PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Community National Bank

South Boston, VA · Cert 26425

FDIC

Q3 2006

$245.2MAssets
$151.4MLoans
$221.0MDeposits
$23.7MEquity
Deposit mix
83%Interest-bearing $183.9M17%Noninterest $37.0MQ3 2005Q3 2006

NIM

4.48%Q3 ’044.64%Q3 ’055.26%Q3 ’06+2%+7%

Non-interest income vs. expense

1.94%Q3 ’041.96%Q3 ’052.14%Q3 ’06+5%+12%

Executive Summary

  • Earnings: ROA of 0.88%, up 1 bps year over year; NIM at 2.84%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 68.52% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.88%+1 bps YoY

Net Interest Margin (YTD, annualized)

2.84%+19 bps YoY

Efficiency Ratio (YTD, annualized)

65.18%+188 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.87%0.93%0.79%0.88%0.88%+1 bps
Return on Equity9.89%10.43%8.35%9.39%9.32%-57 bps
Net Interest Margin2.65%2.71%2.61%2.81%2.84%+19 bps
Efficiency Ratio63.30%62.84%67.84%65.00%65.18%+188 bps
Non-Interest Burden1.51%1.53%1.62%1.68%1.69%+18 bps
Growth
Asset Growth (YoY)-1.05%-0.18%-1.16%0.07%-1.73%-68 bps
Loan Growth (YoY)12.11%4.89%1.60%-4.42%-6.68%-1,879 bps
Deposit Growth (YoY)-1.85%-0.87%-1.94%-0.49%-2.58%-73 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.01%-0.01%-0.01%-1 bps
Allowance / Loans1.01%1.08%1.05%1.11%1.13%+12 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital15.10%15.92%15.79%15.82%16.21%+111 bps
Equity / Assets8.90%9.33%9.50%9.39%9.68%+78 bps
Liquidity & Funding
Loans / Deposits71.52%69.27%71.25%68.52%68.52%-300 bps
Liquid Assets / Assets27.77%29.69%27.95%26.71%27.83%+6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a