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South Louisiana Business Bank

Prairieville, LA · Cert 58704

FDIC

Q3 2011

$50.7MAssets
$31.7MLoans
$38.2MDeposits
$12.2MEquity
Loan mix
89%RE $24.5M10%C&I $2.8M0%Consumer $0.1MQ3 2010Q3 2011
Deposit mix
88%Interest-bearing $33.6M12%Noninterest $4.6MQ3 2010Q3 2011

NIM

2.83%Q3 ’093.84%Q3 ’104.00%Q3 ’11+29%+20%

Non-interest income vs. expense

3.57%Q3 ’093.42%Q3 ’103.76%Q3 ’11-5%+11%

Executive Summary

  • Earnings: ROA of -0.48%, up 44 bps year over year; NIM at 2.79%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 82.90% of deposits as of Q3 2011.

Financial Results

Return on Assets (YTD, annualized)

-0.48%+44 bps YoY

Net Interest Margin (YTD, annualized)

2.79%+46 bps YoY

Efficiency Ratio (YTD, annualized)

133.68%-978 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2010Q4 2010Q1 2011Q2 2011Q3 2011YoY ΔTrend
Earnings
Return on Assets-0.92%-0.94%0.15%0.05%-0.48%+44 bps
Return on Equity-3.26%-3.37%0.59%0.18%-1.92%+135 bps
Net Interest Margin2.33%2.36%2.72%2.78%2.79%+46 bps
Efficiency Ratio143.45%144.63%118.43%110.81%133.68%-978 bps
Non-Interest Burden3.36%3.44%3.24%3.09%3.74%+37 bps
Growth
Asset Growth (YoY)9.37%10.17%9.60%12.35%11.87%+251 bps
Loan Growth (YoY)79.44%63.46%37.30%37.74%25.93%-5,352 bps
Deposit Growth (YoY)14.99%15.90%13.86%17.29%16.35%+136 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 / Loans1.37%1.30%1.20%1.19%1.16%-22 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 Capital41.54%37.94%34.99%34.66%33.94%-760 bps
Equity / Assets27.23%26.57%24.51%24.48%24.05%-318 bps
Liquidity & Funding
Loans / Deposits76.59%83.92%80.99%81.76%82.90%+631 bps
Liquid Assets / Assets30.34%24.07%22.08%17.03%10.86%-1,948 bps
CRE / Total Capitaln/an/an/an/an/an/an/a