Universal Bank, N.A.

Columbus, GA · Cert 32897

FDIC

Q4 2001

$11.1BAssets

$8.8BLoans

$52.8MDeposits

$3.4BEquity

Deposit mix

Executive Summary

Earnings: ROA of 2.23%, up 38 bps year over year; NIM at 8.47%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.70%.
Funding: loans stand at 16767.95% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

2.23%+38 bps YoY

Net Interest Margin (YTD, annualized)

8.47%

Efficiency Ratio (YTD, annualized)

40.85%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	1.78%	1.69%	1.76%	1.85%	1.26%	1.51%	1.58%	2.23%	+38 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	4.52%	4.66%	5.00%	8.47%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	52.04%	45.52%	44.11%	40.85%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	-0.17%	-0.10%	0.55%	0.38%	n/a
Growth
Asset Growth (YoY)	9.75%	55.63%	72.03%	79.96%	86.27%	64.96%	58.96%	-9.43%	-8,939 bps
Loan Growth (YoY)	19.56%	90.46%	126.81%	131.77%	146.83%	96.47%	84.50%	-7.52%	-13,929 bps
Deposit Growth (YoY)	15.46%	-51.83%	-60.03%	-64.74%	-68.00%	21.85%	30.45%	49.31%	+11,406 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	3.17%	2.56%	2.87%	4.70%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	2.73%	1.97%	1.96%	2.59%	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	17.68%	14.30%	15.10%	25.03%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	24.65%	19.22%	19.58%	31.00%	n/a
Liquidity & Funding
Loans / Deposits	3903%	17002%	20889%	27072%	30107%	27414%	29544%	16768%	-1,030,400 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.02%	0.01%	0.01%	0.01%	+1 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a