First American Bank of Pensacola, N.A.

Pensacola, FL · Cert 23838

FDIC

Q3 2001

$309.3MAssets

$258.5MLoans

$240.3MDeposits

$27.3MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.23%, down 30 bps year over year; NIM at 4.00%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
Funding: loans stand at 107.55% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

1.23%-30 bps YoY

Net Interest Margin (YTD, annualized)

4.00%

Efficiency Ratio (YTD, annualized)

47.34%

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	1.65%	1.61%	1.65%	1.53%	1.54%	1.55%	1.60%	1.23%	-30 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	3.88%	3.94%	4.00%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	39.87%	38.31%	47.34%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.36%	1.31%	1.73%	n/a
Growth
Asset Growth (YoY)	10.60%	18.61%	11.84%	36.29%	11.13%	5.04%	11.99%	-12.62%	-4,891 bps
Loan Growth (YoY)	16.07%	16.20%	11.00%	15.02%	13.18%	15.35%	18.58%	10.88%	-414 bps
Deposit Growth (YoY)	9.52%	17.46%	10.94%	31.04%	11.51%	1.04%	7.41%	-16.99%	-4,803 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	0.00%	-0.06%	-0.04%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.10%	1.11%	1.30%	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	12.44%	12.48%	12.48%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.78%	8.76%	8.81%	n/a
Liquidity & Funding
Loans / Deposits	93.58%	88.75%	94.18%	80.52%	94.98%	101.32%	103.98%	107.55%	+2,703 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	3.41%	0.27%	0.66%	+66 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a