S&C Bank, Chippewa

Stanley, WI · Cert 1518

FDIC

Q2 2001

$79.3MAssets

$57.9MLoans

$67.9MDeposits

$6.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.54%, down 24 bps year over year; NIM at 3.12%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 85.30% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

0.54%-24 bps YoY

Net Interest Margin (YTD, annualized)

3.12%

Efficiency Ratio (YTD, annualized)

78.06%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	1.05%	0.96%	0.90%	0.78%	0.78%	0.81%	0.51%	0.54%	-24 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	3.12%	3.12%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	79.47%	78.06%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.39%	2.33%	n/a
Growth
Asset Growth (YoY)	10.76%	10.47%	20.92%	15.54%	10.32%	8.54%	5.69%	7.38%	-816 bps
Loan Growth (YoY)	21.17%	20.25%	24.74%	20.58%	19.41%	14.52%	11.12%	2.30%	-1,828 bps
Deposit Growth (YoY)	-0.11%	4.48%	10.80%	15.23%	11.56%	9.77%	11.11%	13.49%	-175 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	0.01%	0.00%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	1.87%	1.97%	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	14.63%	13.06%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	8.60%	8.56%	n/a
Liquidity & Funding
Loans / Deposits	91.65%	90.65%	91.28%	94.62%	98.10%	94.57%	91.29%	85.30%	-932 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	1.20%	+120 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a