Citizens Bank and Trust Company of Grayson County, The

Leitchfield, KY · Cert 8115

FDIC

Q2 2001

$76.2MAssets

$47.5MLoans

$64.3MDeposits

$10.7MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of 2.59%, down 53 bps year over year; NIM at 4.28%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.03%.
Funding: loans stand at 73.90% of deposits as of Q2 2001.

Return on Assets (quarter, annualized)

2.59%-53 bps YoY

Net Interest Margin (quarter, annualized)

4.28%

Efficiency Ratio (quarter, annualized)

47.86%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	2.43%	2.62%	2.94%	3.12%	3.24%	3.23%	2.85%	2.59%	-53 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	18.38%	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	4.92%	4.28%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	48.03%	47.86%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	2.03%	1.71%	n/a
Growth
Asset Growth (YoY)	9.22%	-1.76%	3.91%	-1.65%	4.11%	13.73%	9.19%	7.78%	+943 bps
Loan Growth (YoY)	12.57%	6.91%	7.34%	0.39%	4.29%	5.19%	7.77%	11.30%	+1,091 bps
Deposit Growth (YoY)	9.29%	-4.03%	3.77%	1.78%	5.02%	15.86%	9.79%	8.25%	+646 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	1.97%	1.86%	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	24.93%	23.41%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	14.12%	14.02%	n/a
Liquidity & Funding
Loans / Deposits	69.54%	73.47%	68.94%	71.87%	69.06%	66.71%	67.67%	73.90%	+203 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