U.S. Bank Trust National Association

Atlanta, GA · Cert 35225

FDIC

Q4 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q4 2001, the quarter ended December 31, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Atlanta, GA · Cert 35225

FDIC

Q4 2001

$58.8MAssets

n/aLoans

n/aDeposits

$58.2MEquity

Return on Assets (YTD, annualized)

2.72%-59 bps YoY

Net Interest Margin (YTD, annualized)

1.98%

Efficiency Ratio (YTD, annualized)

64.66%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	3.31%	2.62%	2.14%	2.71%	2.72%	-59 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	2.78%	2.52%	2.25%	1.98%	n/a
Efficiency Ratio	n/a	68.26%	73.13%	66.02%	64.66%	n/a
Non-Interest Burden	n/a	-1.19%	-0.76%	-1.93%	-2.18%	n/a
Growth
Asset Growth (YoY)	3.88%	4.68%	3.49%	3.63%	2.13%	-175 bps
Loan Growth (YoY)	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
Asset Quality
Nonperforming Loans / Loans	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
Allowance / Loans	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
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	n/a	478%	464%	470%	453%	n/a
Equity / Assets	n/a	98.26%	98.76%	98.91%	99.04%	n/a
Liquidity & Funding
Loans / Deposits	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquid Assets / Assets	0.00%	45.09%	45.00%	46.18%	47.53%	+4,753 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a