Five Star

Fernandina Bch., FL · Charter 67308

Q1 1999

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 1999, the quarter ended March 31, 1999, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Fernandina Bch., FL · Charter 67308

Q1 1999

$2.7MAssets

$1.7MLoans

$2.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-5.25%-888 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1997	Q3 1997	Q4 1997	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	YoY Δ	Trend
Earnings
Return on Assets	3.64%	4.09%	4.42%	3.64%	3.79%	4.15%	4.15%	-5.25%	-888 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	21.35%	-2.72%	-1.26%	-1.34%	-0.44%	0.86%	5.44%	2.67%	+401 bps
Loan Growth (YoY)	6.70%	31.88%	25.81%	29.04%	0.58%	3.00%	2.29%	-5.09%	-3,413 bps
Share Growth (YoY)	22.11%	-5.24%	-3.36%	-3.35%	-2.23%	-0.84%	4.65%	3.84%	+719 bps
Asset Quality
Delinquent Loans / Loans	1.16%	0.87%	1.24%	0.56%	0.24%	0.21%	0.67%	0.34%	-22 bps
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	2.08%	2.05%	1.99%	2.17%	2.24%	2.15%	2.07%	2.92%	+74 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	72.36%	85.74%	93.86%	82.61%	74.44%	89.07%	91.74%	75.52%	-710 bps
Liquid Assets / Assets	34.66%	24.92%	15.62%	22.24%	30.99%	23.33%	20.39%	31.58%	+934 bps