Capital Bank of North County

Carlsbad, CA · Cert 25828

FDIC

Q4 2001

$143.7MAssets

$93.1MLoans

$132.1MDeposits

$10.6MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.21%, unchanged from a year ago; NIM at 4.64%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.01%.
Funding: loans stand at 70.46% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.21%0 bps YoY

Net Interest Margin (YTD, annualized)

4.64%

Efficiency Ratio (YTD, annualized)

67.06%

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	0.84%	1.05%	1.15%	1.21%	1.10%	1.10%	1.15%	1.21%	0 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	4.96%	4.65%	4.45%	4.64%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	69.22%	68.61%	68.84%	67.06%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	3.06%	2.81%	2.70%	2.73%	n/a
Growth
Asset Growth (YoY)	4.39%	5.23%	21.62%	23.16%	30.75%	24.42%	23.45%	14.87%	-828 bps
Loan Growth (YoY)	21.75%	9.83%	9.44%	13.69%	8.02%	9.47%	18.52%	28.58%	+1,490 bps
Deposit Growth (YoY)	3.46%	4.28%	21.64%	23.26%	31.44%	24.74%	23.44%	14.49%	-877 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	0.00%	0.01%	0.01%	0.01%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.11%	1.07%	1.00%	1.00%	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	12.23%	12.18%	12.00%	12.03%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	7.04%	7.18%	7.41%	7.39%	n/a
Liquidity & Funding
Loans / Deposits	76.31%	72.54%	69.99%	62.73%	62.71%	63.66%	67.20%	70.46%	+772 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.50%	0.41%	0.32%	0.31%	+31 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a