First National Bank

Bowbells, ND · Cert 3903

FDIC

Q1 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: Q1 2001, the quarter ended March 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.

Bowbells, ND · Cert 3903

FDIC

Q1 2001

$41.9MAssets

$20.6MLoans

$37.3MDeposits

$3.9MEquity

Loan mix

Deposit mix

Earnings: ROA of 0.45%, down 17 bps year over year; NIM at 3.35%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.54%.
Funding: loans stand at 55.05% of deposits as of Q1 2001.

Return on Assets (YTD, annualized)

0.45%-17 bps YoY

Net Interest Margin (YTD, annualized)

3.35%

n/a

Efficiency Ratio (YTD, annualized)

81.80%

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1999	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	YoY Δ	Trend
Earnings
Return on Assets	0.74%	0.70%	0.78%	0.62%	0.77%	0.71%	0.68%	0.45%	-17 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	3.35%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	81.80%	n/a	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.64%	n/a	n/a
Growth
Asset Growth (YoY)	12.46%	7.59%	2.64%	-0.84%	-1.76%	-3.07%	1.46%	6.52%	+737 bps
Loan Growth (YoY)	8.63%	12.27%	2.62%	7.22%	6.30%	3.14%	2.13%	7.52%	+30 bps
Deposit Growth (YoY)	13.32%	8.57%	2.79%	-1.06%	-4.20%	-4.78%	0.23%	6.90%	+796 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.54%	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.44%	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	n/a	n/a	n/a	n/a	n/a	n/a	n/a	17.34%	n/a	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	9.40%	n/a	n/a
Liquidity & Funding
Loans / Deposits	56.74%	59.57%	56.84%	54.73%	62.95%	64.52%	57.92%	55.05%	+32 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.79%	+179 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a