Central Carolina Bank and Trust Co.

Durham, NC · Cert 2033

FDIC

Q3 2001

$10.8BAssets

$7.2BLoans

$7.6BDeposits

$1.7BEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.09%, down 17 bps year over year; NIM at 3.59%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
Funding: loans stand at 94.82% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

1.09%-17 bps YoY

Net Interest Margin (YTD, annualized)

3.59%

Efficiency Ratio (YTD, annualized)

60.51%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.72%	1.51%	1.52%	1.26%	0.85%	1.17%	1.14%	1.09%	-17 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	3.54%	3.62%	3.59%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	60.05%	60.02%	60.51%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.60%	1.64%	1.66%	n/a
Growth
Asset Growth (YoY)	7.88%	11.88%	34.83%	35.76%	47.46%	42.82%	20.95%	20.20%	-1,556 bps
Loan Growth (YoY)	10.55%	16.00%	36.23%	35.81%	33.44%	32.89%	12.60%	11.33%	-2,449 bps
Deposit Growth (YoY)	4.33%	6.08%	24.68%	25.79%	26.33%	25.58%	9.05%	9.07%	-1,671 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	0.15%	0.13%	0.15%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.26%	1.25%	1.28%	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	10.31%	10.42%	10.28%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	16.79%	16.61%	16.12%	n/a
Liquidity & Funding
Loans / Deposits	89.33%	89.92%	91.64%	92.90%	94.36%	95.15%	94.63%	94.82%	+192 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.89%	0.78%	0.79%	+79 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a