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A User's Guide for the Uniform Bank Performance Report

1. Alternative 2 If pretax taxable income preliminary calculation ii exceeds tax exempt income or if pretax taxable income is greater than or equal to zero 0 write the amount of tax exempt income here and at Final Part I Calculation line a and proceed from there otherwise proceed to the next alternative Alternative 3 If pretax taxable income preliminary calculation ii is less than zero 0 and total pretax income preliminary calculation iii exceeds zero 0 and total applicable income taxes preliminary calculation iv is less than zero 0 e g the bank reports tax credits perform the following calculation otherwise proceed to the next alternative Multiply the total applicable income taxes preliminary calculation iv by negative 1 67 1 67 Add the result to total pretax income preliminary calculation iii Write the amount here and at Final Part I Calculation line a and proceed from there UBPR User s Guide March 2004 A 1 Alternative 4 If total pretax income preliminary calculation iii is less than or equal to zero 0 and total applicable income taxes preliminary calculation iv is less than zero 0 then perform the following calculation otherwise proceed to the next alternative Multiply the total applicable income taxes preliminary calculation iv by negative 1 67 1 67 Write the result here and at Final Part I Calculation line a and proceed from there Alternati
2. COMMON STOCK SURPLUS UNDIVIDED PROFITS ACCUM OTHER COMP INCOME OTHER EQUITY CAPITAL COMP TOTAL EQUITY CAPITAL SUBORD NOTES amp DEBENTURES CHANGES IN TOTAL EQUITY 000 BALANCE AT BEGINNING OF PERIOD NET INCOME SALE OR PURCHASE OF CAPITAL MERGER amp ABSORPTIONS RESTATE DUE ACCTG ERROR amp CHG TRANS WITH PARENT DIVIDENDS OTHER COMPREHENSIVE INCOME BALANCE AT END OF PERIOD INTANGIBLE ASSETS MORTGAGE SERVICING RIGHTS PURCH CRED CARD RELATION OTHER INTANGIBLES GOODWILL TOTAL INTANGIBLES MEMO GRANDFATHERED INTANG CAPITAL RATIOS PERCENT OF TOTAL EQUITY NET LOANS amp LEASES X SUBORD NOTES amp DEBENTURES LONG TERM DEBT COM RE amp RELATED VENTURES PERCENT OF AVERAGE TOTAL EQUITY NET INCOME DIVIDENDS RETAINED EARNINGS OTHER CAPITAL RATIOS DIVIDENDS TO NET OPER INCOME EQUITY CAPITAL TO ASSETS GROWTH RATES TOTAL EQUITY CAPITAL EQUITY GROWTH LESS ASST GROWTH INTANG ASSETS TOTAL EQUITY MORTGAGE SERVICING RIGHTS GOODWILL PURCH CREDIT CARD RELATION ALL OTHER INTANGIBLES TOTAL INTANGIBLES 12 31 2003 0 1 785 000 16 318 000 19 590 000 202 000 0 37 491 000 8 028 000 35 540 000 5 178 000 0 0 0 4 000 1 925 000 1 306 000 37 491 000 4 781 000 23 000 193 000 2 315 000 7 312 000 0 BANK PEERI 483 7 13 21 41 1483 2141 1483 1621 143 82 1407 1546 523 9 72 884 505 37 18 60 47 5 96 843 549 964 448 116 12 75 239 6 17 13 28 0 06 0 02
3. Earnings Coverage of Net Loss X Net operating income before taxes securities gains or losses and extraor dinary items plus the provision for possible loan and lease financing receivables losses divided by net loan and lease losses Loan amp Lease Allowance Net Losses X Ending balance of the allowance for possible loan and lease financing receivables losses divided by net loan and lease losses If gross recoveries exceed gross losses NA is shown at this caption UBPR User s Guide March 2004 Loan amp Lease Allowance to Total Loans amp Lease Ending balance of the allowance for possible loan and lease losses divided by total loans and lease financing receivables Liquidity Net Non Core Funding Dependence See page UBPR page 10 for definition Net Loans amp Leases to Assets Loans and lease financing receivables net of unearned income and the allowance for possible loans and lease financing receivables losses divided by total assets Capitalization Tier One Leverage Capital Tier one capital divided by adjusted average assets See the description of UBPR page 11A for definitions of tier one capital and adjusted average assets Cash Dividends to Net Income Total of all cash dividends declared year to date divided by net income year too date If net incomes less than or equal to zero NA is shown at this caption Retain Earnings to Average Total Equity Net income less cash divide
4. Employee Benefit Defined Contribution Income from employee benefit defined contribution accounts reported on RC T item 13 a expressed as a percentage of employee benefit UBPR User s Guide March 2004 defined contribution account assets reported on RC T item 5 a columns a and b Employee Benefit Defined Benefit Income from employee benefit defined benefit accounts reported on RC T item 13 b expressed as a per centage of employee benefit defined benefit account assets reported on RC T item 5 b columns a and b Other Retirement Income from other retirement accounts reported on RC T item 13 expressed as a percentage of other retirement account assets reported on RC T item 5 c columns a and b Corporat e Trust and Agency Income from corporate trust and agency accounts reported on RC T item 14 expressed as a percentage of corporate trust and agency assets reported on RC T item 6 columns a and b Investment Management Agency Income from investment manage ment agency accounts reported on RC T item 15 expressed as a percent age of investment management and agency account assets reported on RC T item 7 columns a and b Other Fiduciary Income from other fiduciary accounts reported on RC T item16 expressed as a percentage of other fiduciary account assets reported on RC T item 8 columns a and b Total Fiduciary Assets Gross fiduciary income as reported on RC T item 19 expressed as a per centage of t
