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Vine Street Trust Company, The

Lexington, KY · Cert 27375

FDIC

Q2 2002

$333.8MAssets
$321.9MLoans
$238.1MDeposits
$29.4MEquity
Loan mix
58%RE $61.1M41%C&I $43.5M1%Consumer $1.1MQ2 2001Q2 2002
Deposit mix
83%Interest-bearing $198.8M17%Noninterest $39.3MQ2 2001Q2 2002

NIM

8.41%Q1 ’018.09%Q2 ’015.91%Q2 ’02+7%-13%

Non-interest income vs. expense

2.61%Q1 ’012.25%Q2 ’012.43%Q2 ’02+0%+13%

Executive Summary

  • Earnings: ROA of 1.27%, down 58 bps year over year; NIM at 3.93%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
  • Funding: loans stand at 135.20% of deposits as of Q2 2002.

Financial Results

Return on Assets (quarter, annualized)

1.27%-58 bps YoY

Net Interest Margin (quarter, annualized)

3.93%-59 bps YoY

Efficiency Ratio (quarter, annualized)

52.79%+968 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2001Q3 2001Q4 2001Q1 2002Q2 2002YoY ΔTrend
Earnings
Return on Assets1.85%1.74%1.28%0.00%1.27%-58 bps
Return on Equity19.40%17.64%13.34%0.00%14.21%-519 bps
Net Interest Margin4.53%4.42%4.17%0.00%3.93%-59 bps
Efficiency Ratio43.11%46.86%50.29%n/a52.79%+968 bps
Non-Interest Burden1.55%1.64%1.66%0.00%1.76%+21 bps
Growth
Asset Growth (YoY)8.29%6.67%9.09%8.03%20.05%+1,176 bps
Loan Growth (YoY)12.96%18.31%21.72%17.56%25.34%+1,238 bps
Deposit Growth (YoY)7.60%-1.49%3.53%4.23%5.14%-246 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%-0.02%-3 bps
Allowance / Loans1.10%1.06%1.13%2.05%1.89%+80 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 Capital12.01%11.96%11.75%11.40%10.76%-125 bps
Equity / Assets9.95%9.74%9.49%9.09%8.82%-114 bps
Liquidity & Funding
Loans / Deposits113.41%119.12%116.12%115.70%135.20%+2,179 bps
Liquid Assets / Assets0.06%0.02%0.04%0.05%0.00%-6 bps
CRE / Total Capitaln/an/an/an/an/an/an/a