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South Pointe Bank

Carbondale, IL · Cert 34013

FDIC

Q3 2006

$203.1MAssets
$140.6MLoans
$168.9MDeposits
$15.6MEquity
Loan mix
87%RE $63.7M13%C&I $9.7M0%Consumer $0.2MQ3 2005Q3 2006
Deposit mix
92%Interest-bearing $155.5M8%Noninterest $13.3MQ3 2005Q3 2006

NIM

5.40%Q3 ’045.59%Q3 ’055.63%Q3 ’06-6%-20%

Non-interest income vs. expense

3.11%Q3 ’043.04%Q3 ’052.86%Q3 ’06+7%-8%

Executive Summary

  • Earnings: ROA of 0.35%, down 17 bps year over year; NIM at 2.58%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
  • Funding: loans stand at 83.29% of deposits as of Q3 2006.

Financial Results

Return on Assets (quarter, annualized)

0.35%-17 bps YoY

Net Interest Margin (quarter, annualized)

2.58%-64 bps YoY

Efficiency Ratio (quarter, annualized)

83.70%+905 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.52%-1.21%0.56%0.43%0.35%-17 bps
Return on Equity6.78%-16.26%7.63%5.86%4.65%-213 bps
Net Interest Margin3.22%2.89%2.87%2.91%2.58%-64 bps
Efficiency Ratio74.65%83.26%73.84%80.51%83.70%+905 bps
Non-Interest Burden2.34%2.42%2.06%2.34%2.15%-18 bps
Growth
Asset Growth (YoY)6.17%-0.54%2.64%3.10%-2.24%-841 bps
Loan Growth (YoY)21.56%19.29%14.74%5.01%0.04%-2,152 bps
Deposit Growth (YoY)7.90%3.22%2.10%2.90%0.71%-720 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.02%2.30%0.03%0.31%0.05%+4 bps
Allowance / Loans1.00%1.26%1.28%1.22%1.23%+23 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital12.11%11.72%12.14%12.34%12.62%+51 bps
Equity / Assets7.60%7.33%7.44%7.39%7.69%+10 bps
Liquidity & Funding
Loans / Deposits83.84%86.00%84.49%82.79%83.29%-55 bps
Liquid Assets / Assets0.06%0.02%0.05%0.08%0.11%+5 bps
CRE / Total Capitaln/an/an/an/an/an/an/a