Gulf Coast National Bank

Naples, FL · Cert 34048

FDIC

Q4 2001

$393.9MAssets

$298.1MLoans

$292.0MDeposits

$28.3MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.96%, up 14 bps year over year; NIM at 3.66%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 102.11% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

0.96%+14 bps YoY

Net Interest Margin (YTD, annualized)

3.66%

Efficiency Ratio (YTD, annualized)

66.40%

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	0.59%	0.74%	0.80%	0.82%	0.75%	0.87%	0.92%	0.96%	+14 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	3.74%	3.69%	3.76%	3.66%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	72.60%	69.91%	67.45%	66.40%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	2.53%	2.33%	2.26%	2.16%	n/a
Growth
Asset Growth (YoY)	46.68%	51.76%	39.99%	38.28%	30.86%	16.15%	21.48%	24.27%	-1,401 bps
Loan Growth (YoY)	54.04%	44.85%	38.31%	38.17%	29.92%	25.31%	32.77%	39.68%	+151 bps
Deposit Growth (YoY)	43.58%	48.21%	27.56%	34.16%	25.75%	12.02%	18.66%	12.76%	-2,139 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	0.00%	0.00%	0.00%	0.00%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	0.72%	0.76%	0.73%	0.69%	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	10.00%	10.23%	10.09%	10.31%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	6.17%	6.68%	6.89%	7.18%	n/a
Liquidity & Funding
Loans / Deposits	77.70%	76.94%	84.08%	82.43%	80.28%	86.07%	94.08%	102.11%	+1,968 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	4.23%	5.05%	5.36%	5.01%	+501 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a