First National Trust Company

Hermitage, PA · Cert 35177

FDIC

Q3 2003

$6.1MAssets

n/aLoans

n/aDeposits

$4.1MEquity

Executive Summary

Return on Assets (YTD, annualized)

18.93%+994 bps YoY

Net Interest Margin (YTD, annualized)

-0.21%-26 bps YoY

Efficiency Ratio (YTD, annualized)

91.04%-496 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	18.31%	-18.09%	2.97%	8.99%	13.25%	10.76%	17.35%	18.93%	+994 bps
Return on Equity	n/a	-23.41%	3.99%	12.07%	17.76%	15.63%	26.02%	28.32%	+1,625 bps
Net Interest Margin	0.09%	0.00%	0.00%	0.05%	0.11%	-0.35%	-0.23%	-0.21%	-26 bps
Efficiency Ratio	88.30%	105.47%	98.34%	96.01%	94.01%	94.95%	92.06%	91.04%	-496 bps
Non-Interest Burden	-26.63%	19.95%	-6.18%	-13.07%	-21.64%	-19.75%	-28.33%	-28.89%	-1,583 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