Bank of Central Florida

Orlando, FL · Cert 21979

FDIC

Q4 2001

$247.5MAssets

$110.5MLoans

$198.4MDeposits

$24.6MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.95%, down 13 bps year over year; NIM at 4.19%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
Funding: loans stand at 55.68% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.95%-13 bps YoY

Net Interest Margin (YTD, annualized)

4.19%

Efficiency Ratio (YTD, annualized)

64.91%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	2.49%	2.46%	2.35%	2.09%	2.52%	2.54%	2.42%	1.95%	-13 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	4.81%	4.59%	4.35%	4.19%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	56.09%	56.83%	56.78%	64.91%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	2.32%	2.25%	2.14%	2.46%	n/a
Growth
Asset Growth (YoY)	-5.03%	5.99%	6.65%	12.23%	12.25%	13.04%	12.88%	10.88%	-135 bps
Loan Growth (YoY)	5.45%	4.58%	5.43%	14.30%	14.55%	18.97%	15.79%	9.38%	-492 bps
Deposit Growth (YoY)	-6.16%	3.92%	2.07%	10.43%	6.48%	7.88%	14.43%	11.55%	+111 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	-0.35%	-0.29%	-0.19%	-0.01%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.15%	1.26%	1.32%	1.17%	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	17.50%	17.54%	17.56%	17.17%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	10.71%	10.24%	10.62%	9.94%	n/a
Liquidity & Funding
Loans / Deposits	57.82%	54.72%	55.55%	56.78%	62.21%	60.34%	56.21%	55.68%	-110 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.36%	3.09%	2.03%	0.33%	+33 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a