FNB West Texas

Plainview, TX · Cert 3239

FDIC

Q4 2001

$39.8MAssets

$14.2MLoans

$36.4MDeposits

$3.2MEquity

Deposit mix

Executive Summary

Earnings: ROA of 0.44%, down 16 bps year over year; NIM at 3.91%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 39.12% of deposits as of Q4 2001.

Return on Assets (quarter, annualized)

0.44%-16 bps YoY

Net Interest Margin (quarter, annualized)

3.91%

Efficiency Ratio (quarter, annualized)

85.71%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.72%	0.74%	0.85%	0.59%	0.44%	0.24%	0.33%	0.44%	-16 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	2.92%	3.74%	5.17%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.78%	3.65%	3.76%	3.91%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	85.14%	92.55%	90.12%	85.71%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	3.07%	3.31%	3.29%	3.23%	n/a
Growth
Asset Growth (YoY)	-2.45%	-1.37%	1.51%	-2.13%	-0.43%	-0.36%	-2.94%	8.56%	+1,069 bps
Loan Growth (YoY)	0.14%	11.64%	10.36%	19.06%	16.08%	-2.35%	2.74%	-10.93%	-2,999 bps
Deposit Growth (YoY)	-2.33%	-4.04%	-1.91%	-3.76%	-2.08%	2.26%	2.16%	9.25%	+1,301 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	0.00%	0.00%	-0.02%	0.00%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	1.95%	1.92%	1.71%	2.17%	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	15.76%	15.78%	14.50%	16.23%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	8.06%	8.62%	8.95%	7.97%	n/a
Liquidity & Funding
Loans / Deposits	37.20%	50.77%	55.31%	47.99%	44.10%	48.48%	55.62%	39.12%	-886 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	6.43%	2.72%	2.49%	2.73%	+273 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a