Community Bank

Staunton, VA · Cert 30417

FDIC

Q4 2012

$467.2MAssets

$408.1MLoans

$385.1MDeposits

$52.0MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.19%, up 83 bps year over year; NIM at 4.40%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.12%.
Funding: loans stand at 105.97% of deposits as of Q4 2012.

Return on Assets (quarter, annualized)

1.19%+83 bps YoY

Net Interest Margin (quarter, annualized)

4.40%

Efficiency Ratio (quarter, annualized)

69.68%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	Q4 2012	YoY Δ	Trend
Earnings
Return on Assets	0.80%	0.61%	0.60%	0.35%	0.87%	0.98%	0.36%	1.19%	+83 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	9.89%	3.51%	11.07%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	4.88%	4.76%	4.39%	4.40%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	66.65%	63.71%	60.02%	69.68%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	3.37%	2.86%	2.37%	3.08%	n/a
Growth
Asset Growth (YoY)	-3.31%	-5.38%	-4.25%	-3.67%	-4.58%	-4.23%	-5.36%	-8.41%	-474 bps
Loan Growth (YoY)	-4.75%	-5.77%	-6.34%	-6.20%	-5.39%	-5.96%	-5.52%	-9.29%	-309 bps
Deposit Growth (YoY)	-5.08%	-6.58%	-4.70%	-6.18%	-1.74%	-0.65%	1.59%	5.47%	+1,165 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	0.19%	0.80%	1.73%	-0.12%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.64%	1.50%	1.52%	1.44%	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	13.08%	13.59%	14.05%	15.23%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	9.70%	10.03%	10.32%	11.12%	n/a
Liquidity & Funding
Loans / Deposits	125.52%	126.75%	124.12%	123.21%	120.85%	119.97%	115.43%	105.97%	-1,724 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	2.81%	3.66%	4.26%	5.23%	+523 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a