Lincoln Trust Company

Englewood, CO · Cert 91324

FDIC

Q4 2004

$383.6MAssets

n/aLoans

$345.0MDeposits

$33.9MEquity

Deposit mix

Executive Summary

Return on Assets (YTD, annualized)

1.08%-49 bps YoY

Net Interest Margin (YTD, annualized)

3.64%-4 bps YoY

Efficiency Ratio (YTD, annualized)

68.39%+1,091 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2003	Q2 2003	Q3 2003	Q4 2003	Q1 2004	Q2 2004	Q3 2004	Q4 2004	YoY Δ	Trend
Earnings
Return on Assets	1.70%	1.58%	1.63%	1.57%	1.24%	1.14%	1.04%	1.08%	-49 bps
Return on Equity	17.47%	15.77%	16.06%	15.26%	11.72%	10.60%	9.70%	10.49%	-477 bps
Net Interest Margin	4.01%	3.86%	3.73%	3.68%	3.93%	4.06%	3.75%	3.64%	-4 bps
Efficiency Ratio	54.56%	57.47%	55.54%	57.48%	65.57%	68.30%	69.84%	68.39%	+1,091 bps
Non-Interest Burden	1.22%	1.35%	1.21%	1.32%	1.91%	2.19%	2.11%	1.98%	+66 bps
Growth
Asset Growth (YoY)	21.38%	14.35%	11.74%	3.27%	9.93%	7.89%	11.22%	8.87%	+559 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	12.86%	12.97%	13.57%	9.08%	9.14%	10.68%	12.56%	15.03%	+595 bps
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	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	43.77%	49.05%	40.11%	41.00%	42.59%	36.91%	26.99%	20.36%	-2,064 bps
Equity / Assets	9.96%	10.58%	10.60%	10.75%	10.41%	11.13%	10.59%	8.83%	-191 bps
Liquidity & Funding
Loans / Deposits	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Liquid Assets / Assets	93.63%	88.91%	92.04%	92.12%	94.24%	87.26%	75.98%	71.02%	-2,109 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a