First National Bank of Herminie

Herminie, PA · Cert 7894

FDIC

Q2 2001

$304.5MAssets

$171.7MLoans

$249.2MDeposits

$29.7MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 0.53%, down 35 bps year over year; NIM at 3.04%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.03%.
Funding: loans stand at 68.90% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

0.53%-35 bps YoY

Net Interest Margin (YTD, annualized)

3.04%

Efficiency Ratio (YTD, annualized)

80.29%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	0.89%	0.92%	0.85%	0.88%	0.83%	0.73%	0.61%	0.53%	-35 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	n/a	3.16%	3.04%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	77.03%	80.29%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.31%	2.33%	n/a
Growth
Asset Growth (YoY)	9.20%	10.36%	7.00%	9.24%	4.85%	9.58%	11.33%	8.83%	-41 bps
Loan Growth (YoY)	11.44%	17.15%	20.28%	21.50%	16.86%	10.96%	5.93%	-1.75%	-2,325 bps
Deposit Growth (YoY)	6.35%	4.93%	4.98%	8.79%	10.79%	11.30%	10.01%	6.09%	-271 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	n/a	0.02%	0.03%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	1.24%	1.30%	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	n/a	15.54%	15.56%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	9.81%	9.77%	n/a
Liquidity & Funding
Loans / Deposits	70.06%	73.07%	74.69%	74.40%	73.90%	72.84%	71.92%	68.90%	-549 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.96%	1.82%	+182 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a