First National Trust Company

Hermitage, PA · Cert 35177

FDIC

Q3 2003

$6.1MAssets

n/aLoans

n/aDeposits

$4.1MEquity

Executive Summary

Return on Assets (quarter, annualized)

21.22%+329 bps YoY

Net Interest Margin (quarter, annualized)

-0.21%-36 bps YoY

Efficiency Ratio (quarter, annualized)

88.99%-227 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2001	Q1 2002	Q2 2002	Q3 2002	Q4 2002	Q1 2003	Q2 2003	Q3 2003	YoY Δ	Trend
Earnings
Return on Assets	13.98%	-18.09%	17.81%	17.92%	23.62%	10.76%	22.80%	21.22%	+329 bps
Return on Equity	16.91%	-23.41%	24.66%	24.70%	31.58%	15.63%	35.99%	32.53%	+783 bps
Net Interest Margin	0.18%	0.00%	0.00%	0.16%	0.27%	-0.35%	-0.15%	-0.21%	-36 bps
Efficiency Ratio	87.59%	105.47%	92.54%	91.26%	86.89%	94.95%	89.50%	88.99%	-227 bps
Non-Interest Burden	-26.22%	19.95%	-31.00%	-28.31%	-41.55%	-19.75%	-39.65%	-35.24%	-692 bps
Growth
Asset Growth (YoY)	160.75%	137.60%	123.78%	125.13%	92.45%	19.87%	18.96%	19.65%	-10,548 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)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
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	95.90%	73.49%	70.31%	74.08%	74.89%	63.38%	62.85%	67.14%	-694 bps
Equity / Assets	83.82%	73.93%	70.68%	74.41%	75.25%	63.64%	63.07%	67.32%	-709 bps
Liquidity & Funding
Loans / Deposits	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
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