Panamerican Bank

Miami, FL · Cert 26289

FDIC

Q3 2001

$33.1MAssets

$20.7MLoans

$28.3MDeposits

$3.0MEquity

Deposit mix

Executive Summary

Earnings: ROA of -0.38%, up 8 bps year over year; NIM at 3.45%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
Funding: loans stand at 73.29% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

-0.38%+8 bps YoY

Net Interest Margin (YTD, annualized)

3.45%

Efficiency Ratio (YTD, annualized)

110.48%

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	-0.87%	0.01%	-0.26%	-0.46%	-0.15%	-0.45%	-0.48%	-0.38%	+8 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	3.48%	3.47%	3.45%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	111.31%	111.95%	110.48%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	3.93%	3.95%	3.86%	n/a
Growth
Asset Growth (YoY)	-4.46%	-9.24%	-1.39%	-0.67%	7.47%	15.49%	9.39%	8.62%	+929 bps
Loan Growth (YoY)	-7.85%	-0.49%	4.84%	-4.68%	4.63%	1.96%	7.25%	11.42%	+1,609 bps
Deposit Growth (YoY)	-7.10%	-13.80%	-5.05%	4.35%	11.97%	21.71%	13.91%	4.14%	-21 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	0.12%	0.02%	-0.03%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.15%	1.13%	1.15%	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	13.82%	13.98%	13.65%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.95%	9.17%	9.18%	n/a
Liquidity & Funding
Loans / Deposits	74.45%	80.49%	77.19%	68.50%	69.58%	67.43%	72.68%	73.29%	+478 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	3.37%	3.52%	3.48%	+348 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a