2009 Y 2010 Y 2011 Y 2012 Y 2013 Q1 YTD Source Document 12/31/2011 12/31/2012 12/31/2012 12/31/2012 3/31/2013 Currency Code USD USD USD USD USD (in thousands) Loans, including fees 42,312 35,439 30,997 51,942 18,537 Securities 4,266 5,289 3,963 2,736 498 Dividends and other interest-earning assets 88 216 217 353 133 Total interest and dividend income 46,666 40,944 35,177 55,031 19,168 Deposits NA 7,933 4,989 5,960 1,999 Savings 1,429 NA NA NA NA NOW 202 NA NA NA NA Money market 815 NA NA NA NA Certificates of deposit 10,353 NA NA NA NA Federal Home Loan Bank advances 5,177 2,855 1,048 348 63 Capital leases NA 0 0 9 12 Notes payable NA 0 0 2,162 1,735 Total interest expense 17,976 10,788 6,037 8,479 3,809 Net interest income 28,690 30,156 29,140 46,552 15,359 Provision for loan and lease losses 17,296 8,957 5,388 5,500 2,168 Net interest income after provision for loan and lease losses 11,394 21,199 23,752 41,052 13,191 Customer service fees 1,383 1,336 1,473 1,883 546 Mortgage loan prepayment penalties 42 NA NA NA NA Loan servicing income NA 0 0 92 188 Income from bank owned life insurance 369 219 300 253 38 Net gain (loss) on sales of securities available for sale 0 3,274 2,888 (83) 308 Net gain on sale of loans NA 0 0 1,106 312 Net gain on mortgage banking activities NA 0 0 21,310 16,370 Bargain purchase gain NA 0 0 11,627 NA Other income 19 50 252 431 166 Total noninterest income 1,813 4,879 4,913 36,619 17,928 Salaries and employee benefits 6,504 9,866 13,914 41,891 19,080 Occupancy and equipment 1,950 1,914 2,848 7,902 3,193 Professional fees 564 947 2,121 7,888 2,297 Stationery paper, supplies, and postage 344 NA NA NA NA Data processing 1,022 1,152 1,345 3,011 910 ATM costs 363 NA NA NA NA FDIC assessments 1,649 NA NA NA NA Advertising 178 232 477 1,046 522 Regulatory assessments NA 1,878 1,513 1,519 381 Loan servicing and foreclosure expense 1,141 1,118 1,282 980 204 Operating loss on equity investment 338 327 313 364 159 Valuation allowance for OREO 700 2,679 4,843 703 79 Net gain on sales of other real estate owned 79 332 760 (464) (114) Provision for loan repurchases NA 0 0 256 256 Amortization of intangible assets NA 0 0 696 367 Other expense 1,069 1,772 2,273 5,768 2,224 Total noninterest expense 15,901 22,217 31,689 71,560 29,558 Income before income taxes (2,694) 3,861 (3,024) 6,111 1,561 Income tax expense (1,695) 1,036 (296) 115 632 Net income (999) 2,825 (2,728) 5,996 929 Preferred stock dividends and discount accretion 1,003 960 534 1,359 288 Net income (loss) available to common shareholders (2,002) 1,865 (3,262) 4,637 641 Basic earnings (loss) per common share (0.48) 0.37 (0.31) 0.4 0.05 Diluted earnings (loss) per common share (0.48) 0.37 (0.31) 0.4 0.05 Basic earnings (loss) per class B common share NA NA NA NA 0.05 Diluted earnings (loss) per class B common share NA NA NA NA 0.05 Net income NA 2,825 (2,728) 5,996 929 Other comprehensive income, before tax Change in net unrealized gains on securities Unrealized holding gains arising during the period, net of tax (expense) benefit NA 2,858 (1,838) 2,253 100 Less - reclassification adjustment for (gains) losses included in net income net of tax (expense) benefit NA (1,926) (1,700) 83 (308) Total other comprehensive income (loss), net of tax NA 932 (3,538) 2,336 (208) Comprehensive income NA 3,757 (6,266) 8,332 721
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