First Bulloch Bank & Trust Company

Statesboro, GA · Cert 14215

FDIC

Q1 2001

$206.5MAssets

$151.4MLoans

$166.1MDeposits

$32.2MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.96%, down 17 bps year over year; NIM at 5.17%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
Funding: loans stand at 91.18% of deposits as of Q1 2001.

Return on Assets (quarter, annualized)

1.96%-17 bps YoY

Net Interest Margin (quarter, annualized)

5.17%

n/a

Efficiency Ratio (quarter, annualized)

50.59%

n/a

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q2 1999	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	YoY Δ	Trend
Earnings
Return on Assets	1.63%	1.71%	1.76%	2.13%	0.12%	0.67%	1.02%	1.96%	-17 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	n/a	n/a	n/a	5.17%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	50.59%	n/a	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.11%	n/a	n/a
Growth
Asset Growth (YoY)	-10.01%	-2.95%	-8.40%	-10.50%	-4.92%	-7.01%	-5.26%	4.35%	+1,484 bps
Loan Growth (YoY)	2.62%	1.05%	4.40%	6.90%	5.51%	7.88%	2.12%	3.01%	-389 bps
Deposit Growth (YoY)	-14.02%	-5.98%	-12.08%	-14.18%	-11.22%	-13.28%	-7.70%	4.80%	+1,898 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	n/a	n/a	n/a	0.04%	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.14%	n/a	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	n/a	n/a	n/a	23.53%	n/a	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	15.60%	n/a	n/a
Liquidity & Funding
Loans / Deposits	81.13%	83.14%	86.16%	92.76%	96.42%	103.43%	95.32%	91.18%	-158 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	6.58%	+658 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a