Prepared by: Prepared for: Date: Financial Results 2015 Prepared by: Prepared for: Date:

2015 – independence gained Delivered a solid set of financial results Growth continued to be constrained whilst the Bank gained independence Strong balance sheet and capital position Capital raised of £xxm Confident of growth in 2016 and beyond Continue to deliver strong social impact

2011 – 2015 in brief Limited lending growth Increased costs

2015 – financial results Profit before tax £0.7m Reflects cost of becoming operationally independent and low-interest environment Net interest margin 1.1% Unchanged from 2014 Cost income ratio xx% (awaiting data for graph)

2015 – lending growth Loan portfolio increases by 7.5% Overall loans and advances to customers at £187m Focus on core sectors Emerging sectors including the Arts and Real Estate provide opportunity for growth

Balance Sheet Commentary Require an Excel spreadsheet of this data to copy across to the ppt, and guidance on which tables you want to include. I have looked in the report and accounts but the tables are extensive and I’m not sure which elements you want to include.

Balance Sheet Commentary

2015 – capital and liquidity Strong capital and liquidity position All funding comes from customer accounts Stable deposit base as result of good relationship with core sectors