Atusp

Waycross, GA · Charter 22145

Q2 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 2001, the quarter ended June 30, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Waycross, GA · Charter 22145

Q2 2001

$51KAssets

$0KLoans

$18KShares

$51KNet Worth

Return on Assets (YTD, annualized)

-36.54%-3,546 bps YoY

Net Interest Margin (YTD, annualized)

8.61%

Efficiency Ratio (YTD, annualized)

221%

Net Worth / Assets

99.84%

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	Q4 2000	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	3.29%	0.58%	1.49%	-1.08%	1.78%	1.95%	1.57%	-36.54%	-3,546 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	4.90%	-36.60%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	14.03%	8.52%	12.92%	8.61%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	48.52%	65.58%	73.86%	221%	n/a
Growth
Asset Growth (YoY)	21.15%	20.11%	9.56%	-15.44%	-20.50%	-17.13%	-46.63%	-69.35%	-5,391 bps
Loan Growth (YoY)	28.03%	40.42%	-0.03%	-8.56%	-26.16%	-31.92%	-45.01%	-100.00%	-9,144 bps
Share Growth (YoY)	18.64%	15.34%	5.25%	-21.64%	-29.47%	-25.81%	-60.18%	-86.29%	-6,465 bps
Asset Quality
Delinquent Loans / Loans	4.19%	3.99%	4.85%	4.13%	2.15%	0.14%	0.00%	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.29%	4.20%	3.46%	8.17%	9.18%	8.67%	11.72%	n/a	n/a
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	32.08%	99.84%	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	32.08%	99.84%	n/a
Liquidity & Funding
Loans / Shares	90.55%	76.57%	82.65%	99.61%	94.80%	70.27%	114.14%	0.00%	-9,961 bps
Liquid Assets / Assets	14.17%	27.58%	25.66%	18.89%	21.11%	34.39%	35.76%	98.02%	+7,913 bps