European American Bank

New York, NY · Cert 19882

FDIC

Q2 2001

$15.0BAssets

$8.3BLoans

$10.1BDeposits

$1.0BEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.29%, down 65 bps year over year; NIM at 3.32%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.72%.
Funding: loans stand at 81.66% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

0.29%¹-65 bps YoY

Net Interest Margin (YTD, annualized)

3.32%

Efficiency Ratio (YTD, annualized)

57.10%

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	1.10%	1.09%	0.95%	0.93%	0.89%	0.95%	-0.61%	0.29%¹	-65 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	3.19%	3.32%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	55.88%	57.10%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	1.28%	1.46%	n/a
Growth
Asset Growth (YoY)	24.05%	3.45%	5.83%	3.17%	3.95%	5.38%	0.52%	-1.47%	-464 bps
Loan Growth (YoY)	13.47%	15.02%	19.75%	20.79%	27.29%	23.35%	16.69%	11.08%	-971 bps
Deposit Growth (YoY)	15.20%	15.11%	12.36%	18.73%	11.24%	8.27%	-0.13%	-9.41%	-2,815 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	0.61%	0.72%	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	n/a	10.99%	11.37%	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	65.53%	64.20%	66.84%	66.60%	74.98%	73.15%	78.10%	81.66%	+1,507 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