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Unity National Bank

Cartersville, GA · Cert 34678

FDIC

Q4 2009

$300.6MAssets
$201.3MLoans
$264.3MDeposits
$9.1MEquity
Loan mix
92%RE $137.7M8%C&I $11.7M0%Consumer $0.0MQ4 2008Q4 2009
Deposit mix
95%Interest-bearing $250.5M5%Noninterest $13.8MQ4 2008Q4 2009

NIM

7.60%Q4 ’075.36%Q4 ’084.34%Q4 ’09-36%-20%

Non-interest income vs. expense

2.81%Q4 ’072.99%Q4 ’084.51%Q4 ’09+40%+31%

Executive Summary

  • Earnings: ROA of -3.36%, down 150 bps year over year; NIM at 1.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 4.91%.
  • Funding: loans stand at 76.16% of deposits as of Q4 2009.

Financial Results

Return on Assets (quarter, annualized)

-3.36%-150 bps YoY

Net Interest Margin (quarter, annualized)

1.88%-47 bps YoY

Efficiency Ratio (quarter, annualized)

178.27%+5,367 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2008Q1 2009Q2 2009Q3 2009Q4 2009YoY ΔTrend
Earnings
Return on Assets-1.86%-1.58%-12.69%-3.40%-3.36%-150 bps
Return on Equity-24.19%-20.48%-203%-79.13%-97.23%-7,304 bps
Net Interest Margin2.34%2.44%2.30%2.04%1.88%-47 bps
Efficiency Ratio124.60%119.46%148.95%153.75%178.27%+5,367 bps
Non-Interest Burden2.93%2.91%3.43%3.16%3.85%+92 bps
Growth
Asset Growth (YoY)3.72%-4.55%-7.96%-5.79%-4.04%-776 bps
Loan Growth (YoY)2.77%-8.52%-16.56%-17.08%-19.38%-2,215 bps
Deposit Growth (YoY)-1.59%-3.97%-3.09%2.57%5.54%+713 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.86%4.76%6.18%3.05%4.91%+406 bps
Allowance / Loans2.16%1.77%3.62%3.75%4.19%+203 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 Capital10.02%10.00%7.10%6.16%5.26%-476 bps
Equity / Assets7.59%7.82%4.68%3.91%3.01%-458 bps
Liquidity & Funding
Loans / Deposits99.69%95.51%86.89%82.34%76.16%-2,353 bps
Liquid Assets / Assets0.29%0.00%5.34%9.08%13.84%+1,355 bps
CRE / Total Capitaln/an/an/an/an/an/an/a