Pasadena National Trust Company

Pasadena, CA · Cert 27545

FDIC

Q1 2004

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2004, the quarter ended March 31, 2004, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Pasadena, CA · Cert 27545

FDIC

Q1 2004

$1.8MAssets

n/aLoans

n/aDeposits

$1.6MEquity

Return on Assets (YTD, annualized)

-14.04%-1,493 bps YoY

Net Interest Margin (YTD, annualized)

0.90%-65 bps YoY

Efficiency Ratio (YTD, annualized)

171.26%+7,343 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2003	Q2 2003	Q3 2003	Q4 2003	Q1 2004	YoY Δ	Trend
Earnings
Return on Assets	0.89%	1.22%	-1.70%	-5.02%	-14.04%	-1,493 bps
Return on Equity	0.90%	1.24%	-1.74%	-5.14%	-15.05%	-1,595 bps
Net Interest Margin	1.55%	1.51%	1.43%	1.35%	0.90%	-65 bps
Efficiency Ratio	97.84%	96.78%	103.33%	110.87%	171.26%	+7,343 bps
Non-Interest Burden	0.44%	-0.11%	3.08%	6.20%	14.87%	+1,443 bps
Growth
Asset Growth (YoY)	3.23%	0.11%	2.02%	-2.34%	-0.50%	-373 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance Coverage of NPLs	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
Total Risk-Based Capital	115.13%	118.19%	123.57%	131.69%	250%	+13,441 bps
Equity / Assets	99.05%	98.67%	96.15%	95.78%	90.79%	-826 bps
Liquidity & Funding
Loans / Deposits	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquid Assets / Assets	85.75%	88.53%	87.67%	94.24%	95.12%	+936 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a