Appalachian Community Bank

Blairsville, GA · Cert 23684

FDIC

Q2 2001

$83.9MAssets

$59.8MLoans

$66.1MDeposits

$8.7MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.66%, down 15 bps year over year; NIM at 3.28%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
Funding: loans stand at 90.51% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

0.66%-15 bps YoY

Net Interest Margin (YTD, annualized)

3.28%

Efficiency Ratio (YTD, annualized)

69.31%

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	0.06%	0.10%	0.84%	0.81%	0.91%	0.70%	0.57%	0.66%	-15 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	3.31%	3.28%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	71.71%	69.31%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.25%	2.13%	n/a
Growth
Asset Growth (YoY)	25.41%	26.34%	29.03%	32.65%	34.35%	22.29%	25.85%	8.60%	-2,404 bps
Loan Growth (YoY)	58.01%	63.15%	49.26%	57.57%	40.88%	36.21%	19.01%	2.15%	-5,542 bps
Deposit Growth (YoY)	18.96%	26.17%	27.28%	16.74%	22.46%	8.88%	18.16%	11.65%	-509 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	0.10%	0.17%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	1.18%	1.18%	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	11.20%	11.48%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	10.12%	10.41%	n/a
Liquidity & Funding
Loans / Deposits	84.40%	78.24%	87.92%	98.92%	97.09%	97.88%	88.56%	90.51%	-841 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