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Letter portraitLegal landscapeQuarterYTD

Nevada National Bank

Las Vegas, NV · Cert 58418

FDIC

Q1 2013

$52.1MAssets
$9.2MLoans
$47.3MDeposits
$4.7MEquity
Loan mix
94%RE $2.6M5%C&I $0.1M1%Consumer $0.0MQ1 2012Q1 2013
Deposit mix
71%Interest-bearing $33.7M29%Noninterest $13.7MQ1 2012Q1 2013

NIM

4.37%Q1 ’113.30%Q1 ’122.97%Q1 ’13-26%-9%

Non-interest income vs. expense

4.95%Q1 ’113.80%Q1 ’122.94%Q1 ’13-30%-22%

Executive Summary

  • Earnings: ROA of 0.31%, up 8 bps year over year; NIM at 2.63%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 1.39%.
  • Funding: loans stand at 19.48% of deposits as of Q1 2013.

Financial Results

Return on Assets (YTD, annualized)

0.31%+8 bps YoY

Net Interest Margin (YTD, annualized)

2.63%-27 bps YoY

Efficiency Ratio (YTD, annualized)

98.58%-1,230 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ1 2012Q2 2012Q3 2012Q4 2012Q1 2013YoY ΔTrend
Earnings
Return on Assets0.23%1-0.71%-1.08%-0.89%0.31%+8 bps
Return on Equity2.14%-6.54%-9.95%-8.18%3.14%+99 bps
Net Interest Margin2.91%2.76%2.77%2.62%2.63%-27 bps
Efficiency Ratio110.88%134.64%151.70%145.86%98.58%-1,230 bps
Non-Interest Burden3.34%3.89%4.66%4.21%2.59%-74 bps
Growth
Asset Growth (YoY)26.70%20.84%8.81%-0.49%14.64%-1,206 bps
Loan Growth (YoY)-19.47%-20.59%-16.67%-38.80%-35.97%-1,651 bps
Deposit Growth (YoY)30.89%23.54%9.84%-0.25%16.74%-1,415 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans4.31%3.81%1.20%-0.14%-1.39%-569 bps
Allowance / Loans6.20%5.60%5.90%9.61%9.69%+348 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 Capital23.90%23.42%24.05%27.89%25.55%+166 bps
Equity / Assets10.72%10.77%11.24%10.66%9.06%-165 bps
Liquidity & Funding
Loans / Deposits35.51%34.26%33.17%23.53%19.48%-1,604 bps
Liquid Assets / Assets5.74%1.11%1.51%2.93%23.86%+1,812 bps
CRE / Total Capitaln/an/an/an/an/an/an/a