James River Bank/Colonial

Suffolk, VA · Cert 19726

FDIC

Q3 2001

$185.7MAssets

$125.9MLoans

$136.6MDeposits

$36.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -1.14%, down 233 bps year over year; NIM at -3.97%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.33%.
Funding: loans stand at 92.19% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

-1.14%-233 bps YoY

Net Interest Margin (quarter, annualized)

-3.97%

Efficiency Ratio (quarter, annualized)

71.04%

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	1.32%	1.37%	1.35%	1.19%	1.18%	0.97%	1.13%	-1.14%	-233 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	10.68%	-7.31%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.08%	4.22%	-3.97%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	70.84%	67.12%	71.04%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.68%	2.58%	-2.41%	n/a
Growth
Asset Growth (YoY)	6.66%	5.18%	3.32%	40.99%	40.91%	44.07%	38.29%	10.68%	-3,032 bps
Loan Growth (YoY)	7.39%	5.55%	5.63%	40.72%	44.20%	48.19%	40.06%	-0.03%	-4,075 bps
Deposit Growth (YoY)	-2.79%	-1.50%	1.39%	56.11%	48.53%	48.32%	41.78%	-4.12%	-6,022 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	0.21%	0.17%	-0.33%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.27%	1.30%	1.35%	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	15.61%	16.29%	17.60%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	10.32%	10.87%	19.80%	n/a
Liquidity & Funding
Loans / Deposits	91.08%	90.79%	93.61%	88.41%	88.43%	90.71%	92.47%	92.19%	+377 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	2.99%	1.15%	13.14%	+1,314 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a