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NCW Community Bank

Wenatchee, WA · Cert 35336

FDIC

Q3 2007

$98.7MAssets
$90.8MLoans
$88.4MDeposits
$9.6MEquity
Loan mix
79%RE $63.3M21%C&I $17.0M0%Consumer $0.3MQ3 2006Q3 2007
Deposit mix
90%Interest-bearing $79.2M10%Noninterest $9.2MQ3 2006Q3 2007

NIM

5.90%Q3 ’057.27%Q3 ’067.73%Q3 ’07+16%-4%

Non-interest income vs. expense

2.92%Q3 ’053.18%Q3 ’063.06%Q3 ’07+10%-5%

Executive Summary

  • Earnings: ROA of 1.11%, up 6 bps year over year; NIM at 4.64%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
  • Funding: loans stand at 102.66% of deposits as of Q3 2007.

Financial Results

Return on Assets (YTD, annualized)

1.11%+6 bps YoY

Net Interest Margin (YTD, annualized)

4.64%-19 bps YoY

Efficiency Ratio (YTD, annualized)

63.10%-47 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2006Q4 2006Q1 2007Q2 2007Q3 2007YoY ΔTrend
Earnings
Return on Assets1.05%1.02%1.16%1.09%1.11%+6 bps
Return on Equity11.16%11.01%12.31%11.71%11.77%+61 bps
Net Interest Margin4.83%4.54%5.09%4.93%4.64%-19 bps
Efficiency Ratio63.57%64.21%60.41%62.40%63.10%-47 bps
Non-Interest Burden3.01%2.86%3.00%3.00%2.85%-16 bps
Growth
Asset Growth (YoY)9.02%15.57%12.81%22.10%16.18%+716 bps
Loan Growth (YoY)19.93%21.06%25.48%27.50%20.07%+14 bps
Deposit Growth (YoY)7.94%16.07%8.86%22.70%16.70%+876 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Allowance / Loans1.48%1.49%1.51%1.45%1.45%-3 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.64%11.25%11.42%11.04%11.33%-31 bps
Equity / Assets9.78%8.92%9.90%9.12%9.75%-3 bps
Liquidity & Funding
Loans / Deposits99.77%89.98%105.82%97.78%102.66%+289 bps
Liquid Assets / Assets5.05%4.61%4.18%3.66%3.24%-182 bps
CRE / Total Capitaln/an/an/an/an/an/an/a