Prudential Bank and Trust Company, The

Atlanta, GA · Cert 16303

FDIC

Q1 2004

$108.5MAssets

$90.0MLoans

$68.7MDeposits

$22.7MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -0.05%, up 2 bps year over year; NIM at 1.71%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 131.00% of deposits as of Q1 2004.

Return on Assets (YTD, annualized)

-0.05%+2 bps YoY

Net Interest Margin (YTD, annualized)

1.71%+2 bps YoY

Efficiency Ratio (YTD, annualized)

100.07%-22 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2003	Q2 2003	Q3 2003	Q4 2003	Q1 2004	YoY Δ	Trend
Earnings
Return on Assets	-0.07%	0.00%	-1.21%	-1.44%	-0.05%	+2 bps
Return on Equity	-0.28%	0.00%	-5.67%	-6.28%	-0.16%	+12 bps
Net Interest Margin	1.68%	1.43%	1.60%	1.93%	1.71%	+2 bps
Efficiency Ratio	100.30%	96.56%	149.60%	153.66%	100.07%	-22 bps
Non-Interest Burden	1.70%	1.32%	3.49%	4.31%	1.71%	+2 bps
Growth
Asset Growth (YoY)	-9.76%	12.11%	4.19%	-35.09%	-82.18%	-7,242 bps
Loan Growth (YoY)	15.17%	29.88%	15.19%	-37.66%	-84.32%	-9,949 bps
Deposit Growth (YoY)	-11.74%	16.38%	4.71%	-83.61%	-85.03%	-7,329 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.00%	0.00%	-0.01%	-0.01%	0.00%	0 bps
Allowance / Loans	0.28%	0.23%	0.00%	0.00%	0.00%	-28 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	36.29%	33.95%	34.11%	42.87%	86.89%	+5,059 bps
Equity / Assets	23.22%	19.20%	19.88%	34.00%	20.93%	-229 bps
Liquidity & Funding
Loans / Deposits	125.08%	122.22%	127.05%	492%	131.00%	+591 bps
Liquid Assets / Assets	0.23%	0.17%	0.00%	0.00%	0.00%	-23 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a