5. Other loans including single pay ment installment Credit Card Loans Municipal Loans Obligations other than securities to state and local political subdivisions in the U S Acceptances of Other Banks Foreign Office Loans For banks filing FFIEC 031 form Rep resents the difference between con solidated bank loans and leases and loans and leases in domestic offices All Other Loans Other loans loans for purchasing and carrying securities and loans to for eign governments Lease Financing Receivables Supplemental The following categories of loans are included in previous loan mix captions Loans to Foreign Governments Loans to foreign governments Avail able for all banks from March 31 2001 forward Available Prior to March 31 2001 for FFIEC 033 032 031 filers Includes domestic and for eign office loans Loans to Finance Commercial Real Estate Loans to finance commercial real estate construction and development not secured by real estate Memorandum of Average Total Loans Loan amp Lease Commitments Outstanding commitments to make or purchase loans or to extend credit in the form of lease financing arrangements divided by average total loans Officer Shareholder Loans Extension of credit to the bank s executive officers principal share holders and their related interest as of the report date divided by average total loans Officer Shareholder Loans to Assets
6. columns c and d is displayed The number of accounts is also displayed as a percentage of the total number of accounts as reported on RC T item 9 columns c and d Finally managed accounts as reported on RC T item 8 column c is displayed as a percent age of RC T item 8 columns c and d Total Fiduciary Accounts Number of all fiduciary accounts both managed and non managed as reported on schedule RC T item 9 columns c and d Custody and Safekeeping The total balance of custody and safe keeping accounts as reported on schedule RC T item 10 column d Memo Accounts in Foreign Offices Number of fiduciary accounts held in foreign offices as reported on schedule RC T item 11 columns c and d Managed accounts as reported on RC T item 8 column c is displayed as a percentage of RC T item 11 col umns c and d Corporate Trust and Agency The Balance and number of corpo rate trust and agency accounts are displayed Additionally an annual growth rate in balances between quarters is displayed Corporate and Municipal Trusteeships The number of issues and balance of corporate and municipal trusteeships as reported on RC T memoranda item 2 a columns a and b respectively All Other Corporate The number of transfer agent regis trar paying agent and other corpo rate agency issues as reported on schedule RC T item 2 b column a Fiduciary and Related Services Income The amount of income generated from and ex
7. lated by the Office of the Comp troller of the Currency e State chartered banks which are members of the Federal Reserve System regulated by the Federal Reserve Board e State chartered banks that are not members of the Federal Reserve System and are regulated by the Federal Deposit Insurance Corpo ration e FDIC Supervised savings banks which are regulated by the FDIC Sources of UBPR Data The source of all bank financial data in the UBPR is the Report of Condi tion and Report of Income Call Reports and filed quarterly by each insured bank These Call Reports dif fer somewhat between banks in amount of detail depending on the characteristics of the banks The fol lowing report type designations refer to the FFIEC form numbers on different Call Reports From March 31 2001 forward 031 Reporters all banks with domestic and foreign offices 041 Reporters all banks with domestic offices From December 31 2000 back 031 Reporters all banks with domestic and foreign offices 032 Reporters all banks with domestic offices only with assets of 300 million or more UBPR User s Guide March 2004 033 Reporters all banks with domestic offices only and with assets of 100 million or more but less than 300 million 034 Reporters all banks with domestic offices only and with assets of less than 100 million The UBPR also uses various items of bank structure data from
8. 0 00 UBPR User s Guide March 2004 33 UBPR Page 7A Analysis of Loan and Lease Allowance and Loan Mix Loan Mix Average Gross Loans Loans are distributed by category as a percent of average gross loans Loans are averaged using the ending balance for the prior year end plus the interim quarters for the current year Data comes from report of con dition schedule RC C Details on individual categories are provided only where call items are combined otherwise report of condition defini tions apply to individual categories of loans If bank has foreign offices FFIEC 031 filer then categories represent bal ances in domestic offices only with loans booked in foreign offices shown as a separate category Otherwise balances are consolidated for the bank Construction and Land Development 1 4 Family Residential Home Equity Also included in 1 4 family residential Other Real Estate Loans Includes the following categories of loans Farmland Loans secured by farmland Multifamily Secured by multifamily 5 or more residential properties Non Farm Non Residential Total Real Estate Total of previous real estate loan categories UBPR User s Guide March 2004 Financial Institution Loans Loans to depository institutions Agricultural Loans Loans to Finance agricultural produc tion and other loans to farmers Commercial and Industrial Loans Loans to Individuals
