Fulton County National Bank and Trust Company, The

McConnellsburg, PA · Cert 7605

FDIC

Q2 2006

$122.6MAssets

$75.6MLoans

$106.9MDeposits

$13.6MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -4.69%, down 458 bps year over year; NIM at 3.33%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.10%.
Funding: loans stand at 70.74% of deposits as of Q2 2006.

Return on Assets (quarter, annualized)

-4.69%-458 bps YoY

Net Interest Margin (quarter, annualized)

3.33%+26 bps YoY

Efficiency Ratio (quarter, annualized)

130.79%+2,122 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q2 2005	Q3 2005	Q4 2005	Q1 2006	Q2 2006	YoY Δ	Trend
Earnings
Return on Assets	-0.11%	-0.26%	-0.49%	0.14%	-4.69%	-458 bps
Return on Equity	-1.03%	-2.35%	-4.59%	1.31%	-43.54%	-4,252 bps
Net Interest Margin	3.08%	3.02%	2.91%	3.01%	3.33%	+26 bps
Efficiency Ratio	109.57%	106.79%	114.31%	100.17%	130.79%	+2,122 bps
Non-Interest Burden	3.42%	3.26%	3.39%	3.02%	4.52%	+111 bps
Growth
Asset Growth (YoY)	-4.85%	-3.17%	-1.89%	-0.92%	-11.32%	-647 bps
Loan Growth (YoY)	-13.91%	-15.03%	-15.55%	-12.95%	-11.62%	+229 bps
Deposit Growth (YoY)	-6.00%	-3.33%	-2.03%	-0.88%	0.64%	+664 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	-0.01%	0.39%	3.50%	-0.17%	-0.10%	-8 bps
Allowance / Loans	2.23%	2.28%	1.70%	1.73%	1.86%	-37 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	19.47%	19.26%	19.27%	18.93%	12.53%	-695 bps
Equity / Assets	11.08%	10.78%	10.63%	10.48%	11.10%	+2 bps
Liquidity & Funding
Loans / Deposits	80.55%	77.66%	74.21%	74.29%	70.74%	-982 bps
Liquid Assets / Assets	0.29%	0.26%	0.48%	1.06%	0.20%	-8 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a