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Certusbank, National Association

Easley, SC · Cert 59028

FDIC · 29 branches

Q3 2015

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 2015, the quarter ended September 30, 2015, 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

Certusbank, National Association

Easley, SC · Cert 59028

FDIC · 29 branches

Q3 2015

$877.1MAssets
$388.4MLoans
$844.0MDeposits
$821KEquity
Loan mix
70%RE $250.1M29%C&I $105.3M1%Consumer $3.1MQ3 2014Q3 2015
Deposit mix
89%Interest-bearing $750.2M11%Noninterest $93.8MQ3 2014Q3 2015

NIM

4.11%Q3 ’134.40%Q3 ’143.55%Q3 ’15+8%-26%

Non-interest income vs. expense

8.31%Q3 ’138.19%Q3 ’1415.81%Q3 ’15+7%+133%

Market Position · Atlanta-Sandy Springs-Roswell, GA · 2015 SOD (annual) · 0.2% share · #38 of 97 inst. · $0.2B of $146.1B

5.5% Bibb
8.2% Carroll
0.9% Greenville
5.1% Pickens

Executive Summary

  • Earnings: ROA of -8.72%, down 544 bps year over year; NIM at 2.87%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 1.45%.
  • Capital: tier 1 leverage ratio of 0.08%.
  • Funding: loans stand at 46.02% of deposits as of Q3 2015.

Financial Results

Return on Assets (YTD, annualized)

-8.72%-544 bps YoY

Net Interest Margin (YTD, annualized)

2.87%-102 bps YoY

Efficiency Ratio (YTD, annualized)

526%+37,720 bps YoY

Tier 1 Leverage Ratio

0.08%

Year to date, annualized, through each quarter.

MetricQ3 2014Q4 2014Q1 2015Q2 2015Q3 2015YoY ΔTrend
Earnings
Return on Assets-3.28%-4.48%-9.42%-3.12%-8.72%-544 bps
Return on Equity-40.95%-59.68%-216%-68.87%-234%-19,267 bps
Net Interest Margin3.90%3.72%3.25%2.56%2.87%-102 bps
Efficiency Ratio149.11%172.38%309%317%526%+37,720 bps
Non-Interest Burden6.73%7.05%11.82%9.46%15.70%+897 bps
Growth
Asset Growth (YoY)-10.87%-10.46%-13.05%-23.91%-43.38%-3,252 bps
Loan Growth (YoY)-4.83%-11.39%-15.61%-45.06%-59.75%-5,492 bps
Deposit Growth (YoY)-6.13%-7.11%-8.44%-19.23%-39.44%-3,331 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans1.71%1.49%0.52%1.38%1.45%-26 bps
Allowance / Loans2.90%3.81%4.00%4.30%0.00%-290 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/a2.66%4.54%0.08%n/a
Total Risk-Based Capital9.91%8.24%5.24%9.91%0.17%-974 bps
Equity / Assets6.94%5.28%3.39%4.89%0.09%-685 bps
Liquidity & Funding
Loans / Deposits69.25%63.20%66.03%50.96%46.02%-2,322 bps
Liquid Assets / Assets7.38%12.81%10.43%28.21%39.50%+3,212 bps
CRE / Total Capitaln/an/an/an/an/an/an/a