Talbots Classics National Bank

Lincoln, RI · Cert 35485

FDIC

Q2 2012

$8.5MAssets

n/aLoans

$5.5MDeposits

$2.6MEquity

Deposit mix

Executive Summary

Return on Assets (YTD, annualized)

-0.12%-150 bps YoY

Net Interest Margin (YTD, annualized)

0.21%+41 bps YoY

Efficiency Ratio (YTD, annualized)

102.60%+1,098 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2010	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	YoY Δ	Trend
Earnings
Return on Assets	4.96%	3.72%	2.54%	1.38%	-0.47%	0.79%	-0.05%	-0.12%	-150 bps
Return on Equity	14.15%	10.46%	6.81%	3.83%	-1.34%	2.34%	-0.15%	-0.38%	-422 bps
Net Interest Margin	0.09%	0.05%	-0.39%	-0.19%	-0.18%	-0.18%	0.57%	0.21%	+41 bps
Efficiency Ratio	80.62%	85.99%	99.22%	91.62%	99.53%	97.39%	108.75%	102.60%	+1,098 bps
Non-Interest Burden	-7.87%	-6.21%	-0.70%	-3.47%	-0.38%	-1.42%	4.83%	1.42%	+489 bps
Growth
Asset Growth (YoY)	-3.32%	4.19%	6.64%	-20.61%	-29.46%	-18.93%	-24.21%	-29.84%	-923 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)	-31.25%	0.00%	0.00%	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	113.76%	91.99%	159.31%	152.87%	125.61%	131.58%	130.08%	137.08%	-1,579 bps
Equity / Assets	36.74%	37.72%	36.76%	33.80%	29.44%	30.10%	30.84%	30.51%	-329 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