Sky Bank

Salineville, OH · Cert 14641

FDIC

Q3 2001

$4.9BAssets

$3.5BLoans

$3.5BDeposits

$347.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.45%, down 1 bps year over year; NIM at 3.68%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.44%.
Funding: loans stand at 99.36% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

1.45%-1 bps YoY

Net Interest Margin (YTD, annualized)

3.68%

Efficiency Ratio (YTD, annualized)

44.49%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.00%	1.43%	1.52%	1.46%	1.54%	1.37%	1.41%	1.45%	-1 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	3.64%	3.65%	3.68%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	46.53%	45.25%	44.49%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.35%	1.27%	1.23%	n/a
Growth
Asset Growth (YoY)	110.89%	115.89%	167.01%	24.51%	23.73%	23.73%	4.34%	3.82%	-2,069 bps
Loan Growth (YoY)	107.88%	116.17%	156.93%	32.98%	30.54%	29.69%	12.84%	10.13%	-2,284 bps
Deposit Growth (YoY)	87.34%	91.65%	137.56%	20.91%	23.11%	23.00%	4.34%	7.07%	-1,384 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	0.32%	0.35%	0.44%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.47%	1.41%	1.39%	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	10.91%	10.58%	10.87%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	6.82%	6.91%	7.12%	n/a
Liquidity & Funding
Loans / Deposits	90.36%	92.31%	92.82%	96.60%	95.82%	97.33%	100.38%	99.36%	+276 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.08%	0.06%	+6 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a