Ledger Bank, S.S.B.

Glendale, WI · Cert 29503

FDIC

Q3 2001

$494.9MAssets

$338.5MLoans

$312.3MDeposits

$37.7MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.54%, up 4 bps year over year; NIM at 2.37%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.02%.
Funding: loans stand at 108.38% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

0.54%+4 bps YoY

Net Interest Margin (quarter, annualized)

2.37%

Efficiency Ratio (quarter, annualized)

61.35%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	0.68%	0.47%	0.52%	0.50%	0.55%	0.46%	0.46%	0.54%	+4 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	6.32%	7.22%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	2.34%	2.41%	2.37%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	70.26%	73.99%	61.35%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.50%	1.64%	1.26%	n/a
Growth
Asset Growth (YoY)	7.49%	7.81%	10.74%	-1.41%	-2.23%	-1.81%	-2.41%	-3.76%	-235 bps
Loan Growth (YoY)	26.77%	34.22%	36.73%	15.34%	4.37%	-4.79%	-8.45%	-12.84%	-2,818 bps
Deposit Growth (YoY)	4.06%	7.27%	19.03%	4.84%	0.34%	-4.48%	-7.04%	-8.79%	-1,364 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	0.04%	0.02%	0.02%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	0.89%	0.94%	1.10%	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	11.43%	11.58%	12.04%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	7.20%	7.29%	7.61%	n/a
Liquidity & Funding
Loans / Deposits	112.22%	115.13%	111.57%	113.42%	116.73%	114.76%	109.88%	108.38%	-503 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	5.16%	2.65%	6.32%	+632 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a