9. GROSS POSTIVE FAIR VALUE 623 904 000 369 645 000 130 095 000 HELD FOR TRADING 623 073 000 367 929 000 129 147 000 NON TRADED 831 000 1 716 000 948 000 MEMO MARKED TO MARKET 831 000 1 716 000 62 000 CURR CREDIT EXP ON RBC DERIV CONTR 70 997 000 76 919 000 37 268 000 CREDIT LOSSES OFF BS DERIVS 56 000 376 000 2 000 PAST DUE DERIV INSTRUMENTS FAIR VALUE CARRIED AS ASSETS 0 0 1 000 IMPACT NONTRADED DERIV CONTRACTS INCREASE DECR IN INTEREST INC 1 680 000 250 000 169 000 INCREASE DECR IN INTEREST EXP 340 000 126 000 85 000 INCREADE IN ALLOC 890 000 352 000 379 000 INCREASE DECR IN NET INCOME 2 230 000 24 000 295 000 UBPR User s Guide March 2004 19 UBPR Page 5A Derivative Instruments This page presents the amounts of derivatives and related information in thousands of dollars The information comes mostly from call schedule RC L Off Balance Sheet Items but also from schedules RC M Memoranda RC N Past Due and Nonaccrual Loans Leases and Other Assets RC R Regu latory Capital and the RI report of income memoranda section Deriva tives are summarized in several ways using the position indicators in the RC L matrix Data on this page is avail able from the March 31 1995 call report forward unless otherwise noted Notional Amount 000 Derivative Contracts From March 31 2001 forward the sum of RC Litems 12 and 13 a all columns From March 31 2001 and prior the to
10. by real estate Commercial Loans Total of domestic office commercial and industrial loans loans to deposi tory institutions acceptances of other banks and obligations other than securities of states and political subdivisions Individual Loans Domestic office loans to individuals for household family and other per sonal expenditures Agricultural Loans Total domestic office loans to finance agricultural production and other loans to farmers UBPR User s Guide March 2004 Other Loans and Leases in Domestic Offices All other loans and all lease financing receivables in domestic offices Loans and Leases in Foreign Offices All loans and leases in foreign offices NA appears for banks with out foreign offices Gross Loans and Leases Total of the above loan and lease cat egories which include unearned income This is derived by adding unearned income to total loans and leases Note that this figure includes loans held for sale as reported on schedule RC Less Unearned Income Unearned income and the total of loan and lease loss reserves and trans fer risk reserves are subtracted from Gross Loans and Leases Less Loan and Lease Allowance The allowance for loan and lease losses Net Loans and Leases Gross loans and leases less allow ance and reserve and unearned income Note that this figure includes loans held for sale as reported on schedule RC U S Treasury and Agency
11. downloaded The site includes 5 years of history including all inter mediate quarters A UBPR is produced for each com mercial bank in the United States that is supervised by the Board of Gover UBPR User s Guide March 2004 nors of the Federal Reserve System Federal Deposit Insurance Corpora tion or the Office of the Comptroller of the Currency UBPRs are produced for FDIC insured savings banks also The report is computer generated from a data base derived from public and nonpublic sources It contains several years worth of data which are updated quarterly Those data are presented in the form of ratios per centages and dollar amounts com puted mainly from Reports of Con dition and Income submitted by the bank Each UBPR also contains cor responding average data for the banks peer group and percentile rankings for most ratios The UBPR therefore permits evaluation of a banks current condition trends in its financial performance and compari sons with the performance of its peer group In addition to the individual bank report the following is also available A Peer Group report which pre sents all peer averages e A State Average Report which presents ratio averages within States A Distribution report is also pro duced using the peer groupings in the state average and peer group average reports Selected percen tile values are displayed for indi vidual ratios to provide additional
12. estimated tax benefit UBPR User s Guide March 2004 US Treasury amp Agency Excl MBS Year to date interest on U S Trea sury securities and on other U S gov ernment agencies excluding mort gage backed securities This item is available from March 31 2001 forward Mortgage Backed Securities Year to date interest Mortgage Backed Securities This item is available from March 31 2001 forward Estimated Tax Benefit The estimated tax benefit resulting from having tax exempt municipal securities income See Section II Technical Information for a discus sion of the method used to calculate this item All Other Securities Year to date income on all other securities not held in trading accounts including taxable and tax exempt securities issued by states and local subdivisions Tax Exempt Securities Income Year to date interest on securities issued by states and political subdi visions in the United States Investment Interest Income TE Sum of U S Treasury and agencies securities income municipal securi ties income the tax benefit on municipal securities income and other securities income Interest on Due From Banks Year to date interest on balances due from depository institutions Interest on Federal Funds Sold Resales Year to date income on federal funds sold and securities purchased under agreements to resell Trading Account Income Year to date interest income on assets
13. ward Principal balance of mortgages serviced without recourse or other servicer provided enhancements as percent of total assets Other Financial Assets Available from March 31 2001 for ward Balance of other financial assets as percent of total assets Total Total of above categories as a percent of total assets 35 CERT PAGE 08 CHARTER COUNTY ANALYSIS OF PAST DUE NONACCRUAL amp RESTRUCTURED LOANS amp LEASES 12 31 2003 12 31 2001 12 31 1999 NON CURRENT LN amp LS 000 90 DAYS AND OVER PAST DUE 48 000 44 000 64 000 TOTAL NONACCRUAL LN amp LS 2 520 000 2 384 000 1 374 000 TOTAL NON CURRENT LN amp LS 2 568 000 2 428 000 1 438 000 LN amp LS 30 89 DAYS PAST DUE 2 524 000 1 566 000 RESTRUCTURED LN amp LS 90 DAYS P D 0 0 0 RESTRUCTURED LN amp LS NONACCRL 66 000 0 4 000 RESTRUCTURE LN amp LS 30 89 DAYS PD 0 0 CURRENT RESTRUCTURED LN amp LS 238 000 78 000 45 000 ALL OTHER REAL ESTATE OWNED 128 000 41 000 29 000 OF NON CURR LN amp LS BY LN TYPE BANK PCT BANK PEERI PCT BANK PEERI REAL ESTATE LNS 90 DAYS P D 0 00 0 19 15 0 05 0 23 28 0 02 0 19 NONACCRUAL 0 51 0 55 56 0 62 0 69 58 0 59 0 52 TOTAL 0 51 0 81 38 0 67 0 99 47 0 61 0 78 30 89 DAYS P D 1 47 0 87 79 1 00 131 34 LNS FIN COML RE 90 DAYS 0 00 0 05 84 0 00 0 04 72 0 00 0 03 NONACCRUAL 1 68 0 23 91 0 59 0 21 80 0 15 0 12 TOTAL 1 68 0 30 89 0 59 0 27 75 0 15 0 19 30 89 DAYS P D 3 19 0 46 91 0 52 0 46 74 CONST amp LAND DEV 90 DAYS P D 0 00 0
