Bank of Bentonville

Bentonville, AR · Cert 100

FDIC

Q4 2001

$712.7MAssets

$409.1MLoans

$635.9MDeposits

$43.9MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.31%, up 29 bps year over year; NIM at 3.46%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.40%.
Funding: loans stand at 64.33% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.31%+29 bps YoY

Net Interest Margin (YTD, annualized)

3.46%

Efficiency Ratio (YTD, annualized)

58.82%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.99%	1.15%	1.17%	1.02%	1.01%	1.22%	1.26%	1.31%	+29 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.70%	3.86%	3.69%	3.46%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	58.68%	58.63%	58.59%	58.82%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	1.30%	1.33%	1.24%	1.15%	n/a
Growth
Asset Growth (YoY)	6.65%	6.20%	-11.93%	7.59%	-0.92%	0.40%	12.16%	8.40%	+81 bps
Loan Growth (YoY)	24.88%	20.42%	17.97%	12.28%	3.53%	-1.76%	-3.28%	-7.99%	-2,027 bps
Deposit Growth (YoY)	7.77%	8.27%	-12.94%	9.85%	-0.15%	0.70%	13.87%	8.41%	-144 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	0.72%	0.56%	0.44%	0.40%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.41%	1.52%	1.63%	1.69%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	10.46%	10.88%	10.16%	10.46%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	6.84%	7.03%	6.24%	6.16%	n/a
Liquidity & Funding
Loans / Deposits	75.82%	78.87%	79.93%	75.79%	78.62%	76.94%	67.89%	64.33%	-1,147 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.08%	0.05%	0.08%	0.22%	+22 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a