First International Bank

Hartford, CT · Cert 17496

FDIC

Q2 2001

$468.4MAssets

$281.2MLoans

$285.1MDeposits

$57.4MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -0.28%, down 290 bps year over year; NIM at 2.49%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 3.28%.
Funding: loans stand at 98.64% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

-0.28%-290 bps YoY

Net Interest Margin (YTD, annualized)

2.49%

Efficiency Ratio (YTD, annualized)

65.72%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	2.65%	2.46%	1.97%	2.63%	1.08%	1.10%	1.01%	-0.28%	-290 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	n/a	n/a	2.44%	2.49%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	68.38%	65.72%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	-0.34%	-0.73%	n/a
Growth
Asset Growth (YoY)	4.17%	19.72%	12.31%	23.64%	50.62%	33.50%	37.60%	39.58%	+1,594 bps
Loan Growth (YoY)	-32.21%	20.63%	3.60%	-2.88%	104.67%	68.00%	89.56%	95.54%	+9,842 bps
Deposit Growth (YoY)	0.54%	21.00%	13.02%	33.49%	26.38%	11.00%	3.95%	4.31%	-2,917 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	n/a	1.84%	3.28%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	3.14%	4.08%	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	n/a	10.52%	10.20%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	13.50%	12.25%	n/a
Liquidity & Funding
Loans / Deposits	52.58%	53.23%	53.89%	52.62%	85.16%	80.56%	98.27%	98.64%	+4,602 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.11%	1.45%	+145 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a