First National Bank in Walsenburg

Walsenburg, CO · Cert 17836

FDIC

Q2 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2001, the quarter ended June 30, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Walsenburg, CO · Cert 17836

FDIC

Q2 2001

$53.5MAssets

$38.2MLoans

$42.4MDeposits

$4.5MEquity

Loan mix

Deposit mix

Earnings: ROA of 1.42%, up 1 bps year over year; NIM at 4.41%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.06%.
Funding: loans stand at 90.12% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

1.42%+1 bps YoY

Net Interest Margin (YTD, annualized)

4.41%

Efficiency Ratio (YTD, annualized)

57.45%

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	1.38%	1.11%	1.28%	1.41%	1.36%	1.35%	1.19%	1.42%	+1 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	4.28%	4.41%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	62.03%	57.45%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.37%	2.18%	n/a
Growth
Asset Growth (YoY)	1.31%	6.66%	11.27%	10.68%	14.31%	11.02%	2.85%	13.01%	+233 bps
Loan Growth (YoY)	9.69%	25.88%	34.72%	34.70%	28.60%	19.08%	25.60%	20.77%	-1,393 bps
Deposit Growth (YoY)	0.01%	1.10%	-3.41%	3.39%	4.63%	5.40%	4.61%	7.82%	+443 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	0.12%	0.06%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	0.96%	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	n/a	10.44%	11.33%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	8.97%	8.51%	n/a
Liquidity & Funding
Loans / Deposits	64.97%	75.69%	87.77%	80.46%	79.85%	85.51%	105.37%	90.12%	+967 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.28%	0.26%	+26 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a