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First National Bank

Chicago Heights, IL · Cert 3634

FDIC

Q4 2006

$466.8MAssets
$386.7MLoans
$406.1MDeposits
$36.3MEquity
Loan mix
66%RE $46.8M34%C&I $24.3M0%Consumer $0.3MQ4 2005Q4 2006
Deposit mix
94%Interest-bearing $380.6M6%Noninterest $25.6MQ4 2005Q4 2006

NIM

5.66%Q4 ’046.32%Q4 ’057.20%Q4 ’06-6%+7%

Non-interest income vs. expense

2.24%Q4 ’042.63%Q4 ’052.74%Q4 ’06+49%-10%

Executive Summary

  • Earnings: ROA of 3.20%, up 190 bps year over year; NIM at 4.20%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 1.33%.
  • Funding: loans stand at 95.21% of deposits as of Q4 2006.

Financial Results

Return on Assets (quarter, annualized)

3.20%+190 bps YoY

Net Interest Margin (quarter, annualized)

4.20%+26 bps YoY

Efficiency Ratio (quarter, annualized)

56.52%-553 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ4 2005Q1 2006Q2 2006Q3 2006Q4 2006YoY ΔTrend
Earnings
Return on Assets1.30%1.39%1.42%1.97%3.20%+190 bps
Return on Equity19.14%19.51%19.31%26.35%42.53%+2,339 bps
Net Interest Margin3.94%3.82%3.81%4.00%4.20%+26 bps
Efficiency Ratio62.05%64.15%63.85%57.07%56.52%-553 bps
Non-Interest Burden2.34%2.28%2.25%1.96%2.10%-24 bps
Growth
Asset Growth (YoY)12.30%14.67%5.09%3.43%-5.78%-1,809 bps
Loan Growth (YoY)9.13%9.36%6.65%-0.65%-4.89%-1,402 bps
Deposit Growth (YoY)11.99%13.68%1.51%1.09%-8.85%-2,085 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.19%0.17%0.11%0.20%-1.33%-153 bps
Allowance / Loans1.00%1.00%1.02%1.03%1.00%0 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 Capital11.25%11.22%11.47%11.55%11.51%+27 bps
Equity / Assets7.16%7.07%7.64%7.30%7.77%+61 bps
Liquidity & Funding
Loans / Deposits91.25%89.06%95.17%86.29%95.21%+396 bps
Liquid Assets / Assets0.26%0.33%0.29%0.35%0.37%+11 bps
CRE / Total Capitaln/an/an/an/an/an/an/a