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Director’s Report presented by BAUERFINANCIAL, Inc.1.800.388.6686
www.bauerfinancial.com
Director’s Report
Bank OneYour City, USA
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OverviewOverview
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Your City, USA Your City, USA Your City, USA Your City, USA Your City, USA Your City, USA Your City, USA Your City, USA
Star Rating **** ZERO **** ** *** ***½ ***** ***
Established 2007 1933 2007 2007 2007 2007 2007 2007
Employees 34 101 22 21 29 14 11 43
Locations 3 9 1 1 1 1 2 2
Sub S No No No No No Yes No No
FDIC Cert # 11111 22222 33333 44444 55555 66666 77777 88888
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 24.53% 10.08% 26.04% 12.05% 12.26% 11.05% 13.91% 25.78%
Dec. 2009 13.26% 8.41% 19.40% 11.40% 9.64% 9.59% 8.71% 11.28%
Dec. 2010 16.31% 8.04% 16.53% 9.80% 8.80% 9.23% 8.71% 18.12%
June 2011 15.52% 5.40% 16.13% 9.78% 9.59% 8.94% 9.17% 19.39%
0%
5%
10%
15%
20%
25%
30%
Leverage Capital Ratio
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.•
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 24.59% 14.05% 30.87% 13.17% 13.24% 13.54% 15.47% 29.48%
Dec. 2009 18.50% 13.22% 27.45% 13.14% 11.95% 12.05% 12.51% 17.97%
Dec. 2010 22.54% 14.10% 28.46% 12.34% 15.53% 12.22% 13.34% 30.02%
June 2011 20.23% 10.33% 21.83% 12.50% 16.29% 12.05% 14.41% 31.98%
0%
5%
10%
15%
20%
25%
30%
35%
Risk-based Capital Ratio
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 $92.320 $297.812 $94.405 $179.637 $143.629 $56.694 $66.322 $159.493
Dec. 2009 $131.284 $279.391 $107.912 $252.501 $192.553 $82.927 $94.410 $212.228
Dec. 2010 $149.470 $260.785 $131.898 $295.292 $217.866 $103.128 $100.246 $205.120
June 2011 $176.239 $254.991 $143.338 $298.139 $217.023 $112.030 $100.743 $171.970
$0
$50
$100
$150
$200
$250
$300
$350
Millions
Assets
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, INC.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 $59.572 $194.501 $70.763 $153.927 $120.461 $52.942 $54.699 $137.216
Dec. 2009 $97.125 $164.429 $71.169 $217.332 $156.580 $68.146 $72.422 $136.966
Dec. 2010 $111.920 $142.015 $66.525 $255.478 $171.619 $80.675 $70.565 $107.311
June 2011 $133.183 $127.924 $87.360 $246.322 $163.239 $85.302 $71.704 $101.533
$0
$50
$100
$150
$200
$250
$300
Millions
Loans
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 $74.037 $247.219 $69.480 $158.582 $114.051 $47.382 $57.696 $109.891
Dec. 2009 $108.120 $240.929 $86.266 $222.123 $157.039 $75.000 $86.030 $185.320
Dec. 2010 $114.152 $224.063 $109.806 $265.371 $175.671 $93.758 $91.443 $161.556
June 2011 $140.221 $227.201 $120.375 $268.840 $177.286 $101.773 $90.781 $131.947
$0
$50
$100
$150
$200
$250
$300
Millions
Deposits
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 216.2% 119.0% 126.3% 76.5% 94.4% 118.0% 146.3% 121.3%
Dec. 2009 113.6% 118.4% 142.0% 42.4% 72.3% 81.7% 91.6% 121.3%
Dec. 2010 62.8% 89.3% 109.7% 37.6% 66.4% 84.1% 72.5% 87.7%
June 2011 55.9% 223.4% 95.8% 41.9% 69.8% 73.7% 56.9% 54.0%
0%
50%
100%
150%
200%
250%
Efficiency Ratio
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 -5.17% -2.40% -2.13% -0.45% -0.57% -1.65% -2.70% -3.52%
Dec. 2009 -0.82% -2.32% -3.54% 1.29% 0.81% 0.06% -0.10% -8.13%
Dec. 2010 0.91% -0.28% -0.17% 0.36% 0.45% 0.32% 0.47% 0.07%
June 2011 1.34% -3.39% 0.24% -0.59% 0.16% 0.70% 2.29% -3.36%
-10%
-8%
-6%
-4%
-2%
0%
2%
4%
Return on Assets(Tax equivalent for Sub S corporations)
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Current quarter versus 3 most recent year-ends. Current quarter versus
3 most recent year-ends.
