Rio Grande County Bank, The

Del Norte, CO · Cert 15530

FDIC

Q2 2001

$57.2MAssets

$41.8MLoans

$47.7MDeposits

$7.2MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.13%, down 8 bps year over year; NIM at 4.77%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.09%.
Funding: loans stand at 87.60% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

1.13%-8 bps YoY

Net Interest Margin (YTD, annualized)

4.77%

Efficiency Ratio (YTD, annualized)

65.09%

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	0.90%	0.90%	1.21%	1.20%	1.24%	1.22%	1.11%	1.13%	-8 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	4.97%	4.77%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	66.09%	65.09%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.98%	2.81%	n/a
Growth
Asset Growth (YoY)	5.44%	-1.17%	8.05%	7.86%	4.56%	11.66%	-3.79%	3.41%	-445 bps
Loan Growth (YoY)	0.88%	7.90%	21.35%	28.77%	25.97%	21.41%	10.78%	5.35%	-2,342 bps
Deposit Growth (YoY)	5.58%	-4.41%	0.81%	-1.56%	3.92%	14.88%	3.30%	9.52%	+1,108 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	0.11%	0.09%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	1.09%	1.05%	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	10.45%	10.39%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	13.97%	12.62%	n/a
Liquidity & Funding
Loans / Deposits	71.38%	83.23%	85.30%	91.07%	86.52%	87.97%	91.48%	87.60%	-347 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.33%	1.18%	+118 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a