14. 0 00 0 00 0 00 0 00 0 00 0 16 0 00 0 00 0 00 0 00 3 13 0 00 0 38 1 79 0 03 1 37 1 39 ley 81 50 6 85 12 31 2003 0 46 0 03 016 0 20 0 41 0 19 0 70 0 92 0 88 65 02 6 74 1 85 0 00 1 01 0 01 0 01 0 00 0 01 0 47 0 02 1 34 1 36 0 88 12 31 2001 PEERI 0 42 0 01 0 49 0 91 0 00 0 02 0 04 0 14 0 05 0 37 0 42 0 60 0 05 1 28 137 0 88 0 07 0 36 0 54 0 59 0 22 097 1 29 1 29 81 09 9 80 0 00 1 36 0 00 0 00 0 01 PAGE 08 12 31 1999 BANK PEERI 0 97 0 63 0 00 0 09 0 97 0 84 0 00 0 00 3 02 0 01 3 00 0 05 0 00 0 06 0 14 0 17 0 00 0 29 0 00 0 10 0 00 122 0 00 141 0 07 0 07 0 49 0 18 0 56 0 26 0 05 0 21 1 03 0 53 1 08 0 77 0 72 0 67 UBPR User s Guide March 2004 39 UBPR Page 8A Analysis of Past Due Nonaccrual amp Restructured Loans amp Leases Memoranda Information This section presents additional infor mation for past due real estate loans as well as information on cur rent restructured loans by type The additional information on past due real estate loans comes from schedule RC N memoranda section and applies to all banks Ratios are calculated by dividing the individual past due loan category by the corre sponding balance from RC C Two sub sections provide both dollar and ratio information using the same loan captions Details are provided only where items are com
15. 09 0 01 NA ALL OTHER LOANS AND LEASES 0 00 0 06 NA TOTAL 90 DAY PD MANAGE ASSET 0 31 0 03 NA TOTAL PAST DUE MANAGED ASSETS 1 79 0 93 NA NET LOSSES ON MANAGED ASSETS 1 4 FAMILY RESIDENTIAL LOANS 0 24 0 06 NA HOME EQUITY LINES 0 47 0 03 NA CREDIT CARD RECEIVABLES NA 0 00 NA COMMERCIAL amp INDUSTRIAL LOANS 1 44 1 38 NA ALL OTHER LOANS AND LEASES 0 18 0 22 NA NET LOSSES ON MANAGE ASSETS 0 18 0 22 NA UBPR User s Guide March 2004 68 UBPR PAGE 13B 30 89 Day Past Due Securitized Assets Delinquencies are expressed as a per centage of securitized assets by category 1 4 Family Residential Loans Dollar amount of securitized 1 4 fam ily residential loans 30 to 89 days past due as reported in RC S item 4 a column a as a percentage of securitized 1 4 Family Residential loans reported on RC S item 1 col umn a Home Equity Lines Dollar amount of securitized home equity lines 30 to 89 days past due as reported in RC S item 4 a column b as a percentage of home equity lines reported on RC S item 1 column b Credit Card Receivables Dollar amount of securitized credit card receivables 30 to 89 days past due as reported in RC S item 4 a col umn c as a percentage of securitized credit card receivables reported on RC S item 1 column c Auto Loans Dollar amount of securitized auto loans 30 to 89 days past due as reported in RC S item 4 a column d as a percentage of securitized auto loans r
16. 127 0 03 97 0 12 0 00 UBPR User s Guide March 2004 M 30 UBPR Page 07 Analysis of Credit Allowance and Loan Mix The top portion of this page presents data regarding the allowance for loan and lease financing receivables losses The dollar figures provide a recon cilement of changes to the reserve from schedule RI B and the ratios are pro vided to highlight trends and permit assessment of the adequacy of the reserve The bottom portion of page 7 presents net loan losses by type of loan For each type of loan the charge off rate is annualized Negative values for those ratios indicate net recoveries Page 7 A presents a detailed analysis of the loan portfolio mix Change Credit Allowance 000 Beginning Balance Balance of the allowance for possible loan and lease losses at the beginning of the year From March 31 1998 includes credit transactions Prior periods include loan and lease activ ity only Gross Credit Losses Gross amount of loan and lease losses year to date From March 31 1998 includes credit transactions Prior periods include loan and lease activ ity only Note that gross credit losses includes the writedown taken on loans held for sale This item is added back to allow reconcilement with loan loss data by type of loan as reported on schedule RI B section a Memo Loans Held For Sale Writedown Writedown arising from transfer of loans to a held for sale status as
17. 2001 for banks filing FFIEC form 031 and 032 includes commercial and industrial loans Prior to March 31 2001 for banks filing FFIEC form 033 and 034 includes commercial time and demand and all other loans Loans to Individuals From March 31 2001 forward includes loans to individuals other than credit card plans for all banks For banks filing FFIEC form 031 and 032 in quarters prior to March 31 2001 includes credit cards and other loans to individuals For banks filing 033 and 034 in quarters prior to March 31 2001 includes installment loans Credit card and related plans from RC C 38 CERT CHARTER COUNTY OF NON CURR LN amp LS BY LN TYPE CREDIT CARD PLANS 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D FOREIGN GOVT LNS 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D LEASE FINANCING 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D AGRICULTURAL LNS 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D OTHER LN amp LS 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D GROSS LN amp LS 90 DAYS P D NONACCRUAL TOTAL 30 89 DAYS P D OTHER PERTINENT RATIOS EQUITY CAPITAL IENC LOANS TO TOTAL LOANS NON CURR LNS OREO TO LNS OREO CURRENT RESTRUCT LN amp LS NON CUR LN amp LS TO LN amp LS ALLOWANCE TOTAL P D LN amp LS INCL NONACCRUAL NON CURR RESTRUCT DEBT GR LN amp LS CURR NON CURR RESTRUCT GR LN amp LS ANALYSIS OF PAST DUE NONACCRUAL amp RESTRUCTURED LOANS amp LEASES BANK
