Bank Iowa

Denison, IA · Cert 17426

FDIC

Q4 2001

$43.9MAssets

$30.7MLoans

$35.2MDeposits

$3.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.99%, up 26 bps year over year; NIM at 3.65%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.08%.
Funding: loans stand at 87.22% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.99%+26 bps YoY

Net Interest Margin (YTD, annualized)

3.65%

Efficiency Ratio (YTD, annualized)

55.46%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	1.25%	1.62%	1.65%	1.73%	1.56%	1.82%	1.94%	1.99%	+26 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.54%	3.62%	3.73%	3.65%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	61.19%	56.56%	56.08%	55.46%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	1.96%	1.79%	1.81%	1.75%	n/a
Growth
Asset Growth (YoY)	6.09%	3.74%	6.87%	5.94%	3.36%	-0.21%	-4.84%	-1.87%	-780 bps
Loan Growth (YoY)	3.57%	1.96%	4.17%	8.47%	11.18%	17.64%	15.06%	10.35%	+188 bps
Deposit Growth (YoY)	7.45%	4.31%	3.73%	-1.34%	-1.53%	-9.22%	-11.12%	-5.99%	-465 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	0.00%	0.18%	0.13%	0.08%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.43%	1.22%	1.19%	1.23%	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	12.00%	11.22%	11.62%	12.33%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	7.39%	7.53%	7.97%	7.94%	n/a
Liquidity & Funding
Loans / Deposits	65.78%	68.09%	69.17%	74.31%	74.28%	88.23%	89.54%	87.22%	+1,291 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	4.07%	0.09%	3.72%	3.58%	+358 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a