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Lotus Bank

Novi, MI · Cert 58340

FDIC · 2 branches

Q4 2014

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 2014, the quarter ended December 31, 2014, 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

Lotus Bank

Novi, MI · Cert 58340

FDIC · 2 branches

Q4 2014

$107.5MAssets
$78.0MLoans
$93.3MDeposits
$11.8MEquity
Loan mix
76%RE $42.0M24%C&I $13.1M1%Consumer $0.3MQ4 2013Q4 2014
Deposit mix
79%Interest-bearing $73.4M21%Noninterest $20.0MQ4 2013Q4 2014

NIM

4.91%Q4 ’124.51%Q4 ’134.09%Q4 ’14-7%-12%

Non-interest income vs. expense

2.98%Q4 ’123.22%Q4 ’132.96%Q4 ’14+3%0%

Market Position · Detroit-Warren-Dearborn, MI · 2014 SOD (annual) · 0.1% share · #33 of 51 inst. · $0.1B of $105.3B

Executive Summary

  • Earnings: ROA of 0.43%, down 35 bps year over year; NIM at 3.47%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
  • Funding: loans stand at 83.56% of deposits as of Q4 2014.

Financial Results

Return on Assets (YTD, annualized)

0.43%-35 bps YoY

Net Interest Margin (YTD, annualized)

3.47%-46 bps YoY

Efficiency Ratio (YTD, annualized)

81.97%+761 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2013Q1 2014Q2 2014Q3 2014Q4 2014YoY ΔTrend
Earnings
Return on Assets0.78%0.67%0.57%0.48%0.43%-35 bps
Return on Equity6.01%5.66%4.87%4.11%3.76%-225 bps
Net Interest Margin3.93%3.92%3.42%3.48%3.47%-46 bps
Efficiency Ratio74.36%72.80%74.88%79.34%81.97%+761 bps
Non-Interest Burden2.83%2.79%2.51%2.73%2.82%0 bps
Growth
Asset Growth (YoY)14.25%19.47%23.22%20.29%14.83%+58 bps
Loan Growth (YoY)22.81%18.42%15.65%4.42%8.25%-1,455 bps
Deposit Growth (YoY)13.09%19.04%23.13%22.44%16.63%+354 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.09%-0.21%-0.11%0.15%0.10%+1 bps
Allowance / Loans1.78%1.81%1.84%1.65%1.55%-24 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 Capital15.37%15.24%15.62%15.58%14.67%-70 bps
Equity / Assets11.94%11.67%11.35%11.52%11.02%-92 bps
Liquidity & Funding
Loans / Deposits90.02%87.00%81.24%83.04%83.56%-646 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a