Nashoba Bank

Germantown, TN · Cert 32905

FDIC

Q3 2001

$172.5MAssets

$150.6MLoans

$146.4MDeposits

$13.0MEquity

Deposit mix

Executive Summary

Earnings: ROA of 0.82%, down 16 bps year over year; NIM at 3.39%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.22%.
Funding: loans stand at 102.89% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

0.82%-16 bps YoY

Net Interest Margin (quarter, annualized)

3.39%

Efficiency Ratio (quarter, annualized)

67.12%

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	0.86%	0.95%	0.94%	0.98%	1.00%	0.46%	0.88%	0.82%	-16 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	12.60%	11.13%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.39%	3.17%	3.39%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	56.76%	60.99%	67.12%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.71%	1.73%	2.07%	n/a
Growth
Asset Growth (YoY)	41.87%	37.12%	32.37%	20.46%	20.87%	24.67%	14.30%	10.35%	-1,012 bps
Loan Growth (YoY)	45.80%	41.06%	32.28%	20.19%	21.79%	21.96%	16.47%	10.69%	-951 bps
Deposit Growth (YoY)	46.60%	43.86%	38.22%	29.19%	22.69%	28.11%	14.43%	9.73%	-1,946 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	0.58%	0.09%	0.22%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.13%	1.09%	1.06%	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	8.52%	8.46%	8.82%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	6.82%	7.14%	7.54%	n/a
Liquidity & Funding
Loans / Deposits	100.39%	101.65%	99.65%	102.00%	99.66%	96.76%	101.43%	102.89%	+89 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a