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Charter Alliance Bank

Corpus Christi, TX · Cert 58751

FDIC

Q4 2010

$18.0MAssets
$14.2MLoans
$13.0MDeposits
$4.9MEquity
Deposit mix
88%Interest-bearing $11.4M12%Noninterest $1.6MQ4 2009Q4 2010

NIM

1.97%Q1 ’093.09%Q4 ’096.11%Q4 ’10+35%+105%

Non-interest income vs. expense

8.85%Q1 ’093.27%Q4 ’094.00%Q4 ’10-58%+27%

Executive Summary

  • Earnings: ROA of 0.48%, up 125 bps year over year; NIM at 4.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 109.73% of deposits as of Q4 2010.

Financial Results

Return on Assets (YTD, annualized)

0.48%+125 bps YoY

Net Interest Margin (YTD, annualized)

4.87%+250 bps YoY

Efficiency Ratio (YTD, annualized)

76.17%-4,125 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ4 2009Q1 2010Q2 2010Q3 2010Q4 2010YoY ΔTrend
Earnings
Return on Assets-0.78%0.04%0.24%0.29%0.48%+125 bps
Return on Equityn/a0.17%0.99%1.24%1.96%n/a
Net Interest Margin2.37%4.07%4.11%4.31%4.87%+250 bps
Efficiency Ratio117.42%82.69%79.15%77.56%76.17%-4,125 bps
Non-Interest Burden2.85%3.31%3.19%3.27%3.61%+76 bps
Growth
Asset Growth (YoY)n/a138.52%81.26%39.35%-5.55%n/a
Loan Growth (YoY)n/a302%85.86%73.14%33.86%n/a
Deposit Growth (YoY)n/a367%132.17%56.51%-8.18%n/a
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 / Loans1.44%1.43%1.50%1.70%1.79%+35 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 Capital35.81%33.70%31.38%30.13%32.50%-331 bps
Equity / Assets25.28%25.65%21.30%22.87%27.29%+201 bps
Liquidity & Funding
Loans / Deposits75.27%94.00%80.62%92.28%109.73%+3,446 bps
Liquid Assets / Assets31.70%18.52%25.99%18.10%8.01%-2,369 bps
CRE / Total Capitaln/an/an/an/an/an/an/a