18. 28 32 62 37 12 84 12 78 39 26 3 95 91 94 1 80 6 26 99 99 0 02 0 02 0 03 2 23 PAGE 068 PEERI 60 53 3 02 0 95 63 50 1 07 2 85 1 03 1 34 15 65 8 73 4 64 1 15 0 03 520 11 27 100 00 4 80 10 91 153 16 12 Tl 12 05 50 44 7 05 6 99 66 27 10 04 0 00 10 72 28 77 2 66 90 49 1 45 7 82 100 00 1 19 0 56 0 00 1 86 UBPR User s Guide March 2004 27 UBPR Page 06 Balance SheetPercentage Composition of Assets and Liabilities This page presents the major compo nents of assets liabilities and capital as a percentage of total assets Aver ages used on this page are a year to date average of end of period bal ances including the prior year end Thus for December an average would be composed of the balance at December for the prior year March June September and December of the current year Please note that the averages used on this page are not used for earnings analysis on pages 1 3 and 12 Assets Percent of Average Assets Total Loans Average total loans net of unearned income divided by average total assets This item is derived by subtracting lease financing receiv ables and unearned income from total loans and leases shown on the Report of Condition Schedule RC C Loan and Lease Financing Receivables Lease Financing Receivables Average lease financing receivables divided by average total assets Less Loan amp Lease Al
19. 5 95 64 600 000 8 91 2 26 EMPLOYEE BENEFIT DB 276 102 000 31 23 263 324 000 36 33 3 56 OTHER RETIREMENT 2 379 000 0 27 16 1 2 425 000 0 33 27 09 CORPORATE TRUST AND AGENCY 461 969 000 52 26 7 313 438 000 43 24 2 30 INVESTMENT MANAGEMENT AGENCY 37 369 000 4 23 100 01 33 497 000 4 62 100 00 OTHER FIDUCIARY 330 000 0 04 i 244 000 0 03 11 48 TOTAL FIDUCIARY ASSETS 883 988 000 100 00 11 98 724 903 000 100 00 12 56 CUSTODY AND SAFEKEEPING 6 999 918 000 6 090 848 000 MEMO ACCTS IN FOREIGN OFFICES 1 897 381 000 1 418 997 000 1 14 TOTAL FIDUCIARY AND REL ACCOUNTS TOTAL MGD TOTAL MGD PERSONAL TRUST AND AGENCY 23 574 5 90 91 32 25 042 6 54 91 66 EMPLOYEE BENEFIT DC 1 457 0 36 9 47 1 699 0 44 9 54 EMPLOYEE BENEFIT DB 2 384 0 60 4 07 2 563 0 67 3 32 OTHER RETIREMENT 346 368 86 72 0 06 330 056 86 23 0 07 CORPORATE TRUST AND AGENCY 16 848 4 22 15 472 4 04 0 50 INVESTMENT MANAGEMENT AGENCY 8 418 2 11 100 0 7 856 2 05 100 00 OTHER FIDUCIARY 363 0 09 67 0 02 2 99 TOTAL NUMBER OF ACCOUNTS 399 412 100 00 382 755 100 00 8 20 CUSTODY AND SAFEKEEPING 68 646 74 999 MEMO ACCTS IN FOREIGN OFFICES 19 192 11 6 20 642 5 08 CORPORATE TRUST AND AGENCY 000 55 90000 155 CHG CORPORATE AND MUNI 2 055 868 000 21 188 1 715 097 000 20 382 14 15 ALL OTHER CORPORATE 626 821 606 322 4 53 FIDUCIARY AND RELATED SVCES INC 000 FIDIN CHG 000 FIDIN CHG PERSONAL TRUST AND AGENCY 0 N A N A 0 0 0 EMPLOYEE BENEFIT DC 0 N A N A
20. 50 597 000 35 152 000 2 89 AMOUNT CONVEYED TO OTHERS 14 851 000 9 694 000 6 443 000 23 08 COMMERCIAL LETTERS OF CREDIT 4 593 000 2 653 000 4 108 000 46 51 ASSETS SECURITIZED OR SOLD W REC 29 057 000 4 939 000 4 225 000 12 15 AMOUNT OF RECOURSE EXPOSURE 720 000 316 000 931 000 3 36 CREDIT DERIVS BANK AS GTR 275 955 000 147 822 000 15 086 000 59 52 CREDIT DERIVS BANK AS BENEF 301 738 000 123 851 000 12 938 000 56 3 ALL OTH OFF BALANCE SHEET ITEMS 156 704 000 127 868 000 83 443 000 40 17 OFF BALANCE SHEET ITEMS 987 183 000 651 888 000 287 865 000 31 54 OUTSTANDING OF TOTAL BANK PEERI PCT BANK PEERI PCT BANK PEERI HOME EQUITY 1 4 FAMILY 162 478 23 012 3 61 5 0 29 265 CREDIT CARD 000 221 42 0 00 193 48 081 2394 COMMERCIAL RE SECURED BY RE 017 1 96 15 051 240 15 022 213 COMMERCIAL SECURED 039 030 78 037 038 61 026 043 ALL OTHER 2487 1622 35 10 2036 84 3844 26 35 TOTAL LN amp LS COMMITMENTS 2704 27 94 49 3610 30 54 65 40 01 37 60 SECURITIES UNDERWRITING 0 00 0 00 91 0 00 00 91 0 00 0 00 STANDBY LETTERS OF CREDIT 782 3 50 86 94 422 87 10 58 4 89 AMOUNT CONVEYED OTHERS 236 042 93 180 037 94 194 039 COMMERCIAL LETTERS CREDIT 07 0 16 91 04 02 81 124 032 ASSETS SECURITIZED OR SOLD W REC 462 422 09 575 45 127 194 AMOUNT OF RECOURSE EXPOSURE 01 029 56 0 06 040 50 028 048 CREDIT DERIVS BANK AS GTR 43 90 032 98 2740 014 98 454 0 15 CREDIT DERIVS BANK AS BENEF 48 00 081 98 23 03 027 98 3 89 0 19 ALL OTH OFF BALANCE SHEET I
21. 62 1 96 27 0 00 2 02 NET OPERATING INCOME 0 86 129 21 1 01 1 29 26 0 07 1 34 ADJUSTED OPERATING INCOME 0 65 1 26 17 0 95 130 24 0 05 1 38 NET INCOME ADJUSTED SUB 6 1 31 N A 1 29 N A 1 33 0 86 1 31 20 1 01 129 26 0 07 1 35 MARGIN ANALYSIS INT INC TE TO AVG EARN ASSETS 3 00 4 85 9 325 4 95 9 3 52 539 INT EXPENSE TO AVG EARN ASSETS 132 1 31 56 1 52 141 57 1 81 1 69 NET INT INC TE TO AVG EARN ASST 1 68 3 53 8 1 73 3 50 8 171 3 66 LOAN amp LEASE ANALYSIS NET LOSS TO AVERAGE TOTAL LN amp LS 0 17 0 53 17 0 66 0 50 69 1 16 0 60 EARNINGS COVERAGE OF NET LOSS X 19 50 1023 84 641 1026 38 0 40 7 15 LN amp LS ALLOWANCE NET LOSSES X 9 38 3 56 91 2 97 3 81 38 171 2 82 CAPITALIZATION CASH DIVIDENDS TO NET INCOME 46 26 177 08 34 25 03 52557 35 88 50 71 55 RETAIN EARNS AVG TOT EQUITY 7 80 2 34 71 12 97 6 01 73 2 38 3 79 YIELD ON OR COST OF TOTAL LOANS amp LEASES TE 441 5 46 13 4 66 5 50 15 4 95 5 90 LOANS IN DOMESTIC OFFICES 4 49 5 43 15 4 70 5 47 15 4 67 5 91 REAL ESTATE 4 92 5 34 24 477 5 54 15 4 63 6 05 COMMERCIAL amp INDUSTRIAL 4 96 5 05 53 6 06 5 34 69 5 48 5 67 INDIVIDUAL 4 89 6 45 27 529 6 42 30 6 72 6 98 CREDIT CARD PLANS NA 4 72 52 NA 3 66 58 NA 4 50 AGRICULTURAL 0 00 3 78 19 0 00 4 50 15 0 00 5 13 LOANS IN FOREIGN OFFICES 0 00 1 18 71 0 00 0 43 73 0 00 0 93 TOTAL INVESTMENT SECURITIES TE 4 64 4 26 69 4 76 4 59 61 4 73 SR TOTAL INVESTMENT SECURITES BOOK 4 60 4 14 71 4 75 4 44 67 4 68 4 98 US TREA
