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Town & Country Bank, Inc.

Saint George, UT · Cert 58522

FDIC · 1 branch

Q3 2017

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: Q3 2017, the quarter ended September 30, 2017, 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

Town & Country Bank, Inc.

Saint George, UT · Cert 58522

FDIC · 1 branch

Q3 2017

$143.7MAssets
$118.3MLoans
$126.4MDeposits
$16.5MEquity
Loan mix
71%RE $68.5M21%C&I $20.6M7%Consumer $6.8MQ3 2016Q3 2017
Deposit mix
76%Interest-bearing $96.4M24%Noninterest $30.1MQ3 2016Q3 2017

NIM

4.81%Q3 ’154.43%Q3 ’164.29%Q3 ’17-10%-3%

Non-interest income vs. expense

4.26%Q3 ’154.27%Q3 ’164.45%Q3 ’17+31%-55%

Market Position · St. George, UT · 2017 SOD (annual) · 5.6% share · #6 of 9 inst. · $0.1B of $2.2B

Executive Summary

  • Earnings: ROA of 1.02%, up 42 bps year over year; NIM at 3.59%.
  • Asset quality: problem loans at 5.82% of loans (+582 bps YoY), with net charge-offs at 0.39%.
  • Capital: tier 1 leverage ratio of 11.15%, down 31 bps from a year ago.
  • Funding: loans stand at 93.56% of deposits as of Q3 2017.

Financial Results

Return on Assets (YTD, annualized)

1.02%+42 bps YoY

Net Interest Margin (YTD, annualized)

3.59%-11 bps YoY

Efficiency Ratio (YTD, annualized)

65.73%-1,755 bps YoY

Tier 1 Leverage Ratio

11.15%-31 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2016Q4 2016Q1 2017Q2 2017Q3 2017YoY ΔTrend
Earnings
Return on Assets0.60%0.45%1.37%0.29%1.02%+42 bps
Return on Equity5.10%3.92%12.61%2.81%9.55%+445 bps
Net Interest Margin3.70%3.55%3.90%3.56%3.59%-11 bps
Efficiency Ratio83.28%85.22%60.97%75.21%65.73%-1,755 bps
Non-Interest Burden2.84%2.84%0.88%2.02%1.27%-157 bps
Growth
Asset Growth (YoY)13.33%19.40%28.98%35.81%19.58%+625 bps
Loan Growth (YoY)4.05%12.58%20.08%39.40%37.76%+3,371 bps
Deposit Growth (YoY)17.69%21.46%30.33%30.78%18.64%+95 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%2.43%5.49%5.82%+582 bps
Net Charge-Offs / Loans-0.10%-0.08%0.81%0.59%0.39%+49 bps
Allowance / Loans1.66%1.69%1.61%1.71%1.78%+12 bps
Allowance Coverage of NPLsn/an/a0.7x0.3x0.3xn/a
Capital
Tier 1 Leverage Ratio11.46%10.79%11.52%10.49%11.15%-31 bps
Total Risk-Based Capital14.97%14.44%14.69%12.77%14.04%-93 bps
Equity / Assets11.08%10.87%10.86%9.66%11.50%+42 bps
Liquidity & Funding
Loans / Deposits80.58%82.90%81.34%90.06%93.56%+1,299 bps
Liquid Assets / Assets11.70%16.74%15.01%12.98%12.20%+50 bps
CRE / Total Capitaln/an/an/an/an/an/an/a