Balance Sheet

2005 Y 2006 Y 2007 Y 2008 Y Period Ended 12/31/2005 12/31/2006 12/31/2007 12/31/2008 Assets ($000)  Cash and Due from Banks 21,786 13,869 17,572 17,013 Fed Funds Sold NA NA NA 0 Deposits at Financial Institutions 11,299 12,673 5,432 35,272 Securities Purchased, to Resell NA NA NA NA Other Cash & Cash Equivalents NA NA NA NA Cash and Cash Equivalents 33,085 26,542 23,004 52,285 Trading Account Secs 0 0 0 0 Available for Sale Secs 109,514 107,506 88,919 85,352 Held to Maturity Secs 4,176 3,449 2,769 13,406 Other Secs 27,112 28,722 28,722 29,888 Total Cash & Securities 173,887 166,219 143,414 180,931 Gross Loans Held for Investment 846,749 825,298 818,725 772,388 Loan Loss Reserve 6,959 7,144 6,623 15,747 Loans Held for Sale, before Reserves 1,947 3,664 3,169 2,185 Total Net Loans 841,737 821,818 815,271 758,826 Real Estate Owned and Held for Investment 2,581 3,956 5,034 5,841 Goodwill 6,683 6,683 6,683 0 Core Deposit Intangibles 0 0 0 0 Other Intangibles 0 0 0 0 Intangible Assets other than Goodwill 0 0 0 0 Total Intangible Assets 6,683 6,683 6,683 0 Loan Servicing Rights 6,973 6,424 6,356 3,731 Credit Card Rights 0 0 0 0 Other Loan Servicing Rights 0 0 0 0 Total Servicing Rights 6,973 6,424 6,356 3,731 Total Other Assets 39,387 43,116 46,503 51,117 Total Assets 1,071,248 1,048,216 1,023,261 1,000,446   Liabilities ($000)  Total Deposits 660,242 684,782 692,184 723,956 FHLB Borrowings 294,357 245,288 199,064 167,106 Senior Debt 307,223 257,139 215,981 178,833 Trust Preferred (FAS 150) 0 0 5,000 5,000 Total Subordinated Debt 0 0 5,000 5,000 Redeemable Financial Instruments (FAS 150) 0 0 0 0 Total Debt 307,223 257,139 220,981 183,833 Total Other Liabilities 13,020 15,203 21,462 20,957 Total Liabilities 980,485 957,124 934,627 928,746   Mezzanine ($000)  Redeemable Preferred 0 0 0 0 Trust Preferred Securities 0 0 0 0 Total Minority Interest 0 0 0 0 Other Mezzanine Items 0 0 0 0 Total Mezzanine Level Items 0 0 0 0   Equity ($000)  TARP Preferred Equity 0 0 0 0 Other Preferred Equity 0 0 0 0 Total Preferred Equity 0 0 0 0 Common Equity 90,763 91,092 88,634 71,700 Equity Attributable to Parent Company 90,763 91,092 88,634 71,700 Noncontrolling Interests 0 0 0 0 Equity 90,763 91,092 88,634 71,700 Net Unrealized Gain (1,663) (1,225) (12) 1,028 Tot Acc Other Comprehensive Inc (1,663) (1,225) (12) 1,028   Balance Sheet Analysis (%)  Gross Loans HFI / Total Assets 79.04 78.73 80.01 77.20 Loans / Deposits 128.25 120.52 118.28 106.69 Loan Loss Reserves / Gross Loans 0.82 0.86 0.81 2.03 One Year Gap / Assets NA NA NA NA 1-4 Loans Serviced for Others ($000) NA NA NA NA Level 1 Assets NA NA NA 0 Level 2 Assets NA NA NA 85,352 Level 3 Assets NA NA NA 55,530 Level 1 Liabilities NA NA NA NA Level 2 Liabilities NA NA NA NA Level 3 Liabilities NA NA NA NA FTE Employees (actual) 292 303 295 261   Annualized Growth Rates (%)  Asset Growth 0.51 (2.15) (2.38) (2.23) Gross Loans HFI Growth 1.61 (2.53) (0.80) (5.66) Deposit Growth (1.13) 3.72 1.08 4.59   Average Balances ($000)  Avg Gross Loans HFI 831,145 823,109 813,220 764,525 Avg Loans HFS 3,872 2,806 3,417 2,677 Average Loans, Gross of Reserves 835,017 825,915 816,637 767,202 Average Securities 110,613 140,361 132,684 127,557 Avg Other Int Earn Assets 59,542 14,211 8,041 35,610 Avg Secs & Other Int Earn Assets 170,155 154,572 140,725 163,167 Avg Interest Earning Assets 1,005,172 980,487 957,362 930,369 Avg Assets 1,068,733 1,061,638 1,045,311 1,024,597 Avg CDs NA NA NA NA Avg Other Interest-bearing Deposits NA NA NA NA Avg Interest-bearing Deposits 640,469 646,269 652,711 686,116 Avg Debt 297,304 282,325 249,793 194,458 Avg Interest-bearing Liabs 937,773 928,594 902,504 880,574 Avg Noninterest Bearing Deposits NA 30,163 35,919 37,918 Avg Total Deposits 671,320 676,432 688,630 724,034 Avg Preferred Equity 0 0 0 0 Avg Common Equity 90,602 90,890 90,470 85,486 Avg Equity 90,602 90,890 90,470 85,486   Copyright 2009, © SNL Financial LC  Terms of Use