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 -13.75% -20.66% -6.77% -2.64% -3.60% -10.11% -11.57% -11.31%
Dec. 2009 -5.39% -22.97% -15.59% 12.84% 8.49% 0.66% -1.04% -42.43%
Dec. 2010 6.38% -3.11% -0.96% 3.54% 5.04% 3.38% 5.43% 0.55%
June 2011 8.61% -40.72% 1.49% -5.87% 1.76% 7.90% 25.64% -14.20%
-50%-40%-30%-20%-10%
0%10%20%30%
Return on Equity(Tax equivalent for Sub S corporations)
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Asset QualityCurrent quarter versus 3 most recent year-ends
Asset QualityCurrent quarter versus 3 most recent year-ends
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 0.34% 16.24% 0.00% 0.00% 0.59% 0.00% 0.00% 2.50%
Dec. 2009 0.00% 9.26% 7.54% 0.00% 0.38% 0.00% 0.18% 5.69%
Dec. 2010 3.65% 7.74% 0.13% 8.96% 2.28% 0.15% 0.86% 9.93%
June 2011 3.06% 5.66% 0.10% 9.36% 5.31% 1.73% 0.39% 9.53%
0%2%4%6%8%
10%12%14%16%18%
Delinquent Loans as a percent of Gross Loans(90 days or more + nonaccrual)
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Asset QualityCurrent quarter versus 3 most recent year-ends
Asset QualityCurrent quarter versus 3 most recent year-ends
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 0.00% 3.46% 0.03% 0.00% 0.00% 0.00% 0.00% 1.24%
Dec. 2009 0.16% 5.65% 1.45% 0.00% 0.13% 0.31% 0.05% 8.87%
Dec. 2010 0.32% 2.85% -0.49% 0.90% 0.57% 0.03% 0.16% 0.00%
June 2011 -0.03% 5.39% 0.00% 5.33% 1.99% 0.23% -0.09% 2.65%
-2%
0%
2%
4%
6%
8%
10%
Annualized Chargeoffs minus Recoveries as a percent of Gross Loans
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Loan PortfolioLoan Portfolio
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
0.3%0.1%
48.9%
50.1%
0.0%-0.4%0.1%
Bank One
Residential Construction Commercial R/E Business Farmland Consumer Other
34.3%7.2%
43.4% 9.4%
0.1%
5.1%
0.5%
Bank Two
Residential Construction Commercial R/E Business Farmland Consumer Other
4.7%0.8%
53.4%
40.2%
0.0%0.8%
0.0%
Bank Three
Residential Construction Commercial R/E Business Farmland Consumer Other
8.4%
5.1%
45.5%
40.6%0.0%
-0.1%
0.4%
Bank Four
Residential Construction Commercial R/E Business Farmland Consumer Other
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Loan Portfolio - ContinuedLoan Portfolio - Continued
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
15.9%
10.0%53.7%
20.1%0.0% 0.2%
0.0%
Bank Five
Residential Construction Commercial R/E Business Farmland Consumer Other
19.1%
2.9%
42.9%
28.2%1.3%
5.7%
0.1%
Bank Six
Residential Construction Commercial R/E Business Farmland Consumer Other
27.8%8.6%
55.1%
6.1%
1.2%
1.0%
0.3%
Bank Seven
Residential Construction Commercial R/E Business Farmland Consumer Other
4.6%
4.1%
53.5%
37.8%
0.0%
0.1%
0.0%
Bank Eight
