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Northwest Bank & Trust

Acworth, GA · Cert 57658

FDIC

Q2 2010

$160.8MAssets
$93.0MLoans
$155.5MDeposits
$1.1MEquity
Loan mix
85%RE $47.5M15%C&I $8.1M0%Consumer $0.0MQ2 2009Q2 2010
Deposit mix
93%Interest-bearing $145.3M7%Noninterest $10.2MQ2 2009Q2 2010

NIM

6.17%Q2 ’084.23%Q2 ’093.88%Q2 ’10-44%+11%

Non-interest income vs. expense

2.86%Q2 ’082.56%Q2 ’093.19%Q2 ’10-5%+40%

Executive Summary

  • Earnings: ROA of -6.92%, down 574 bps year over year; NIM at 1.83%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 25.52%.
  • Funding: loans stand at 59.82% of deposits as of Q2 2010.

Financial Results

Return on Assets (quarter, annualized)

-6.92%-574 bps YoY

Net Interest Margin (quarter, annualized)

1.83%+18 bps YoY

Efficiency Ratio (quarter, annualized)

172.28%+4,050 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ2 2009Q3 2009Q4 2009Q1 2010Q2 2010YoY ΔTrend
Earnings
Return on Assets-1.18%-12.70%-4.10%-4.62%-6.92%-574 bps
Return on Equity-14.46%-212%-109.55%-171.41%-468%-45,310 bps
Net Interest Margin1.66%1.28%1.45%1.82%1.83%+18 bps
Efficiency Ratio131.78%200%158.40%137.93%172.28%+4,050 bps
Non-Interest Burden2.27%2.47%2.39%2.57%3.17%+90 bps
Growth
Asset Growth (YoY)19.09%5.98%13.93%6.59%-2.33%-2,141 bps
Loan Growth (YoY)3.32%-7.38%-8.63%-9.03%-20.12%-2,344 bps
Deposit Growth (YoY)21.85%10.23%20.16%11.48%3.38%-1,847 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans2.29%12.77%0.46%2.32%25.52%+2,324 bps
Allowance / Loans1.43%2.84%2.95%4.00%0.61%-81 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital10.64%6.49%6.21%4.54%1.42%-922 bps
Equity / Assets7.76%4.34%3.15%2.22%0.71%-705 bps
Liquidity & Funding
Loans / Deposits77.42%68.72%64.68%66.05%59.82%-1,760 bps
Liquid Assets / Assets3.95%22.22%24.04%21.13%22.67%+1,872 bps
CRE / Total Capitaln/an/an/an/an/an/an/a