22. 67 CERT PAGE 13B CHARTER COUNTY SECURITIZATION AND ASSET SALE ACTIVITIES 12 31 2003 12 31 2001 12 31 1999 30 89 DAY PD SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS 2 57 NA NA HOME EQUITY LINES 9 80 192 CREDIT CARD RECEIVABLES NA NA NA AUTO LOANS 1 16 1 32 NA COMMERCIAL amp INDUSTRIAL LOANS 0 00 NA NA ALL OTHER LOANS AND LEASES 2 17 2 15 NA TOTAL 30 89 DAY PD SECUR ASSET 2 16 1 63 NA 90 DAY PD SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS 2 88 NA NA HOME EQUITY LINES 3 92 0 00 NA CREDIT CARD RECEIVABLES NA NA NA AUTO LOANS 0 22 0 30 NA COMMERCIAL amp INDUSTRIAL LOANS 0 00 NA NA ALL OTHER LOANS AND LEASES 1 09 0 23 NA TOTAL 90 DAY PD SECUR ASSET 2 13 0 27 NA TOTAL PD SECURITIZED ASSETS 430 1 90 NA NET LOSSES ON SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS 0 87 NA NA HOME EQUITY LINES 6 91 0 00 NA CREDIT CARD RECEIVABLES NA NA NA AUTO LOANS 0 50 0 43 NA COMMERCIAL amp INDUSTRIAL LOANS 0 00 0 00 NA ALL OTHER LOANS AND LEASES 1 67 0 40 NA NET LOSSES ON SECUR ASSETS 0 83 0 20 NA 30 89 DAY PD MANAGED ASSETS 1 4 FAMILY RESIDENTIAL LOANS NA 0 78 NA HOME EQUITY LINES 0 91 0 99 NA CREDIT CARD RECEIVABLES NA 0 00 NA COMMERCIAL amp INDUSTRIAL LOANS 0 85 0 45 NA ALL OTHER LOANS AND LEASES 1 77 0 92 NA TOTAL 30 89 DAY PD MANAGE ASSET 1 48 0 90 NA 90 DAY PD MANAGED ASSETS 1 4 FAMILY RESIDENTIAL LOANS NA 0 00 NA HOME EQUITY LINES 0 17 0 00 NA CREDIT CARD RECEIVABLES NA 0 00 NA COMMERCIAL amp INDUSTRIAL LOANS 0
23. 918 667 000 FOREIGN EXCHANGE CONTRACTS 2 763 631 000 2 448 302 000 1 644 217 000 EQUITY COMM amp OTH CONTRACTS 700 834 000 610 893 000 128 687 000 DERIVATIVES POSITION FUTURES AND FORWARDS 4 705 908 000 3 554 499 000 3 790 367 000 WRITTEN OPTIONS 3 516 917 000 2 543 989 000 742 433 000 EXCHANGE TRADED 548 548 000 381 933 000 143 520 000 OVER THE COUNTER 2 968 369 000 2 162 056 000 598 913 000 PURCHASED OPTIONS 3 633 381 000 2 318 142 000 716 959 000 EXCHANGE TRADED 824 123 000 417 262 000 114 763 000 OVER THE COUNTER 2 809 258 000 1 900 880 000 602 196 000 SWAPS 24 371 858 000 14 841 951 000 7 441 812 000 HELD FOR TRADING 36 101 761 000 23 129 825 000 12 386 861 000 INTEREST RATE CONTRACTS 32 650 018 000 20 076 151 000 10 624 710 000 FOREIGN EXCHANGE CONTRACTS 2 750 909 000 2 442 781 000 1 633 464 000 EQUITY COMM amp OTH CONTRACTS 700 834 000 610 893 000 128 687 000 NON TRADED 126 303 000 128 756 000 304 710 000 INTEREST RATE CONTRACTS 113 581 000 123 235 000 293 957 000 FOREIGN EXCHANGE CONTRACTS 12 722 000 5 521 000 10 753 000 EQUITY COMM amp OTH CONTRACTS 0 0 0 MEMO MARKED TO MARKET 126 303 000 128 756 000 36 542 000 DERIVATIVE CONTRACTS RBC DEF 30 395 529 000 18 897 151 000 10 903 534 000 ONE YEAR OR LESS 9 181 105 000 6 794 314 000 5 294 806 000 OVER 1 YEAR 5 YEARS 13 230 858 000 7 580 797 000 4 060 030 000 OVER 5 YEARS 7 983 566 000 4 522 040 000 1 548 698 000 GROSS NEGATIVE FAIR VALUE 612 973 000 355 904 000 125 958 000
24. CR EXP SPONS BY BANK amp OTHER 1 903 000 2 951 000 NA 44 49 LIQUID COMM BY BANK amp OTHER 28 734 000 33 901 000 NA 19 26 ACTIVITY TOTAL ASSETS SECURITIZATION ACTIVITIES 4 55 0 89 NA 1 4 FAMILY RESIDENTIAL LOANS 3 23 0 00 NA HOME EQUITY LINES 0 05 0 02 NA CREDIT CARD RECEIVABLES 0 00 0 00 NA AUTO LOANS 0 88 0 55 NA COMMERCIAL amp INDUSTRIAL LOANS 0 37 0 00 NA ALL OTHER LOANS AND LEASES 0 01 0 32 NA ASSET BACKED COMML PAPER COND 4 87 6 85 NA CR EXP SPONS BY BANK amp OTHER 0 30 0 55 NA LIQUID COMM BY BANK amp OTHER 4 57 6 30 NA PERCENT OF TOT MANAGED ASSETS ON BALANCE SHEET amp SEC ASSETS 1 4 FAMILY RESIDENTIAL LOANS 35 50 20 79 NA HOME EQUITY LINES 3 29 1 82 NA CREDIT CARD RECEIVABLES 0 00 0 00 NA AUTO LOANS 17 68 13 95 NA COMMERCIAL amp INDUSTRIAL LOANS 22 51 33 56 NA ALL OTHER LOANS AND LEASES 21 02 29 87 NA UBPR User s Guide March 2004 III 60 UBPR Page 13 Securitziation and Asset Sale Activities Data on bank securitization activi ties comes principally from call report schedule RC S This informa tion is available for all banks and was first reported on the June 30 2001 call report Bank information is presented in dollar and percentage formats and no peer group informa tion is calculated One year and annualized quarterly growth rates are calculated for dollar items on page 13 Securitization Activities The total of all securitized assets from call schedule RC S item 1 columns a
25. Earnings and Profitability of Average Assets Interest Income TE All income from earning assets plus the tax benefit on tax exempt loans leases and municipal securities divided by average assets Interest Expense Total interest expense divided by average assets Net Interest Income TE Total interest income plus the tax ben efit on tax exempt income less total interest expense divided by average assets UBPR User s Guide March 2004 Non interest Income Income derived from bank services and sources other than interest bearing assets divided by average assets Non interest Expense Salaries and employee benefits expenses of premises and fixed assets and other Non interest expense divided by average assets Provision Loan Lease Losses Provision for loan and lease receiv ables losses divided by average assets Pretax Operating Income TE Net interest income on a tax equivalent basis plus Non interest income less non interest expenses the provision for loan and lease financing receivables losses and the provision for allocated transfer risk divided by average assets Realized Gain Loss Secs Pretax net gains or losses from the sale exchange retirement or redemp tion of securities not held in trading accounts divided by average assets After December 31 1993 includes available for sale held to maturity transactions Pretax Net Operating Income TE Pretax operating i
