F&M Bank - Maryland, Inc.

Bethesda, MD · Cert 26984

FDIC

Q4 2001

$233.6MAssets

$170.6MLoans

$193.0MDeposits

$29.0MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.95%, down 25 bps year over year; NIM at 4.38%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.35%.
Funding: loans stand at 88.39% of deposits as of Q4 2001.

Return on Assets (quarter, annualized)

0.95%-25 bps YoY

Net Interest Margin (quarter, annualized)

4.38%

Efficiency Ratio (quarter, annualized)

77.93%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	1.07%	1.13%	1.22%	1.21%	1.43%	1.06%	-0.71%	0.95%	-25 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	9.23%	-6.03%	7.94%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	4.44%	4.55%	3.95%	4.38%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	58.07%	66.56%	86.72%	77.93%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	2.27%	2.78%	3.32%	3.21%	n/a
Growth
Asset Growth (YoY)	-12.92%	-2.14%	2.50%	8.55%	62.23%	45.08%	47.96%	39.13%	+3,058 bps
Loan Growth (YoY)	-1.30%	7.62%	10.01%	9.25%	49.86%	38.65%	37.83%	42.47%	+3,322 bps
Deposit Growth (YoY)	-7.69%	-3.42%	2.98%	9.23%	64.76%	58.94%	57.27%	42.32%	+3,309 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	0.23%	0.60%	0.00%	0.35%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.08%	0.98%	1.69%	1.56%	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	12.99%	13.35%	13.49%	13.90%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	11.21%	11.83%	11.63%	12.41%	n/a
Liquidity & Funding
Loans / Deposits	89.46%	94.02%	92.54%	88.30%	81.37%	82.02%	81.10%	88.39%	+9 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.36%	0.38%	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