First National Bank and Trust Company, The

Athens, TN · Cert 4916

FDIC

Q2 2001

$225.7MAssets

$102.3MLoans

$178.6MDeposits

$40.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.42%, down 64 bps year over year; NIM at 3.21%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.04%.
Funding: loans stand at 57.32% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

0.42%-64 bps YoY

Net Interest Margin (YTD, annualized)

3.21%

Efficiency Ratio (YTD, annualized)

82.24%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	1.24%	1.23%	1.09%	1.06%	1.12%	0.00%	0.75%	0.42%	-64 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	3.45%	3.21%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	67.55%	82.24%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.17%	2.53%	n/a
Growth
Asset Growth (YoY)	1.21%	-0.18%	2.20%	5.01%	3.61%	10.64%	13.52%	12.12%	+711 bps
Loan Growth (YoY)	2.09%	7.33%	6.10%	11.27%	7.17%	1.02%	3.24%	-18.70%	-2,997 bps
Deposit Growth (YoY)	0.64%	-1.55%	1.94%	4.65%	2.54%	1.32%	5.53%	4.70%	+6 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	-0.34%	-0.04%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	2.11%	2.86%	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	18.35%	21.18%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	18.04%	18.06%	n/a
Liquidity & Funding
Loans / Deposits	73.69%	75.03%	71.92%	73.81%	77.02%	74.81%	70.36%	57.32%	-1,650 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.98%	1.75%	+175 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a