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Ontario National Bank

Clifton Springs, NY · Cert 7005

FDIC

Q3 2006

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: Q3 2006, the quarter ended September 30, 2006, on both parts.

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

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Ontario National Bank

Clifton Springs, NY · Cert 7005

FDIC

Q3 2006

$93.2MAssets
$59.4MLoans
$80.5MDeposits
$9.4MEquity
Loan mix
88%RE $38.3M11%C&I $5.0M0%Consumer $0.2MQ3 2005Q3 2006
Deposit mix
83%Interest-bearing $66.7M17%Noninterest $13.9MQ3 2005Q3 2006

NIM

5.13%Q3 ’045.65%Q3 ’056.06%Q3 ’06+8%+1%

Non-interest income vs. expense

3.58%Q3 ’043.64%Q3 ’054.07%Q3 ’06-5%+17%

Executive Summary

  • Earnings: ROA of 0.69%, down 14 bps year over year; NIM at 4.24%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.31%.
  • Funding: loans stand at 73.73% of deposits as of Q3 2006.

Financial Results

Return on Assets (YTD, annualized)

0.69%-14 bps YoY

Net Interest Margin (YTD, annualized)

4.24%+5 bps YoY

Efficiency Ratio (YTD, annualized)

80.41%+859 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2005Q4 2005Q1 2006Q2 2006Q3 2006YoY ΔTrend
Earnings
Return on Assets0.83%0.79%0.84%0.85%0.69%-14 bps
Return on Equity9.36%8.75%8.60%8.67%6.94%-242 bps
Net Interest Margin4.19%4.28%4.36%4.33%4.24%+5 bps
Efficiency Ratio71.82%73.42%75.25%75.15%80.41%+859 bps
Non-Interest Burden2.77%2.90%3.08%3.04%3.25%+48 bps
Growth
Asset Growth (YoY)-2.61%-3.51%-6.02%-3.16%-4.85%-224 bps
Loan Growth (YoY)-1.62%-7.68%-12.68%-15.74%-17.10%-1,549 bps
Deposit Growth (YoY)-2.93%-1.22%-0.63%2.92%0.97%+390 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.28%0.22%0.23%0.48%0.31%+3 bps
Allowance / Loans0.90%1.00%1.12%1.00%1.01%+11 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital14.13%15.01%15.88%16.22%16.54%+241 bps
Equity / Assets9.23%9.71%9.90%9.78%10.12%+88 bps
Liquidity & Funding
Loans / Deposits89.80%85.96%76.74%72.22%73.73%-1,608 bps
Liquid Assets / Assets0.10%0.11%0.11%0.10%0.10%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a