26. Extension of credit to the bank s executive officers principal share holders and their related interest divided by total assets Other Real Estate Owned Assets Provides a distribution of other real estate owned by type property from report of condition RC M Average individual categories are divided by average assets Construction amp Land Development Construction and land development in domestic offices Farmland Farmland in domestic offices 1 4 Family 1 4 Family residential property in domestic offices 34 Multifamily Multifamily 5 or more in domestic offices Non Farm Non Resident Non farm non residential properties in domestic offices Foreign Offices Other real estate owned booked in foreign offices 031 filers only Subtotal Sum of above other real estate owned Direct and Indirect Inv Direct and indirect investments in other real estate ventures UBPR User s Guide March 2004 Total Total of other real estate owned and direct and indirect investment in real estate ventures Asset Servicing Assets Provides a distribution of asset ser vicing by type as a percent of aver age assets Mortgages Serviced With Recourse Available from March 31 2001 for ward Principal balance of mortgages serviced with recourse or other servicer provided enhancements as percent of total assets Mortgages Serviced Without Recourse Available from March 31 2001 for
27. FHLMC pools transferred and principal balance of private mortgage pools transferred From March 31 1997 forward includes from RC L Outstanding principal balance of first lien 1 to 4 family residential mortgage loans Category Four 100 From March 31 2001 forward all com ponents in the RC R off balance sheet 100 category are summed and risk weighted at 100 For prior quarters components listed below are multi plied by 100 risk weight For banks filing RC R credit equiva lents of off balance sheet items assigned to the 100 risk weight cat egory are used For banks not filing all RC R data the following items are converted at the appropriate rate Financial standby letters of credit less financial letters of credit conveyed to others participation in acceptances acquired by the reporting bank out standing balance of Farmer Mac pools transferred all other off balance sheet items are converted at 100 Performance standby letters of credit less performance standby letters of credit conveyed to others unused commitments with an original matu rity over 1 year less that conveyed to others FFIEC 031 032 and 033 is con verted at 50 Letters of credit are converted at 20 From March 31 1997 forward includes from RC L Outstanding principal bal ance of other financial assets From March 31 1997 forward includes from RC L Outstanding principal balance of other financial assets Total Off Balance Sh
28. Interest Expense Total interest expense divided by average assets Net Interest Income TE Total interest income plus the tax benefit on tax exempt income less total interest expense divided by average assets Noninterest Income Income derived from bank services and sources other than interest bear ing assets divided by average assets UBPR User s Guide March 2004 Noninterest Expense Salaries and employee benefits expenses of premises and the fixed assets and other noninterest expense divided by average assets Provision Loan Lease Losses Percent of Average Assets Provision for loan and lease financ ing receivables losses divided by average assets Pretax Operating Income TE Percent of Average Assets Net interest income on a tax equiva lent basis plus noninterest income less noninterest expenses the provi sion for loan and lease financing receivables losses and the provision for allocated transfer risk divided by average assets Realized Gain Loss Secs Pretax net gains for losses from the sale exchange retirement or redemption of securities not held in trading accounts After December 31 1993 includes available for sale and held to maturity transactions divided by average assets Pretax Net Operating Income TE Pretax operating income plus secu rities gains or losses divided by average assets Net Operating Income After tax net operating income including securities
29. Management Agency Dollar balance of investment man agement agency accounts as reported on schedule RC T item 7 columns a and b is displayed The dollar bal ance is also displayed as a percent age of total trust assets as reported on RC T item 9 columns a and b Finally managed assets as reported on RC T item 7 column a is displayed as a percentage of RC T item 7 col umns a and b Other Fiduciary Dollar balance of other fiduciary accounts as reported on schedule RC T item 8 columns a and b is dis played The dollar balance is also dis played as a percentage of total trust assets as reported on RC T item 9 columns a and b Finally managed assets as reported on RC T item 8 column a is displayed as a percent age of RC T item 8 columns a and b Total Fiduciary Assets Dollar balance of all fiduciary accounts both managed and non managed as reported on schedule RC T item 9 columns a and b Custody and Safekeeping The total balance of custody and safe keeping accounts as reported on schedule RC T item 10 column b Memo Accounts in Foreign Offices Dollar balance of fiduciary accounts held in foreign offices as reported on 11 77 schedule RC T item 11 columns a and b Managed assets as reported on RC T item 8 column a is displayed as a percentage of RC T item 11 col umns a and b Total Fiduciary and Related Accounts The number of managed and non managed fiduciary accounts is dis played by type
