Second National Bank of Masontown, The

Masontown, PA · Cert 15107

FDIC

Q4 2001

$193.7MAssets

$122.1MLoans

$155.7MDeposits

$26.3MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.24%, down 2 bps year over year; NIM at 3.77%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
Funding: loans stand at 78.42% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.24%-2 bps YoY

Net Interest Margin (YTD, annualized)

3.77%

Efficiency Ratio (YTD, annualized)

57.71%

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	1.16%	1.22%	1.27%	1.26%	1.36%	1.29%	1.22%	1.24%	-2 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	3.92%	3.73%	3.67%	3.77%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	55.19%	57.22%	58.28%	57.71%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	1.93%	1.92%	1.93%	1.95%	n/a
Growth
Asset Growth (YoY)	5.09%	5.03%	3.18%	0.62%	5.41%	7.60%	10.25%	5.68%	+507 bps
Loan Growth (YoY)	11.91%	11.27%	10.71%	7.89%	4.62%	5.13%	3.54%	5.55%	-234 bps
Deposit Growth (YoY)	5.04%	3.44%	4.96%	2.29%	5.85%	6.34%	7.21%	3.19%	+89 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	0.05%	0.03%	0.07%	0.07%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.42%	1.44%	1.41%	1.42%	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	21.68%	21.69%	21.61%	22.27%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	12.98%	12.51%	12.97%	13.59%	n/a
Liquidity & Funding
Loans / Deposits	77.52%	76.90%	78.62%	76.66%	76.62%	76.03%	75.92%	78.42%	+176 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.17%	0.14%	0.14%	0.15%	+15 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a