Residential Construction Commercial R/E Business Farmland Consumer Other
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Domestic DepositsDomestic Deposits
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
20.9%
32.1%
0.2%
11.1%
35.7%
Bank One
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
9.9%
6.5%
40.7%
28.0%
14.9%
Bank Two
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
57.0%
28.4%
0.1%1.4%
13.1%
Bank Three
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
4.5%
65.0%
0.0%
7.0% 23.5%
Bank Four
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
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Domestic Deposits - ContinuedDomestic Deposits - Continued
Director’s Report presented by BAUERFINANCIAL, Inc.www.bauerfinancial.com
9.3%15.5%
21.2%29.4%
24.6%
Bank Five
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
16.5%
0.0%34.7%
28.3%20.4%
Bank Six
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
6.4%
56.2%
0.7%
6.4%
30.4%
Bank Seven
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
46.9%20.5%
0.7%
5.2% 26.6%
Bank Eight
Transaction Accts. MMDA Savings CDs under $100,000 Jumbo CDs
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Yield
Investments
Yield loans
Cost jumbo cd’s
Cost other iba
Net interest margin
Bank One Bank Two Bank Three Bank Four Bank Five Bank Six Bank Seven Bank Eight
Dec. 2008 3.62% 4.81% 5.00% 3.53% 5.51% N.A. N.A. 4.13%
Dec. 2009 2.48% 4.73% 4.25% 3.42% 5.33% 17.94% N.A. 4.08%
Dec. 2010 3.90% 4.22% 2.00% 2.08% 3.51% N.A. N.A. 0.31%
June 2011 3.94% 3.01% 1.87% 1.94% 2.92% 2.63% N.A. 0.26%
Dec. 2008 6.34% 6.49% 5.85% 6.99% 6.37% 7.21% 6.68% 6.70%
Dec. 2009 5.61% 6.02% 4.84% 6.48% 5.61% 6.44% 6.33% 5.77%
Dec. 2010 5.97% 6.16% 5.57% 6.31% 5.78% 6.68% 6.17% 1.08%
June 2011 6.18% 5.98% 5.56% 5.73% 5.46% 6.54% 6.28% 11.06%
Dec. 2008 4.00% 4.58% 3.44% 3.62% 3.66% 4.28% 3.91% 3.53%
Dec. 2009 3.68% 3.46% 2.48% 2.76% 2.40% 2.95% 3.61% 2.90%
Dec. 2010 2.13% 2.28% 1.24% 2.17% 1.65% 3.18% 2.75% 0.10%
June 2011 1.73% 1.89% 0.89% 1.72% 1.03% 2.15% 2.23% 0.74%
Dec. 2008 2.75% 2.74% 1.74% 4.15% 3.36% 2.23% 3.77% 2.42%
Dec. 2009 2.77% 1.78% 0.96% 3.07% 2.39% 2.41% 2.76% 1.75%
Dec. 2010 1.68% 0.96% 0.59% 1.86% 1.77% 1.84% 1.96% 0.10%
June 2011 1.35% 0.75% 0.45% 1.18% 1.52% 1.65% 1.33% 0.53%
Dec. 2008 3.45% 3.56% 3.94% 3.02% 3.39% 4.72% 3.28% 4.69%
Dec. 2009 2.02% 3.54% 3.02% 3.32% 3.31% 4.48% 2.67% 3.27%
Dec. 2010 3.99% 3.99% 3.30% 3.96% 3.53% 4.55% 3.17% 0.70%
June 2011 4.46% 3.64% 3.28% 4.05% 3.13% 4.29% 3.41% 7.41%
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•
Thank you for choosing BAUERFINANCIAL, INC.
BauerFinancial, Inc.
2655 Le Jeune Rd., Penthouse One
Coral Gables, FL 33134
800.388.6686 Fax: 800.230.9569
www.bauerfinancial.com