First National Bank of Northern Kentucky

Fort Mitchell, KY · Cert 33556

FDIC

Q1 2007

$76.8MAssets

$64.0MLoans

$65.4MDeposits

$11.0MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of 0.81%, down 191 bps year over year; NIM at 4.35%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.33%.
Funding: loans stand at 97.84% of deposits as of Q1 2007.

Return on Assets (quarter, annualized)

0.81%-191 bps YoY

Net Interest Margin (quarter, annualized)

4.35%-67 bps YoY

Efficiency Ratio (quarter, annualized)

82.77%-1,100 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2006	Q2 2006	Q3 2006	Q4 2006	Q1 2007	YoY Δ	Trend
Earnings
Return on Assets	2.72%	2.31%	1.43%	0.75%	0.81%	-191 bps
Return on Equity	15.88%	13.82%	8.78%	4.73%	5.35%	-1,053 bps
Net Interest Margin	5.02%	5.64%	5.20%	4.70%	4.35%	-67 bps
Efficiency Ratio	93.76%	63.33%	82.11%	86.68%	82.77%	-1,100 bps
Non-Interest Burden	4.68%	3.39%	4.19%	4.03%	3.55%	-113 bps
Growth
Asset Growth (YoY)	4.84%	12.24%	19.01%	22.16%	11.32%	+648 bps
Loan Growth (YoY)	21.34%	23.26%	16.61%	20.24%	12.62%	-872 bps
Deposit Growth (YoY)	3.11%	12.51%	21.20%	24.80%	15.33%	+1,222 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.01%	-0.14%	-0.50%	-0.14%	0.33%	+31 bps
Allowance / Loans	1.76%	1.62%	1.58%	1.50%	1.49%	-27 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	22.27%	21.59%	21.11%	20.36%	19.78%	-249 bps
Equity / Assets	16.91%	16.54%	15.94%	15.88%	14.29%	-262 bps
Liquidity & Funding
Loans / Deposits	100.20%	102.25%	98.25%	102.17%	97.84%	-236 bps
Liquid Assets / Assets	1.45%	1.35%	1.29%	1.25%	1.30%	-14 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a