Family Security Bank

Brookings, OR · Cert 34706

FDIC

Q3 2001

$34.2MAssets

$22.9MLoans

$30.3MDeposits

$2.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.27%, up 46 bps year over year; NIM at 4.91%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.24%.
Funding: loans stand at 75.62% of deposits as of Q3 2001.

Return on Assets (quarter, annualized)

1.27%+46 bps YoY

Net Interest Margin (quarter, annualized)

4.91%

Efficiency Ratio (quarter, annualized)

60.11%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	0.68%	0.66%	0.75%	0.81%	0.92%	1.05%	1.27%	1.27%	+46 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	15.88%	15.77%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.45%	4.60%	4.91%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	69.56%	65.94%	60.11%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.73%	2.47%	2.42%	n/a
Growth
Asset Growth (YoY)	13.24%	16.98%	12.57%	14.47%	13.86%	13.46%	21.05%	14.98%	+51 bps
Loan Growth (YoY)	51.66%	52.81%	53.26%	36.19%	25.10%	29.93%	38.50%	43.47%	+728 bps
Deposit Growth (YoY)	6.83%	12.26%	10.91%	18.05%	14.95%	11.38%	17.66%	15.17%	-288 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	-0.13%	0.00%	0.24%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.23%	1.16%	1.20%	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	11.69%	11.04%	10.88%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.10%	7.91%	8.17%	n/a
Liquidity & Funding
Loans / Deposits	60.31%	58.78%	62.05%	60.70%	65.64%	68.57%	73.05%	75.62%	+1,492 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.00%	0.58%	+58 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a