Bank of Adairsville

Adairsville, GA · Cert 866

FDIC

Q1 2001

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q1 2001, the quarter ended March 31, 2001, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Adairsville, GA · Cert 866

FDIC

Q1 2001

$80.3MAssets

$57.1MLoans

$61.8MDeposits

$6.6MEquity

Loan mix

Deposit mix

Earnings: ROA of 0.90%, up 47 bps year over year; NIM at 3.63%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.21%.
Funding: loans stand at 92.39% of deposits as of Q1 2001.

Return on Assets (YTD, annualized)

0.90%+47 bps YoY

Net Interest Margin (YTD, annualized)

3.63%

n/a

Efficiency Ratio (YTD, annualized)

66.43%

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1999	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	YoY Δ	Trend
Earnings
Return on Assets	-1.24%	-0.34%	0.09%	0.43%	0.49%	0.18%	0.45%	0.90%	+47 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	n/a	3.63%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	66.43%	n/a	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.27%	n/a	n/a
Growth
Asset Growth (YoY)	28.24%	77.05%	120.38%	123.87%	65.54%	19.15%	4.26%	0.28%	-12,359 bps
Loan Growth (YoY)	10.76%	87.43%	162.29%	215%	81.76%	25.67%	38.13%	28.68%	-18,615 bps
Deposit Growth (YoY)	27.39%	77.37%	108.32%	114.84%	42.16%	12.29%	-14.68%	-8.42%	-12,326 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	n/a	-0.21%	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2.89%	n/a	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	n/a	12.73%	n/a	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	8.19%	n/a	n/a
Liquidity & Funding
Loans / Deposits	56.89%	61.72%	60.06%	65.75%	72.74%	69.08%	97.24%	92.39%	+2,664 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.72%	+72 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a