First Capital Bank of North Dakota

West Fargo, ND · Cert 15888

FDIC

Q3 2001

$19.6MAssets

$14.6MLoans

$16.0MDeposits

$2.4MEquity

Deposit mix

Executive Summary

Earnings: ROA of 0.93%, up 55 bps year over year; NIM at 4.09%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.14%.
Funding: loans stand at 91.23% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

0.93%+55 bps YoY

Net Interest Margin (quarter, annualized)

4.09%

Efficiency Ratio (quarter, annualized)

74.19%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	-0.55%	-0.12%	0.34%	0.37%	0.15%	-0.25%	0.44%	0.93%	+55 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	3.41%	7.23%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.55%	3.57%	4.09%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	103.89%	80.23%	74.19%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	3.70%	2.81%	2.96%	n/a
Growth
Asset Growth (YoY)	1.07%	1.38%	20.08%	19.99%	42.95%	15.24%	-5.83%	2.41%	-1,758 bps
Loan Growth (YoY)	39.77%	77.35%	99.21%	68.48%	64.91%	35.37%	23.13%	30.51%	-3,798 bps
Deposit Growth (YoY)	-2.59%	-9.12%	-12.19%	3.96%	3.25%	24.52%	22.57%	13.56%	+959 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	0.04%	0.16%	0.14%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	2.58%	2.12%	1.76%	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	19.27%	17.77%	15.99%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	12.47%	13.37%	12.28%	n/a
Liquidity & Funding
Loans / Deposits	50.51%	58.80%	82.41%	79.38%	80.67%	63.93%	82.79%	91.23%	+1,185 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	1.33%	1.25%	1.12%	+112 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a