Pyramis Global Advisors Trust Company

Merrimack, NH · Cert 58384

FDIC

Q1 2011

$83.7MAssets

n/aLoans

n/aDeposits

$50.1MEquity

Deposit mix

Executive Summary

Return on Assets (YTD, annualized)

-4.30%+5,440 bps YoY

Net Interest Margin (YTD, annualized)

0.00%+185 bps YoY

Efficiency Ratio (YTD, annualized)

101.34%-2,430 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 2009	Q3 2009	Q4 2009	Q1 2010	Q2 2010	Q3 2010	Q4 2010	Q1 2011	YoY Δ	Trend
Earnings
Return on Assets	-25.95%	-28.24%	-32.59%	-58.70%	-36.99%	-33.73%	-39.78%	-4.30%	+5,440 bps
Return on Equity	-80.53%	-85.78%	-97.12%	-172.84%	-102.46%	-93.55%	-97.26%	-6.78%	+16,607 bps
Net Interest Margin	-0.71%	-0.71%	-1.38%	-1.85%	-1.63%	-1.43%	-1.58%	0.00%	+185 bps
Efficiency Ratio	119.88%	118.41%	119.32%	125.64%	116.09%	114.26%	115.68%	101.34%	-2,430 bps
Non-Interest Burden	23.92%	23.64%	46.64%	64.22%	40.62%	34.87%	49.48%	4.26%	-5,995 bps
Growth
Asset Growth (YoY)	31.86%	-25.04%	-42.03%	-41.74%	-56.03%	-35.01%	-31.58%	-19.70%	+2,204 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-100.00%	-100.00%	-10,000 bps
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	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	49.75%	60.89%	52.47%	40.63%	55.73%	48.28%	80.96%	75.08%	+3,445 bps
Equity / Assets	22.44%	35.74%	37.85%	29.83%	40.62%	35.88%	67.39%	59.88%	+3,005 bps
Liquidity & Funding
Loans / Deposits	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	n/a	n/a	n/a
Liquid Assets / Assets	0.00%	0.00%	0.46%	0.14%	0.00%	31.38%	0.00%	0.00%	-14 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a