First Federal Savings Bank

Sistersville, WV · Cert 28746

FDIC

Q2 2012

$48.1MAssets

$30.5MLoans

$39.0MDeposits

$8.0MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.74%, up 20 bps year over year; NIM at 3.61%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.04%.
Funding: loans stand at 78.10% of deposits as of Q2 2012.

Return on Assets (YTD, annualized)

0.74%+20 bps YoY

Net Interest Margin (YTD, annualized)

3.61%

Efficiency Ratio (YTD, annualized)

72.31%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2010	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	YoY Δ	Trend
Earnings
Return on Assets	0.44%	0.45%	0.35%	0.55%	0.59%	0.63%	0.68%	0.74%	+20 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	3.54%	3.61%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	73.36%	72.31%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.51%	2.50%	n/a
Growth
Asset Growth (YoY)	-1.35%	-1.15%	-2.37%	-4.94%	-3.26%	-4.25%	-0.82%	2.15%	+709 bps
Loan Growth (YoY)	-9.66%	-12.29%	-18.02%	-1.43%	-0.97%	1.38%	7.95%	14.94%	+1,637 bps
Deposit Growth (YoY)	0.25%	2.29%	-0.13%	-1.47%	0.23%	-2.30%	2.13%	4.96%	+643 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	0.00%	0.04%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	0.80%	0.74%	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	36.54%	29.97%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	16.92%	16.56%	n/a
Liquidity & Funding
Loans / Deposits	73.56%	70.49%	70.10%	71.32%	72.68%	73.14%	74.10%	78.10%	+679 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	10.85%	9.16%	+916 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a