First National Bank of Slippery Rock, The

Slippery Rock, PA · Cert 7972

FDIC

Q3 2004

$332.2MAssets

$189.9MLoans

$263.0MDeposits

$28.7MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -0.44%, down 125 bps year over year; NIM at 2.96%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.89%.
Funding: loans stand at 72.22% of deposits as of Q3 2004.

Return on Assets (YTD, annualized)

-0.44%-125 bps YoY

Net Interest Margin (YTD, annualized)

2.96%-33 bps YoY

Efficiency Ratio (YTD, annualized)

91.31%+2,405 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2003	Q4 2003	Q1 2004	Q2 2004	Q3 2004	YoY Δ	Trend
Earnings
Return on Assets	0.81%	0.74%	0.39%	-0.55%	-0.44%	-125 bps
Return on Equity	8.67%	7.93%	4.15%	-6.01%	-4.89%	-1,356 bps
Net Interest Margin	3.28%	3.33%	3.04%	2.99%	2.96%	-33 bps
Efficiency Ratio	67.26%	68.46%	83.99%	84.29%	91.31%	+2,405 bps
Non-Interest Burden	1.85%	1.93%	2.40%	2.38%	2.63%	+78 bps
Growth
Asset Growth (YoY)	-0.93%	-0.75%	-1.10%	-3.84%	-3.63%	-269 bps
Loan Growth (YoY)	-3.91%	-10.44%	-9.94%	-9.14%	-16.33%	-1,242 bps
Deposit Growth (YoY)	-3.25%	-1.57%	-1.16%	-3.55%	-4.59%	-134 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.44%	0.73%	0.24%	0.20%	0.89%	+45 bps
Allowance / Loans	1.52%	1.48%	1.56%	2.76%	2.42%	+90 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	14.72%	15.32%	15.69%	15.06%	15.43%	+71 bps
Equity / Assets	9.10%	9.32%	9.39%	8.67%	8.63%	-47 bps
Liquidity & Funding
Loans / Deposits	82.36%	78.29%	75.78%	75.59%	72.22%	-1,014 bps
Liquid Assets / Assets	0.16%	0.18%	0.17%	0.10%	0.10%	-6 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a