1st Commonwealth Bank of Virginia

Arlington, VA · Cert 58773

FDIC

Q3 2012

$59.4MAssets

$47.9MLoans

$54.4MDeposits

$2.6MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -5.47%, down 178 bps year over year; NIM at 3.18%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 87.98% of deposits as of Q3 2012.

Return on Assets (quarter, annualized)

-5.47%-178 bps YoY

Net Interest Margin (quarter, annualized)

3.18%

Efficiency Ratio (quarter, annualized)

204%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	-3.31%	-4.81%	-4.38%	-3.69%	-3.27%	-1.46%	-2.80%	-5.47%	-178 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	-44.56%	-106.21%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	2.76%	2.48%	3.18%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	118.94%	145.60%	204%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	4.10%	5.21%	8.48%	n/a
Growth
Asset Growth (YoY)	-15.54%	-19.92%	-25.68%	-11.13%	-0.81%	12.50%	15.68%	15.46%	+2,659 bps
Loan Growth (YoY)	34.52%	-29.48%	-10.16%	73.18%	56.93%	67.29%	13.49%	6.76%	-6,642 bps
Deposit Growth (YoY)	-13.63%	-18.17%	-23.22%	-15.73%	-5.32%	13.35%	15.31%	26.54%	+4,227 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	0.00%	0.00%	0.00%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	0.75%	0.79%	0.86%	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	12.39%	11.67%	9.52%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	6.61%	5.96%	4.37%	n/a
Liquidity & Funding
Loans / Deposits	65.91%	66.05%	95.61%	104.28%	109.25%	97.47%	94.10%	87.98%	-1,630 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	5.30%	7.02%	12.09%	+1,209 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a