First State Bank of Nebraska

Nebraska City, NE · Cert 57042

FDIC

Q3 2002

$4.1MAssets

$1.7MLoans

$2.2MDeposits

$1.9MEquity

Deposit mix

NIM

Earnings: ROA of 0.19%, down 10 bps year over year; NIM at 4.71%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 80.02% of deposits as of Q3 2002.

Return on Assets (quarter, annualized)

0.19%¹-10 bps YoY

Net Interest Margin (quarter, annualized)

4.71%+2 bps YoY

Efficiency Ratio (quarter, annualized)

119.61%+1,144 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 2001	Q4 2001	Q1 2002	Q2 2002	Q3 2002	YoY Δ	Trend
Earnings
Return on Assets	0.29%	-3.11%	-2.34%	-0.19%	0.19%¹	-10 bps
Return on Equity	0.62%	-7.13%	-5.34%	-0.43%	0.43%	-20 bps
Net Interest Margin	4.69%	4.20%	5.38%	5.99%	4.71%	+2 bps
Efficiency Ratio	108.16%	126.09%	143.86%	103.13%	119.61%	+1,144 bps
Non-Interest Burden	5.07%	5.34%	7.78%	6.18%	5.69%	+61 bps
Growth
Asset Growth (YoY)	n/a	66.59%	1.10%	7.32%	-4.36%	n/a
Loan Growth (YoY)	n/a	53.96%	-17.86%	-0.57%	-37.72%	n/a
Deposit Growth (YoY)	n/a	258%	-1.60%	-6.46%	-6.56%	n/a
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	5.35%	9.15%	0.00%	0.00%	0.00%	-535 bps
Allowance / Loans	1.01%	0.94%	1.04%	0.89%	1.63%	+61 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	63.18%	57.86%	71.94%	63.57%	88.83%	+2,565 bps
Equity / Assets	45.30%	41.88%	46.08%	41.88%	45.91%	+61 bps
Liquidity & Funding
Loans / Deposits	120.06%	114.17%	136.69%	151.25%	80.02%	-4,004 bps
Liquid Assets / Assets	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