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Providence Bank of Texas, SSB

Southlake, TX · Cert 58560

FDIC · 2 branches

Q3 2022

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 2022, the quarter ended September 30, 2022, 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

Providence Bank of Texas, SSB

Southlake, TX · Cert 58560

FDIC · 2 branches

Q3 2022

$193.5MAssets
$144.5MLoans
$158.3MDeposits
$24.2MEquity
Loan mix
94%RE $111.6M5%C&I $6.3M1%Consumer $0.8MQ3 2021Q3 2022
Deposit mix
64%Interest-bearing $101.5M36%Noninterest $56.9MQ3 2021Q3 2022

NIM

4.03%Q3 ’203.61%Q3 ’214.11%Q3 ’22+0%+20%

Non-interest income vs. expense

2.57%Q3 ’202.35%Q3 ’212.71%Q3 ’22-12%+19%

Market Position · Dallas-Fort Worth-Arlington, TX · 2022 SOD (annual) · 0.0% share · #106 of 169 inst. · $0.2B of $861.9B

Executive Summary

  • Earnings: ROA of 0.88%, up 12 bps year over year; NIM at 3.74%.
  • Asset quality: problem loans at 0.28% of loans (-7 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.31%, up 142 bps from a year ago.
  • Funding: loans stand at 91.25% of deposits as of Q3 2022.

Financial Results

Return on Assets (YTD, annualized)

0.88%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.74%+62 bps YoY

Efficiency Ratio (YTD, annualized)

69.31%-127 bps YoY

Tier 1 Leverage Ratio

12.31%+142 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2021Q4 2021Q1 2022Q2 2022Q3 2022YoY ΔTrend
Earnings
Return on Assets0.76%0.78%0.74%0.83%0.88%+12 bps
Return on Equity6.87%7.00%6.39%7.07%7.39%+53 bps
Net Interest Margin3.12%3.21%3.54%3.54%3.74%+62 bps
Efficiency Ratio70.58%69.77%72.27%69.61%69.31%-127 bps
Non-Interest Burden2.14%2.18%2.51%2.42%2.54%+40 bps
Growth
Asset Growth (YoY)11.33%2.39%0.12%-0.40%-4.78%-1,611 bps
Loan Growth (YoY)4.08%9.97%11.38%8.38%6.53%+245 bps
Deposit Growth (YoY)18.93%7.04%0.01%-0.44%-6.90%-2,583 bps
Asset Quality
Nonperforming Loans / Loans0.34%0.35%0.29%0.28%0.28%-7 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans0.95%1.00%1.02%1.00%1.01%+5 bps
Allowance Coverage of NPLs2.8x2.9x3.5x3.6x3.6x+0.9x
Capital
Tier 1 Leverage Ratio10.89%11.29%11.86%11.90%12.31%+142 bps
Total Risk-Based Capital16.47%16.61%15.96%15.56%15.43%-104 bps
Equity / Assets11.07%11.48%11.75%11.97%12.52%+145 bps
Liquidity & Funding
Loans / Deposits79.74%81.10%82.91%86.66%91.25%+1,150 bps
Liquid Assets / Assets25.29%25.45%20.94%20.74%20.08%-520 bps
CRE / Total Capitaln/an/an/an/an/an/an/a