First Bank of Childersburg

Childersburg, AL · Cert 16759

FDIC

Q4 2001

$33.4MAssets

$21.4MLoans

$28.5MDeposits

$4.9MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.68%, up 59 bps year over year; NIM at 4.12%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.37%.
Funding: loans stand at 75.17% of deposits as of Q4 2001.

Return on Assets (quarter, annualized)

0.68%+59 bps YoY

Net Interest Margin (quarter, annualized)

4.12%

Efficiency Ratio (quarter, annualized)

86.56%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.76%	0.50%	0.28%	0.08%	0.91%	-0.15%	-0.56%	0.68%	+59 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	-2.02%	-5.81%	4.69%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.76%	3.38%	3.76%	4.12%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	86.88%	89.40%	65.70%	86.56%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	3.15%	2.94%	1.05%	3.45%	n/a
Growth
Asset Growth (YoY)	-15.43%	-10.21%	-9.64%	68.17%	62.92%	71.67%	-14.69%	-50.55%	-11,872 bps
Loan Growth (YoY)	-34.70%	-24.01%	-12.99%	89.12%	98.04%	84.26%	2.24%	-46.05%	-13,517 bps
Deposit Growth (YoY)	-18.43%	-14.00%	-11.39%	68.87%	64.23%	73.98%	-19.70%	-54.26%	-12,313 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	0.06%	0.34%	8.93%	0.37%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.41%	1.41%	1.23%	1.19%	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	10.32%	10.55%	18.07%	19.10%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	7.33%	7.29%	14.24%	14.58%	n/a
Liquidity & Funding
Loans / Deposits	53.51%	59.27%	60.56%	63.73%	64.52%	62.77%	77.11%	75.17%	+1,144 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a