National City Bank of Minneapolis

Minneapolis, MN · Cert 19081

FDIC

Q3 2001

$924.2MAssets

$649.9MLoans

$544.8MDeposits

$83.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -1.50%, down 261 bps year over year; NIM at -4.57%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.12%.
Funding: loans stand at 119.30% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

-1.50%-261 bps YoY

Net Interest Margin (quarter, annualized)

-4.57%

Efficiency Ratio (quarter, annualized)

58.61%

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	1.18%	1.05%	1.11%	1.11%	1.11%	1.12%	1.13%	-1.50%	-261 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	13.50%	-17.15%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.55%	3.69%	-4.57%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	62.94%	60.58%	58.61%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.84%	1.74%	-2.34%	n/a
Growth
Asset Growth (YoY)	16.85%	14.12%	18.70%	14.63%	7.96%	9.60%	-0.08%	3.76%	-1,087 bps
Loan Growth (YoY)	17.31%	21.98%	20.52%	15.93%	16.39%	10.71%	4.97%	7.41%	-852 bps
Deposit Growth (YoY)	18.27%	23.40%	31.94%	13.96%	5.41%	2.86%	-9.96%	-16.65%	-3,062 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	0.16%	-0.08%	-0.12%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	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	11.03%	10.99%	8.83%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Deposits	85.25%	84.71%	84.63%	92.57%	94.13%	91.17%	98.65%	119.30%	+2,673 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a