3rd Quarter Return on Assets 1.83%
3rd Quarter Return on Equity 14.21%

FORT WORTH, TX / ACCESSWIRE / October 17, 2019 / Trinity Bank N.A. (OTC PINK:TYBT) today announced operating results for the third quarter and the nine months ending September 30, 2019.

Results of Operation

For the third quarter 2019, Trinity Bank, N.A. reported Net Income after Taxes of $1,246,000, an increase of 4.7% over third quarter 2018 earnings of $1,190,000. Earnings per diluted common share for the third quarter 2019 amounted to $1.12, an increase of 4.7% over third quarter 2018 results of $1.07 per diluted common share.

For the first nine months of 2019, Net Income after Taxes was $2,823,000, a decrease of (18.8%) over the first nine months of 2018 results of $3,477,000. Earnings per diluted common share for the first nine months of 2019 were $2.53, a decrease of (18.7%) over the first nine months of 2018 results of $3.11 per diluted common share.

President Jeff Harp stated, 'Third Quarter results were back in line with our historical levels of Return on Assets and Return on Equity - both well above Peer Group performance. We are on pace to have the second best year in our 16 year history. In addition, Trinity Bank will distribute its 16th semi-annual dividend of $.62 per share on October 31, 2019. Total dividend for 2019 will be $1.22, a 10% increase over 2018 dividends.'

Executive Vice President Barney C. Wiley reported, 'The economic activity in our market remains strong. Competition for quality relationships remains very high. We are pleased to report growth in loan volume, deposits, and liquidity (funds we invest overnight at the Federal Reserve).'

In 000's

'We are in the longest economic expansion in recent history. In baseball vernacular, we don't know what inning we're in. We are doing our best to be prepared for whatever scenario unfolds in the coming months and years.'

Trinity Bank, N.A. is a commercial bank that began operations May 28, 2003. For a full financial statement, visit Trinity Bank's website: www.trinitybk.com Regulatory reporting format is also available at www.fdic.gov.

For information contact:

Richard Burt
Executive Vice President
Trinity Bank
817-763-9966

This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB‑1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward‑looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward‑looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.

TRINITY BANK N.A.
(Unaudited)
(Dollars in thousands, except per share data)

		Quarter Ended												Nine Months Ending
		September 30								%				September 30								%
EARNINGS SUMMARY		2019				2018				Change				2019				2018				Change
Interest income		$	3,025			$	2,658				13.8%			$	8,816			$	7,735				14.0%
Interest expense			493				309				59.5%				1,361				759				79.3%
Net Interest Income			2,532				2,349				7.8%				7,455				6,976				6.9%
Service charges on deposits			36				38				-5.3%				128				111				15.3%
Other income			104				111				-6.3%				257				304				-15.5%
Total Non Interest Income			140				149				-6.0%				385				415				-7.2%
Salaries and benefits expense			813				707				15.0%				2,364				2,067				14.4%
Occupancy and equipment expense			120				119				0.8%				343				346				-0.9%
Other expense			299				272				9.9%				931				956				-2.6%
Total Non Interest Expense			1,232				1,098				12.2%				3,638				3,369				8.0%
Pretax pre-provision income			1,440				1,400				2.9%				4,202				4,022				4.5%
Gain on sale of securities			12				4				N/M				10				11				N/M
Provision for Loan Losses			0				30				N/M				1,030				60				N/M
Earnings before income taxes			1,452				1,374				5.7%				3,182				3,973				-19.9%
Provision for income taxes			206				184				12.0%				359				496				-27.6%
Net Earnings		$	1,246			$	1,190				4.7%			$	2,823			$	3,477				-18.8%
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