First National Bank of Canon City

Canon City, CO · Cert 2999

FDIC

Q3 2001

$104.0MAssets

$44.1MLoans

$82.3MDeposits

$9.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.12%, down 74 bps year over year; NIM at 4.25%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
Funding: loans stand at 53.58% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

1.12%-74 bps YoY

Net Interest Margin (quarter, annualized)

4.25%

Efficiency Ratio (quarter, annualized)

73.67%

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	1.69%	1.73%	1.79%	1.86%	1.88%	1.53%	1.48%	1.12%	-74 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	16.16%	12.04%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.38%	4.24%	4.25%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	68.77%	69.38%	73.67%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.79%	2.71%	2.97%	n/a
Growth
Asset Growth (YoY)	1.30%	4.63%	6.39%	5.60%	2.80%	2.47%	3.64%	3.18%	-242 bps
Loan Growth (YoY)	13.70%	27.91%	25.07%	17.88%	15.66%	2.48%	-7.04%	-13.29%	-3,117 bps
Deposit Growth (YoY)	-1.85%	4.11%	7.03%	6.96%	4.46%	-1.54%	-0.92%	1.99%	-497 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	0.02%	0.22%	0.15%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.09%	1.12%	1.21%	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	18.89%	19.43%	19.89%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	9.23%	9.12%	9.41%	n/a
Liquidity & Funding
Loans / Deposits	57.12%	59.89%	61.09%	63.03%	63.25%	62.33%	57.32%	53.58%	-944 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	16.91%	27.19%	16.70%	+1,670 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a