-250 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.45%6.71%8.04%-0.88%4.48%+303 bps
Allowance / Loans2.00%2.17%2.94%3.26%4.43%+243 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 Capital9.91%7.94%4.86%4.21%1.56%-835 bps
Equity / Assets6.41%4.90%2.88%2.28%0.64%-577 bps
Liquidity & Funding
Loans / Deposits74.49%69.95%73.95%68.06%63.91%-1,058 bps
Liquid Assets / Assets13.95%17.55%10.00%16.40%15.24%+129 bps
CRE / Total Capitaln/an/an/an/an/an/an/a