American Security Bank & Trust Company

Hendersonville, TN · Cert 57636

FDIC

Q2 2012

$165.9MAssets

$104.5MLoans

$144.7MDeposits

$18.1MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -2.22%, down 186 bps year over year; NIM at 2.54%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.02%.
Funding: loans stand at 72.23% of deposits as of Q2 2012.

Return on Assets (quarter, annualized)

-2.22%-186 bps YoY

Net Interest Margin (quarter, annualized)

2.54%-22 bps YoY

Efficiency Ratio (quarter, annualized)

183.12%+7,478 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	YoY Δ	Trend
Earnings
Return on Assets	-0.36%	0.00%¹	0.13%	0.06%	-2.22%	-186 bps
Return on Equity	-3.13%	0.02%	1.12%	0.50%	-19.90%	-1,678 bps
Net Interest Margin	2.76%	2.81%	2.89%	2.80%	2.54%	-22 bps
Efficiency Ratio	108.34%	97.95%	103.23%	100.00%	183.12%	+7,478 bps
Non-Interest Burden	3.00%	2.76%	2.98%	2.80%	4.73%	+173 bps
Growth
Asset Growth (YoY)	-4.64%	-5.46%	-2.53%	-0.72%	3.34%	+799 bps
Loan Growth (YoY)	-14.23%	-5.40%	-5.75%	2.97%	-1.10%	+1,313 bps
Deposit Growth (YoY)	3.35%	1.66%	0.83%	-0.91%	4.08%	+72 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	1.10%	0.33%	-0.21%	-0.07%	-0.02%	-111 bps
Allowance / Loans	1.62%	1.60%	1.58%	1.58%	1.64%	+2 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	17.26%	16.78%	17.01%	16.94%	16.72%	-54 bps
Equity / Assets	11.98%	11.45%	11.20%	11.44%	10.88%	-110 bps
Liquidity & Funding
Loans / Deposits	76.01%	75.65%	73.63%	74.24%	72.23%	-378 bps
Liquid Assets / Assets	1.34%	6.02%	7.44%	7.07%	8.64%	+730 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a