EFTA01459748.pdf

8 February 2016 US Equity Insights [Figure 36: Loans by type at FDIC banks Loans by type (5bn) % ol loan book ?)07 - 12 2013 2014 30 2015 2007 2012 2013 2014 30 2015 2007 3Q 2015 CAGR Y% riv fly Cann Mottg 969 1.073 1.109 1,150 1,200 123% 139% 21% 33% 3 7% 58% Cans) 8 Development 629 203 210 238 266 80% 3.1% -202% 34% 13 4% 155% Huse &Soy 611 554 510 492 472 77% 55% -19% 80% 34% -50% Resi Moog 2444 2.127 2093 2.140 2216 309% 256% -2 7% -16% 22% 42% (Met RE 128 134 144 150 154 1 6% 1.8% 10% 7 3% 44% 34% NI Real Estate Loans 4.782 4402 4.066 4.171 kr 60.5% 498% 31% -0 6% 26% 41% Cal 1,439 1.494 1,567 1.715 1.872 182% 20 9% 08% 49% 94% 78% C00$1.48tt Lows 1.058 1.324 1.353 1 418 1.454 13 4% 16 8% 46% 22% 48% 52% Chet tons 627 786 907 SOX 1.079 7 9% 12 5% 46% 155% 108% 114% Total loans 7,906 7,896 7,893 9,310 9.642 100.0% 100.0% -0.5% 2.6% 5.3% 5.9% Sant- Dane* Sint FDIC [Figure 37: Real Estate Loans at all commercial banks 'Figure 38: Non Real Estate Loans. all commercial banks 24% hg 16% 8% 4% -16% o 16% 46% §E I E gE EEEE Recession —Rest Estate LOWS —Avg RE = 87% Recession —Non Real Estate Loans —Avg Non RE = 8 4% Scoop Danch• Mt. IM , tvec• OtaleA• Cane. Pa [Figure 39: Assets 1 Equity of Banks and Financials 16 Assets / Equity 16 15 15 14 14 13 13 12 12 11 11 10 10 8 7 IN V) yr In to / gRaRRga Recession Banks (GIGS III) — Financials (GIGS I) Source Cove* Repot Ctootass, DassOL 8in4 Page 16 Deutsche Bank Securities Inc. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0120410 CONFIDENTIAL SDNY_GM_00266594 EFTA01459748