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

2. 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

3. 2011 – 2015 in brief
Limited lending growth
Increased costs

4. 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)

5. 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

6. 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.

7. Balance Sheet
Commentary

8. 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