Community Financial

Broomfield, CO · Charter 68550

NCUA

Q1 2016

$239.8MAssets

$182.6MLoans

$212.3MShares

$24.1MNet Worth

Executive Summary

Earnings: ROA of -4.83%, down 528 bps year over year; NIM at 0.86%.
Asset quality: problem loans at 0.18% of loans (+12 bps YoY), with net charge-offs at 0.87%.
Capital: net worth / assets of 10.07%, down 110 bps from a year ago.
Funding: loans stand at 86.02% of shares as of Q1 2016.

Return on Assets (quarter, annualized)

-4.83%-528 bps YoY

Net Interest Margin (quarter, annualized)

0.86%-195 bps YoY

Efficiency Ratio (quarter, annualized)

467%+37,811 bps YoY

Net Worth / Assets

10.07%-110 bps YoY

Discrete quarter, annualized.

Metric	Q2 2014	Q3 2014	Q4 2014	Q1 2015	Q2 2015	Q3 2015	Q4 2015	Q1 2016	YoY Δ	Trend
Earnings
Return on Assets	1.28%	1.06%	0.56%	0.45%	0.62%	0.54%	0.49%	-4.83%	-528 bps
Return on Equity	9.70%	7.98%	4.67%	4.00%	5.25%	4.61%	4.30%	-48.01%	-5,201 bps
Net Interest Margin	2.89%	2.88%	2.26%	2.81%	2.75%	2.72%	2.65%	0.86%	-195 bps
Efficiency Ratio	75.13%	78.39%	85.87%	88.49%	84.52%	85.48%	86.78%	467%	+37,811 bps
Growth
Asset Growth (YoY)	7.24%	7.52%	47.91%	47.93%	48.20%	50.53%	9.29%	8.05%	-3,988 bps
Loan Growth (YoY)	15.73%	10.74%	36.78%	36.24%	38.19%	43.66%	14.08%	14.24%	-2,201 bps
Share Growth (YoY)	7.28%	7.74%	50.25%	50.07%	50.74%	49.77%	9.93%	9.42%	-4,065 bps
Asset Quality
Delinquent Loans / Loans	0.40%	0.18%	0.33%	0.06%	0.12%	0.16%	0.16%	0.18%	+12 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.87%	n/a	n/a
Allowance / Loans	0.79%	0.77%	0.70%	0.65%	0.65%	0.64%	0.59%	0.59%	-5 bps
Capital
Risk-Based Capital	13.18%	13.29%	11.95%	11.17%	11.82%	11.70%	11.42%	10.07%	-110 bps
Net Worth / Assets	13.18%	13.29%	11.95%	11.17%	11.82%	11.70%	11.42%	10.07%	-110 bps
Liquidity & Funding
Loans / Shares	91.29%	92.48%	83.18%	82.40%	83.70%	88.70%	86.32%	86.02%	+363 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps