Harris Trust/Bank of Montreal

West Palm Beach, FL · Cert 91247

FDIC

Q4 2002

$129.7MAssets

$85.4MLoans

$105.1MDeposits

$20.6MEquity

Loan mix

Deposit mix

NIM

Earnings: ROA of -1.26%, up 326 bps year over year; NIM at 2.93%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.59%.
Funding: loans stand at 81.21% of deposits as of Q4 2002.

Return on Assets (quarter, annualized)

-1.26%+326 bps YoY

Net Interest Margin (quarter, annualized)

2.93%-28 bps YoY

Efficiency Ratio (quarter, annualized)

125.93%-50 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q4 2001	Q1 2002	Q2 2002	Q3 2002	Q4 2002	YoY Δ	Trend
Earnings
Return on Assets	-4.53%	-2.43%	-1.44%	-1.74%	-1.26%	+326 bps
Return on Equity	-28.93%	-13.80%	-8.65%	-11.13%	-7.99%	+2,094 bps
Net Interest Margin	3.21%	3.23%	3.51%	3.07%	2.93%	-28 bps
Efficiency Ratio	126.42%	144.58%	126.20%	137.47%	125.93%	-50 bps
Non-Interest Burden	5.30%	6.85%	5.66%	5.83%	4.88%	-42 bps
Growth
Asset Growth (YoY)	-24.41%	-22.38%	-10.06%	-4.08%	0.29%	+2,470 bps
Loan Growth (YoY)	-19.63%	-20.56%	-24.68%	-20.50%	-10.64%	+899 bps
Deposit Growth (YoY)	-26.97%	-28.22%	-9.10%	-5.81%	2.40%	+2,937 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	1.64%	-0.03%	0.62%	0.70%	0.59%	-106 bps
Allowance / Loans	2.44%	2.55%	2.53%	2.57%	2.44%	0 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	18.46%	18.11%	17.83%	18.36%	17.80%	-66 bps
Equity / Assets	17.60%	17.70%	15.61%	15.70%	15.89%	-171 bps
Liquidity & Funding
Loans / Deposits	93.07%	95.22%	80.59%	78.69%	81.21%	-1,185 bps
Liquid Assets / Assets	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