Sky Bank-Mid Am Region

Toledo, OH · Cert 17075

FDIC

Q3 2001

$2.1BAssets

$1.6BLoans

$1.6BDeposits

$164.0MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.82%, down 6 bps year over year; NIM at 4.17%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.10%.
Funding: loans stand at 99.94% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

1.82%-6 bps YoY

Net Interest Margin (quarter, annualized)

4.17%

Efficiency Ratio (quarter, annualized)

52.01%

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	1.77%	1.86%	1.89%	1.87%	1.83%	1.91%	1.85%	1.82%	-6 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	25.53%	23.70%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.13%	4.11%	4.17%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	51.67%	52.78%	52.01%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	0.85%	0.98%	1.05%	n/a
Growth
Asset Growth (YoY)	91.91%	18.79%	11.78%	3.22%	0.75%	6.41%	6.03%	6.88%	+366 bps
Loan Growth (YoY)	95.30%	20.38%	15.19%	2.73%	0.53%	2.97%	3.43%	7.99%	+526 bps
Deposit Growth (YoY)	80.59%	15.36%	13.20%	3.96%	3.02%	9.44%	4.24%	6.31%	+236 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	0.30%	0.41%	0.10%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.61%	1.60%	1.57%	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	11.41%	11.73%	11.59%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	7.00%	7.54%	7.79%	n/a
Liquidity & Funding
Loans / Deposits	100.14%	99.46%	98.03%	98.39%	97.71%	93.58%	97.27%	99.94%	+155 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.23%	0.17%	0.19%	+19 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a