First National Bank of Morton Grove

Morton Grove, IL · Cert 17064

FDIC

Q3 2001

$323.5MAssets

$189.5MLoans

$265.4MDeposits

$27.0MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.57%, up 35 bps year over year; NIM at 3.76%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.29%.
Funding: loans stand at 71.42% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

1.57%+35 bps YoY

Net Interest Margin (quarter, annualized)

3.76%

Efficiency Ratio (quarter, annualized)

40.76%

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	1.36%	1.18%	1.22%	1.22%	1.21%	1.16%	1.31%	1.57%	+35 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	16.37%	19.00%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	2.97%	2.99%	3.76%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	50.59%	48.28%	40.76%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.34%	1.25%	1.22%	n/a
Growth
Asset Growth (YoY)	-1.02%	0.25%	-0.45%	5.54%	8.25%	8.09%	7.69%	5.74%	+20 bps
Loan Growth (YoY)	4.93%	2.08%	2.54%	-1.93%	1.90%	11.03%	14.07%	25.20%	+2,713 bps
Deposit Growth (YoY)	-3.27%	-1.00%	-3.86%	7.17%	6.62%	7.15%	8.51%	-0.91%	-808 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	0.00%	-0.52%	0.29%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.16%	1.23%	1.06%	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	12.20%	12.54%	11.87%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	7.87%	8.13%	8.35%	n/a
Liquidity & Funding
Loans / Deposits	60.64%	59.49%	61.73%	56.53%	57.95%	61.65%	64.89%	71.42%	+1,490 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.05%	0.05%	+5 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a