South Branch Valley National Bank of Moorefield, The

Moorefield, WV · Cert 6780

FDIC

Q4 2001

$188.2MAssets

$142.7MLoans

$115.6MDeposits

$12.8MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.40%, up 12 bps year over year; NIM at 3.71%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.05%.
Funding: loans stand at 123.45% of deposits as of Q4 2001.

Return on Assets (YTD, annualized)

1.40%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.71%

Efficiency Ratio (YTD, annualized)

47.06%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	1.28%	1.40%	1.28%	1.28%	1.16%	1.27%	1.32%	1.40%	+12 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	3.74%	3.79%	3.78%	3.71%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	52.21%	50.72%	49.58%	47.06%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	1.81%	1.77%	1.73%	1.59%	n/a
Growth
Asset Growth (YoY)	8.27%	1.65%	5.69%	2.30%	2.30%	7.02%	9.86%	15.59%	+1,328 bps
Loan Growth (YoY)	8.95%	0.34%	6.09%	5.51%	5.63%	8.55%	8.73%	10.65%	+514 bps
Deposit Growth (YoY)	0.75%	-6.08%	-8.42%	-4.00%	-2.40%	5.37%	10.78%	11.69%	+1,570 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	0.19%	0.10%	0.08%	0.05%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	0.97%	1.03%	1.01%	1.02%	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	10.89%	10.84%	10.65%	10.37%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	7.39%	7.27%	7.34%	6.81%	n/a
Liquidity & Funding
Loans / Deposits	113.34%	117.18%	123.97%	124.62%	122.66%	120.72%	121.68%	123.45%	-117 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.05%	0.33%	0.02%	0.39%	+39 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a