Central National Bank, Canajoharie

Canajoharie, NY · Cert 6984

FDIC

Q3 2001

$976.4MAssets

$553.3MLoans

$853.9MDeposits

$78.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.16%, down 87 bps year over year; NIM at 3.34%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.71%.
Funding: loans stand at 64.79% of deposits as of Q3 2001.

Return on Assets (YTD, annualized)

0.16%-87 bps YoY

Net Interest Margin (YTD, annualized)

3.34%

Efficiency Ratio (YTD, annualized)

76.35%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	YoY Δ	Trend
Earnings
Return on Assets	0.87%	1.09%	1.03%	1.03%	0.90%	0.98%	0.97%	0.16%	-87 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	3.39%	3.35%	3.34%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	66.37%	65.13%	76.35%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	2.09%	2.02%	2.45%	n/a
Growth
Asset Growth (YoY)	28.57%	30.39%	26.74%	9.67%	4.12%	3.12%	5.21%	4.15%	-551 bps
Loan Growth (YoY)	20.58%	24.04%	23.63%	23.04%	16.90%	13.53%	11.90%	7.86%	-1,517 bps
Deposit Growth (YoY)	26.89%	30.24%	30.37%	3.11%	0.38%	1.62%	6.01%	8.70%	+559 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	0.10%	0.12%	0.71%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.56%	1.54%	1.63%	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	10.58%	10.54%	10.01%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	8.39%	8.36%	8.04%	n/a
Liquidity & Funding
Loans / Deposits	56.33%	57.31%	61.65%	65.30%	65.60%	64.04%	65.08%	64.79%	-50 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.20%	0.26%	0.20%	+20 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a