First Bank and Trust Company of Tennessee

Johnson City, TN · Cert 34099

FDIC

Q3 2001

$84.5MAssets

$68.2MLoans

$78.5MDeposits

$5.5MEquity

Deposit mix

Executive Summary

Earnings: ROA of 1.02%, up 1 bps year over year; NIM at 3.32%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.17%.
Funding: loans stand at 86.96% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

1.02%+1 bps YoY

Net Interest Margin (YTD, annualized)

3.32%

Efficiency Ratio (YTD, annualized)

57.66%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.28%	1.10%	0.98%	1.02%	1.13%	1.03%	0.95%	1.02%	+1 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	n/a	3.73%	3.48%	3.32%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	59.52%	59.86%	57.66%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.92%	1.80%	1.63%	n/a
Growth
Asset Growth (YoY)	21.71%	27.58%	25.22%	19.52%	19.19%	7.93%	17.51%	21.90%	+239 bps
Loan Growth (YoY)	35.88%	32.37%	22.73%	19.11%	19.10%	14.84%	10.11%	14.52%	-459 bps
Deposit Growth (YoY)	25.58%	29.93%	29.56%	7.68%	17.74%	8.01%	17.12%	38.70%	+3,102 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	0.44%	0.27%	0.17%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	0.97%	1.01%	1.03%	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	11.55%	11.30%	10.40%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	7.14%	6.70%	6.47%	n/a
Liquidity & Funding
Loans / Deposits	94.98%	85.06%	90.01%	105.32%	96.08%	90.44%	84.62%	86.96%	-1,836 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