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Letter portraitLegal landscapeQuarterYTD

New Traditions National Bank

Maitland, FL · Cert 58822

FDIC · 3 branches

Q1 2015

$529.9MAssets
$350.4MLoans
$469.2MDeposits
$58.8MEquity
Loan mix
75%RE $193.8M24%C&I $61.1M1%Consumer $3.1MQ2 2013Q1 2015
Deposit mix
68%Interest-bearing $319.9M32%Noninterest $149.3MQ2 2013Q1 2015

Market Position · Orlando-Kissimmee-Sanford, FL · 2014 SOD (annual) · 1.1% share · #13 of 45 inst. · $0.5B of $40.8B

1.5% Orange
0.8% Seminole

Executive Summary

  • Earnings: ROA of -0.69%, down 140 bps year over year; NIM at 3.33%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Capital: tier 1 leverage ratio of 10.96%.
  • Funding: loans stand at 74.69% of deposits as of Q1 2015.

Return on Assets (YTD, annualized)

-0.69%-140 bps YoY

Net Interest Margin (YTD, annualized)

3.33%+40 bps YoY

Efficiency Ratio (YTD, annualized)

126.83%+7,633 bps YoY

Tier 1 Leverage Ratio

10.96%
n/a

NIM

2.89%Q1 ’133.26%Q1 ’143.60%Q1 ’15+22%+13%

Non-interest income vs. expense

1.54%Q1 ’131.67%Q1 ’144.53%Q1 ’15+11%+187%

Year to date, annualized, through each quarter.

MetricQ2 2013Q3 2013Q4 2013Q1 2014Q2 2014Q3 2014Q4 2014Q1 2015YoY ΔTrend
Earnings
Return on Assets0.66%0.69%0.04%0.71%0.74%0.85%0.94%-0.69%-140 bps
Return on Equity7.07%7.46%0.41%7.11%7.34%8.33%8.98%-6.17%-1,328 bps
Net Interest Margin2.44%2.41%0.44%2.93%3.11%3.20%3.09%3.33%+40 bps
Efficiency Ratio57.76%56.37%71.27%50.50%47.60%45.04%43.44%126.83%+7,633 bps
Non-Interest Burden1.34%1.29%0.32%1.52%1.51%1.46%1.36%4.36%+285 bps
Growth
Asset Growth (YoY)5.35%13.48%7.44%6.37%8.36%1.20%-0.30%0.17%-621 bps
Loan Growth (YoY)15.70%19.13%22.17%22.80%20.42%15.60%9.28%6.56%-1,625 bps
Deposit Growth (YoY)13.26%17.20%6.39%5.19%7.04%-0.57%-1.45%-1.15%-634 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%0.01%0.00%0.00%0.13%0.08%0.05%-0.01%-1 bps
Allowance / Loans1.61%1.48%0.09%0.17%0.29%0.31%0.32%0.32%+15 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a10.96%n/an/a
Total Risk-Based Capital16.32%15.43%13.05%13.43%13.97%13.87%14.25%15.28%+185 bps
Equity / Assets9.59%9.07%10.15%9.93%10.35%10.55%11.23%11.09%+116 bps
Liquidity & Funding
Loans / Deposits63.43%63.19%70.35%69.29%71.36%73.47%78.00%74.69%+540 bps
Liquid Assets / Assets38.80%35.97%27.49%26.34%26.31%24.44%23.41%28.15%+181 bps
CRE / Total Capitaln/an/an/an/an/an/an/an/an/an/a