Evergreen Bank, National Association

Glens Falls, NY · Cert 7073

FDIC

Q4 2001

$1.3BAssets

$875.1MLoans

$1.0BDeposits

$93.5MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 1.16%, up 41 bps year over year; NIM at 3.93%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.15%.
Funding: loans stand at 86.33% of deposits as of Q4 2001.

Return on Assets (quarter, annualized)

1.16%+41 bps YoY

Net Interest Margin (quarter, annualized)

3.93%

Efficiency Ratio (quarter, annualized)

63.85%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.57%	0.64%	0.76%	0.76%	1.19%	0.57%	1.17%	1.16%	+41 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	9.22%	17.93%	16.40%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.33%	3.51%	3.69%	3.93%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	65.21%	58.15%	53.89%	63.85%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	2.03%	1.85%	1.75%	2.40%	n/a
Growth
Asset Growth (YoY)	8.68%	13.86%	15.24%	6.93%	13.14%	7.87%	4.11%	-0.59%	-752 bps
Loan Growth (YoY)	10.89%	17.50%	15.18%	13.71%	10.58%	7.59%	6.20%	3.27%	-1,044 bps
Deposit Growth (YoY)	-0.58%	-0.17%	1.34%	2.22%	9.74%	8.80%	3.80%	2.42%	+20 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	0.21%	0.74%	0.22%	0.15%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	0.88%	1.00%	1.04%	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	10.23%	10.29%	10.52%	10.86%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	6.14%	6.23%	6.81%	7.42%	n/a
Liquidity & Funding
Loans / Deposits	78.18%	83.72%	81.72%	85.62%	78.78%	82.78%	83.62%	86.33%	+71 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a