Century South Bank of Fannin County, N.A.

Blue Ridge, GA · Cert 4927

FDIC

Q3 2001

$88.6MAssets

$42.0MLoans

$79.6MDeposits

$8.4MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.62%, down 52 bps year over year; NIM at 3.66%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.55%.
Funding: loans stand at 52.80% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

0.62%-52 bps YoY

Net Interest Margin (YTD, annualized)

3.66%

Efficiency Ratio (YTD, annualized)

72.26%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	1.39%	1.49%	1.53%	1.15%	0.82%	1.06%	0.57%	0.62%	-52 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	3.80%	3.66%	3.66%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	58.95%	71.95%	72.26%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	1.92%	2.49%	2.47%	n/a
Growth
Asset Growth (YoY)	8.33%	7.32%	7.71%	21.03%	18.03%	16.38%	8.16%	-5.83%	-2,686 bps
Loan Growth (YoY)	8.46%	7.38%	7.41%	1.86%	-3.47%	-6.51%	-14.49%	-16.58%	-1,845 bps
Deposit Growth (YoY)	9.26%	8.25%	7.45%	3.47%	8.09%	9.01%	9.20%	10.58%	+711 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	0.83%	0.69%	0.55%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.99%	2.26%	2.82%	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	16.13%	16.55%	18.56%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.65%	9.15%	9.52%	n/a
Liquidity & Funding
Loans / Deposits	70.90%	70.25%	72.51%	69.99%	63.32%	60.25%	56.78%	52.80%	-1,719 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	12.65%	0.18%	0.17%	+17 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a