Granite National Bank

Bowling Green, OH · Cert 34779

FDIC

Q3 2003

$4.1MAssets

n/aLoans

$500KDeposits

$3.6MEquity

Deposit mix

Executive Summary

Return on Assets (YTD, annualized)

11.73%-262 bps YoY

Net Interest Margin (YTD, annualized)

0.59%-42 bps YoY

Efficiency Ratio (YTD, annualized)

74.94%+44 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2001	Q1 2002	Q2 2002	Q3 2002	Q4 2002	Q1 2003	Q2 2003	Q3 2003	YoY Δ	Trend
Earnings
Return on Assets	32.42%	12.17%	14.58%	14.34%	17.48%	8.09%	12.63%	11.73%	-262 bps
Return on Equity	n/a	14.64%	17.32%	17.17%	21.13%	11.06%	16.65%	14.94%	-223 bps
Net Interest Margin	2.38%	0.89%	0.91%	1.01%	1.05%	0.66%	0.63%	0.59%	-42 bps
Efficiency Ratio	60.55%	76.21%	72.27%	74.50%	70.99%	78.62%	72.98%	74.94%	+44 bps
Non-Interest Burden	-41.25%	-18.84%	-21.62%	-21.39%	-29.08%	-12.43%	-20.40%	-19.06%	+233 bps
Growth
Asset Growth (YoY)	46.80%	44.50%	38.47%	-3.92%	-8.23%	-12.69%	-27.54%	-11.59%	-766 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	400%	400%	400%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	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	81.65%	84.78%	86.15%	778%	489%	797%	812%	4816%	+403,760 bps
Equity / Assets	81.59%	84.69%	86.07%	81.34%	79.36%	66.65%	82.37%	87.84%	+650 bps
Liquidity & Funding
Loans / Deposits	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 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