Bank of Whitesburg, The

Whitesburg, KY · Cert 280

FDIC

Q2 2001

$152.1MAssets

$101.9MLoans

$136.7MDeposits

$12.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.71%, down 32 bps year over year; NIM at 3.85%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.55%.
Funding: loans stand at 74.51% of deposits as of Q2 2001.

Return on Assets (quarter, annualized)

0.71%-32 bps YoY

Net Interest Margin (quarter, annualized)

3.85%

Efficiency Ratio (quarter, annualized)

71.51%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	1.01%	1.08%	1.05%	1.03%	1.02%	0.97%	1.07%	0.71%	-32 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	8.66%	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	3.95%	3.85%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	64.55%	71.51%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.41%	2.67%	n/a
Growth
Asset Growth (YoY)	-1.70%	-4.60%	-4.17%	-5.48%	-3.83%	-0.75%	-0.09%	3.50%	+898 bps
Loan Growth (YoY)	-5.42%	-7.55%	-6.70%	-1.71%	-2.64%	-2.60%	-1.21%	-2.67%	-96 bps
Deposit Growth (YoY)	-2.49%	-5.65%	-4.44%	-6.17%	-5.20%	-3.03%	-1.24%	2.74%	+891 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	n/a	0.32%	0.55%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	2.26%	2.25%	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	n/a	13.05%	13.31%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	8.13%	8.21%	n/a
Liquidity & Funding
Loans / Deposits	77.47%	77.43%	76.40%	78.65%	79.57%	77.77%	76.42%	74.51%	-414 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	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