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Missouri Bank and Trust Company

Kansas City, MO · Cert 9387

FDIC · 4 branches

Q4 2016

$749.5MAssets
$484.8MLoans
$623.8MDeposits
$124.6MEquity
Loan mix
53%RE $227.9M45%C&I $193.2M2%Consumer $8.0MQ4 2015Q4 2016
Deposit mix
97%Interest-bearing $607.0M3%Noninterest $16.8MQ4 2015Q4 2016

NIM

3.38%Q4 ’143.24%Q4 ’15-7.82%Q4 ’16-3%-369%

Non-interest income vs. expense

2.76%Q4 ’142.35%Q4 ’15-5.04%Q4 ’16-19%-309%

Market Position · Kansas City, MO-KS · 2016 SOD (annual) · 1.1% share · #17 of 135 inst. · $0.6B of $52.7B

1.8% Jackson
0.8% Johnson

Executive Summary

  • Earnings: ROA of -4.44%, down 569 bps year over year; NIM at -8.32%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 8.02%, up 136 bps from a year ago.
  • Funding: loans stand at 77.72% of deposits as of Q4 2016.

Financial Results

Return on Assets (quarter, annualized)

-4.44%-569 bps YoY

Net Interest Margin (quarter, annualized)

-8.32%-1,142 bps YoY

Efficiency Ratio (quarter, annualized)

89.19%+2,388 bps YoY

Tier 1 Leverage Ratio

8.02%+136 bps YoY

Discrete quarter, annualized.

MetricQ4 2015Q1 2016Q2 2016Q3 2016Q4 2016YoY ΔTrend
Earnings
Return on Assets1.25%1.70%1.34%1.91%-4.44%-569 bps
Return on Equity18.43%25.30%18.56%26.04%-36.09%-5,452 bps
Net Interest Margin3.10%3.15%3.40%3.38%-8.32%-1,142 bps
Efficiency Ratio65.31%61.64%63.83%59.39%89.19%+2,388 bps
Non-Interest Burden1.85%1.76%1.98%1.79%-3.87%-572 bps
Growth
Asset Growth (YoY)16.40%15.91%4.10%8.82%14.40%-200 bps
Loan Growth (YoY)15.51%13.02%9.12%9.21%4.82%-1,069 bps
Deposit Growth (YoY)17.13%16.74%3.57%8.77%2.02%-1,511 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 / Loans0.77%0.79%0.77%0.74%0.00%-77 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ratio6.66%6.77%7.29%7.51%8.02%+136 bps
Total Risk-Based Capital10.13%10.70%10.33%10.50%11.09%+96 bps
Equity / Assets6.52%6.94%7.47%7.20%16.63%+1,010 bps
Liquidity & Funding
Loans / Deposits75.64%75.72%83.46%82.11%77.72%+208 bps
Liquid Assets / Assets17.66%19.58%12.50%18.48%21.03%+338 bps
CRE / Total Capitaln/an/an/an/an/an/an/a