First North American National Bank

Kennesaw, GA · Cert 33209

FDIC

Q1 2004

$80.7MAssets

n/aLoans

$614KDeposits

$46.8MEquity

Deposit mix

Executive Summary

Return on Assets (quarter, annualized)

-29.94%-3,152 bps YoY

Net Interest Margin (quarter, annualized)

0.43%-23 bps YoY

Efficiency Ratio (quarter, annualized)

145.08%+4,889 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q2 2002	Q3 2002	Q4 2002	Q1 2003	Q2 2003	Q3 2003	Q4 2003	Q1 2004	YoY Δ	Trend
Earnings
Return on Assets	2.39%	3.73%	6.66%	1.57%	6.58%	20.95%	33.83%	-29.94%	-3,152 bps
Return on Equity	3.09%	4.68%	8.56%	2.48%	20.16%	54.25%	63.21%	-49.39%	-5,188 bps
Net Interest Margin	1.36%	1.34%	0.82%	0.66%	0.44%	-0.40%	-0.96%	0.43%	-23 bps
Efficiency Ratio	86.57%	81.29%	75.67%	96.19%	91.51%	76.31%	67.43%	145.08%	+4,889 bps
Non-Interest Burden	-2.51%	-4.80%	-11.10%	-2.11%	-10.90%	-32.80%	-42.24%	47.46%	+4,957 bps
Growth
Asset Growth (YoY)	-8.45%	-13.02%	-16.39%	-76.48%	-74.93%	-78.91%	-75.72%	-30.54%	+4,594 bps
Loan Growth (YoY)	-100.00%	-100.00%	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	-98.92%	-98.95%	73.33%	-79.58%	-74.04%	-85.37%	-73.08%	391%	+47,078 bps
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	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	318%	320%	307%	89.93%	88.99%	149.16%	159.51%	214%	+12,383 bps
Equity / Assets	78.81%	80.80%	73.66%	32.33%	32.94%	45.45%	63.10%	58.05%	+2,572 bps
Liquidity & Funding
Loans / Deposits	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 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