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Letter portraitLegal landscapeQuarterYTD

Nab Bank

Chicago, IL · Cert 27034

FDIC

Q3 2006

$142.2MAssets
$117.9MLoans
$113.6MDeposits
$14.0MEquity
Loan mix
94%RE $62.8M6%C&I $3.9M0%Consumer $0.2MQ3 2005Q3 2006
Deposit mix
91%Interest-bearing $103.0M9%Noninterest $10.7MQ3 2005Q3 2006

NIM

5.30%Q3 ’045.64%Q3 ’056.12%Q3 ’06-3%-15%

Non-interest income vs. expense

5.10%Q3 ’043.56%Q3 ’053.26%Q3 ’06+185%-47%

Executive Summary

  • Earnings: ROA of 1.76%, up 95 bps year over year; NIM at 3.10%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.01%.
  • Funding: loans stand at 103.72% of deposits as of Q3 2006.

Financial Results

Return on Assets (quarter, annualized)

1.76%+95 bps YoY

Net Interest Margin (quarter, annualized)

3.10%-53 bps YoY

Efficiency Ratio (quarter, annualized)

64.47%-1,106 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.81%0.53%0.31%0.31%1.76%+95 bps
Return on Equity8.96%5.69%3.23%3.36%18.07%+911 bps
Net Interest Margin3.63%3.36%3.28%3.29%3.10%-53 bps
Efficiency Ratio75.53%90.12%89.28%89.40%64.47%-1,106 bps
Non-Interest Burden2.48%2.97%2.88%2.89%1.30%-117 bps
Growth
Asset Growth (YoY)-0.59%4.06%2.61%5.42%2.74%+333 bps
Loan Growth (YoY)10.64%11.29%5.46%6.08%4.08%-656 bps
Deposit Growth (YoY)-0.14%3.74%3.78%5.80%-3.64%-349 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.54%-0.01%-0.02%-0.01%-0.01%-55 bps
Allowance / Loans1.38%1.41%1.43%1.39%1.34%-4 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 Capital15.00%16.75%15.40%15.03%14.98%-2 bps
Equity / Assets8.96%9.78%9.14%9.59%9.87%+91 bps
Liquidity & Funding
Loans / Deposits96.03%89.53%93.44%98.97%103.72%+769 bps
Liquid Assets / Assets6.99%6.57%8.72%6.41%5.26%-173 bps
CRE / Total Capitaln/an/an/an/an/an/an/a