PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Century National Bank

Zanesville, OH · Cert 28624

FDIC

Q2 2008

$740.1MAssets
$546.9MLoans
$469.9MDeposits
$62.4MEquity
Loan mix
95%RE $399.3M5%C&I $20.5M1%Consumer $2.2MQ2 2007Q2 2008
Deposit mix
93%Interest-bearing $434.7M7%Noninterest $35.2MQ2 2007Q2 2008

NIM

6.05%Q2 ’066.47%Q2 ’076.09%Q2 ’08+1%+4%

Non-interest income vs. expense

2.28%Q2 ’062.41%Q2 ’072.28%Q2 ’08-11%+3%

Executive Summary

  • Earnings: ROA of 1.80%, up 24 bps year over year; NIM at 3.80%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.12%.
  • Funding: loans stand at 116.39% of deposits as of Q2 2008.

Financial Results

Return on Assets (YTD, annualized)

1.80%+24 bps YoY

Net Interest Margin (YTD, annualized)

3.80%+16 bps YoY

Efficiency Ratio (YTD, annualized)

44.08%-256 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ2 2007Q3 2007Q4 2007Q1 2008Q2 2008YoY ΔTrend
Earnings
Return on Assets1.56%1.57%1.64%1.74%1.80%+24 bps
Return on Equity18.51%18.21%19.04%20.43%21.24%+273 bps
Net Interest Margin3.63%3.59%3.69%3.76%3.80%+16 bps
Efficiency Ratio46.65%46.48%46.88%45.22%44.08%-256 bps
Non-Interest Burden1.01%1.02%1.09%1.10%1.04%+3 bps
Growth
Asset Growth (YoY)-2.51%2.15%-2.62%0.74%4.90%+741 bps
Loan Growth (YoY)-0.71%1.25%3.49%2.80%5.84%+655 bps
Deposit Growth (YoY)6.14%-0.46%-2.02%-6.14%-5.85%-1,199 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.31%0.28%0.27%0.06%0.12%-19 bps
Allowance / Loans2.08%2.06%1.86%1.87%1.77%-31 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 Capital11.87%12.31%10.95%10.67%10.81%-106 bps
Equity / Assets9.00%9.16%8.59%8.47%8.43%-57 bps
Liquidity & Funding
Loans / Deposits103.54%109.10%109.58%110.88%116.39%+1,286 bps
Liquid Assets / Assets1.22%1.15%1.16%1.15%1.08%-14 bps
CRE / Total Capitaln/an/an/an/an/an/an/a