Berthoud National Bank, The

Berthoud, CO · Cert 2996

FDIC

Q3 2001

$104.6MAssets

$78.0MLoans

$89.1MDeposits

$14.2MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.82%, down 45 bps year over year; NIM at 3.30%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
Funding: loans stand at 87.59% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

0.82%-45 bps YoY

Net Interest Margin (quarter, annualized)

3.30%

Efficiency Ratio (quarter, annualized)

67.56%

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	1.06%	1.21%	1.33%	1.27%	1.25%	1.15%	-0.84%	0.82%	-45 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	-7.74%	6.06%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.28%	-2.58%	3.30%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	60.79%	58.22%	67.56%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.42%	-1.49%	2.09%	n/a
Growth
Asset Growth (YoY)	11.34%	22.92%	18.78%	17.04%	21.59%	14.66%	22.09%	18.09%	+105 bps
Loan Growth (YoY)	23.70%	25.56%	13.21%	18.27%	20.83%	9.75%	18.10%	18.74%	+47 bps
Deposit Growth (YoY)	12.35%	23.96%	19.97%	17.99%	21.17%	14.74%	14.56%	11.17%	-682 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	0.08%	-0.07%	-0.02%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.32%	1.23%	1.17%	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	11.18%	10.41%	10.01%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	7.95%	13.61%	13.56%	n/a
Liquidity & Funding
Loans / Deposits	81.16%	81.17%	80.34%	82.01%	80.93%	77.64%	82.82%	87.59%	+559 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	2.15%	1.93%	1.89%	+189 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a