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First Associations Bank

Dallas, TX · Cert 58453

FDIC

Q4 2012

$375.7MAssets
$22.6MLoans
$319.8MDeposits
$46.2MEquity
Deposit mix
73%Interest-bearing $233.2M27%Noninterest $86.6MQ4 2011Q4 2012

NIM

3.51%Q4 ’103.15%Q4 ’112.62%Q4 ’12-4%-14%

Non-interest income vs. expense

1.52%Q4 ’101.55%Q4 ’111.73%Q4 ’12+4%+12%

Executive Summary

  • Earnings: ROA of 1.77%, up 12 bps year over year; NIM at 2.40%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 7.08% of deposits as of Q4 2012.

Financial Results

Return on Assets (YTD, annualized)

1.77%+12 bps YoY

Net Interest Margin (YTD, annualized)

2.40%-38 bps YoY

Efficiency Ratio (YTD, annualized)

71.02%+1,609 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2011Q1 2012Q2 2012Q3 2012Q4 2012YoY ΔTrend
Earnings
Return on Assets1.66%1.77%1.62%1.43%1.77%+12 bps
Return on Equity13.02%14.52%13.39%11.60%14.41%+139 bps
Net Interest Margin2.78%2.68%2.54%2.52%2.40%-38 bps
Efficiency Ratio54.94%71.84%67.86%66.72%71.02%+1,609 bps
Non-Interest Burden1.51%1.92%1.71%1.67%1.69%+19 bps
Growth
Asset Growth (YoY)27.19%22.80%21.91%20.01%16.71%-1,048 bps
Loan Growth (YoY)76.86%89.75%100.97%90.58%96.78%+1,992 bps
Deposit Growth (YoY)25.78%21.75%22.16%20.49%15.26%-1,052 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans2.42%1.33%1.12%1.07%0.99%-143 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 Capital47.14%44.05%44.79%45.03%44.56%-259 bps
Equity / Assets13.13%11.36%12.00%12.87%12.30%-82 bps
Liquidity & Funding
Loans / Deposits4.15%3.97%5.14%6.16%7.08%+293 bps
Liquid Assets / Assets37.91%37.09%36.71%35.23%51.64%+1,374 bps
CRE / Total Capitaln/an/an/an/an/an/an/a