Century South Bank of Alabama

Oxford, AL · Cert 27365

FDIC

Q3 2001

$91.6MAssets

$45.5MLoans

$78.1MDeposits

$8.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.54%, down 66 bps year over year; NIM at 2.82%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.96%.
Funding: loans stand at 58.28% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

0.54%-66 bps YoY

Net Interest Margin (quarter, annualized)

2.82%

Efficiency Ratio (quarter, annualized)

78.01%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.35%	0.93%	1.09%	1.20%	1.02%	-0.85%	-1.74%	0.54%	-66 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	-18.44%	5.65%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.05%	2.74%	2.82%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	75.10%	188.54%	78.01%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.05%	5.54%	2.05%	n/a
Growth
Asset Growth (YoY)	-0.40%	0.07%	-3.61%	-3.25%	0.65%	-3.71%	-3.30%	-3.78%	-53 bps
Loan Growth (YoY)	-2.11%	-5.14%	-4.02%	-2.64%	-6.75%	-5.24%	-13.25%	-19.81%	-1,717 bps
Deposit Growth (YoY)	-1.37%	-0.90%	-5.92%	-6.26%	-1.07%	-5.82%	-4.67%	-3.56%	+270 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	5.63%	0.23%	0.96%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	2.67%	3.21%	3.17%	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	15.83%	15.82%	17.07%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	9.57%	9.32%	9.65%	n/a
Liquidity & Funding
Loans / Deposits	68.42%	62.57%	67.89%	70.08%	64.49%	62.95%	61.78%	58.28%	-1,180 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.21%	0.20%	0.20%	+20 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a