30. Margin Analysis Interest Income TE Average Earning Assets Total interest income on a tax equivalent basis divided by the aver age of the respective asset accounts involved in generating that income Interest Expense Average Earning Assets Total interest expense divided by the average of the respective asset accounts involved in generating interest income Net Interest Income TE Average Earning Assets Total interest income on a tax equivalent basis less total interest expense divided by the average of the respective asset accounts involved in generating interest income Interest Income TE To Average Earned Assets Loan amp Lease Analysis Net Loss to Average Total Loan amp Lease Gross loan and lease charge offs less gross recoveries includes allocated transfer risk reserve charge offs and recoveries divided by average total loans and leases Earnings Coverage of Net Loss X Net operating income before taxes securities gains or losses and extraor dinary items plus the provision for possible loan and lease financing receivable losses divided by net loan and lease losses UBPR User s Guide March 2004 Loan amp Lease Allowance Net Losses X Ending balance of the allowance for possible loan and lease financing receivable losses divided by net loan and lease losses If gross recoveries exceed gross losses NA is shown at this caption Capitalization Cash Dividends to Net Inco
31. Real estate loans secured by farmland from RC C Single and Multifamily Mortgage One to four and five or more family residential mortgages from RC C Home Equity Loans Home equity loans 1 4 family resi dential mortgages from RC C 1 4 Family Non Revolving All other loans secured by 1 4 family residential properties from RC C Multifamily Loans Five or more multifamily residential mortgages from RC C Non Farm Non Residential Mtg Non farm non residential mortgages from RC C RE Loans in Foreign Offices Average real estate loans in foreign offices from RC C used Agricultural Loans Average agricultural loans from RC K used Commercial and Industrial Loans Average commercial and industrial loans from RC K used Lease Financing Average lease financing form RC K used Loans to Individuals Average loans to individuals from RC K used Credit Card Plans From March 31 2001 forward aver age from RC K is used for all banks Prior to March 31 2001 average credit card loans from RC C for FFIEC 031 and 032 filers and RC K for 033 and 034 filers All Other Loans and Leases From March 31 2001 forward for banks filing call form 041 derived from RC K average total loans less loans secured by real estate commercial and industrial loans and loans to indi viduals For prior quarters available for banks filing call form 031 and 032 From March 31 2001 forward for banks filing call form 031 derived from
32. Section where the method of calculating each ratio is explained Exhibit I 1 charts the systematic process a user might follow in analyzing a bank s net income to average assets ratio Rather than trace each earning com ponent separately the analyst may review the earnings page in sequence to analyze the trend and interrela tionships of these components while tracing their causes Concurrently the analyst may identify conditions that may be cause for concern and find corroborative evidence of conditions noted during the review of the sum mary ratios This method allows for an orderly progression of thought and helps the analyst develop a per ception of the bank as a whole This method of page by page review may be extended to the other sec tions of the UBPR After completing the review of the last page of the report the user should have a rela tively comprehensive overview of the bank s financial condition and pos sibly a list of causes for concern that warrant further inquiry Using Peer Group State Average and Distribution Reports The UBPR Peer Group Report and State Average Report present ratio averages for peer groups and States respectively These reports are used to analyze conditions and trends in these banking industry groups The grouped averages do not constitute supervisory targets or ideal values Rather they are intended to provide some insight into the performance of similarly sized an
33. TO AVG EARN ASSET LOAN amp LEASE ANALYSIS NET LOSS TO AVERAGE TOTAL LN amp LS EARNINGS COVERAGE OF NET LOSS X LN amp LS ALLOWANCE TO NET LOSSES X LN amp LS ALLOWANCE TO TOTAL LN amp LS NON CUR LN amp LS TO GROSS LN amp LS LIQUIDITY NET NON CORE FUND DEPENDENCE NET LOANS amp LEASES TO ASSETS CAPITALIZATION TIER ONE LEVERAGE CAPITAL CASH DIVIDENDS TO NET INCOME RETAIN EARNS TO AVG TOTAL EQUITY RESTR NONAC RE ACQ TO EQCAP ALLL GROWTH RATES ASSETS TIER ONE CAPITAL NET LOANS amp LEASES SHORT TERM INVESTMENTS SHORT TERM NON CORE FUNDING 12 31 99 12 31 00 12 31 01 2 84 1 31 1253 2 19 2 62 0 08 1 02 0 22 1 24 0 82 0 72 0 82 89 02 64 91 3 19 1 47 1 72 0 56 6 32 2 88 1711 1 39 68 04 28 80 5 57 3718 710 1 01 9 60 0 25 12 31 2003 634 257 000 5 178 000 72 PEERI 442 9 127 57 3 13 8 2 04 68 3 01 31 0 32 12 1 86 13 0 06 93 1 94 15 129 17 127 15 129 N A 129 17 90 44 34 81 38 2 4 86 9 137 58 3 44 8 0 51 65 944 38 3 68 41 147 72 0 92 78 35 81 87 59 08 6 7 11 5 61 22 26 5 05 72 5 11 75 9 39 24 11 83 58 9 70 27 SUMMARY RATIOS 12 31 2001 449 423 500 2 530 000 69 BANK PEERI 5 32 6 35 12 3 24 2 93 70 2 08 3 44 10 2 55 2 07 72 3 61 3 30 65 0 38 0 49 45 0 64 LT 10 0 17 0 06 85 0 80 1 79 10 0 56 1 17 11 0 68 1 24 12 1 16 N A 1 16 86 99 89 98 18 69 51 79 94 i 6
34. WRITTEN OPTIONS EXCHANGE TRADED OVER THE COUNTER PURCHASED OPTIONS EXCHANGE TRADED OVER THE COUNTER SWAPS HELD FOR TRADING INTEREST RATE CONTRACTS FOREIGN EXCHANGE CONTRACTS EQUITY COMM amp OTH CONTRACTS NON TRADED INTEREST RATE CONTRACTS FOREIGN EXCHANGE CONTRACTS EQUITY COMM amp OTH CONTRACTS MEMO MARKED TO MARKET DERIVATIVE CONTRACTS RBC DEF ONE YEAR OR LESS OVER 1 YEAR TO 5 YEARS OVER 5 YEARS GROSS NEGATIVE FAIR VALUE GROSS POSTIVE FAIR VALUE BY TIER ONE CAPITAL GROSS NEGATIVE FAIR VALUE X GROSS POSTIVE FAIR VALUE X HELD FOR TRADING X NON TRADED X NON TRADED MARKED TO MKT X CURR CREDIT EXPOSURE X CREDIT LOSSES ON DERIVATIVES PAST DUE DERIVATIVE INSTRUMENTS FAIR VALUE CARRIED AS ASSETS OTHER RATIOS CUR CREDIT EXPOSURE RISK WT AST CREDIT LOSSES ON DERIVS CR ALLOW INCR DEC INTEREST INC NET INC INCR DEC INTEREST EXP NET INC INCR DEC NONINT ALLOC NET INC INCR DEC NET INCOME NET INC IMPACT OF NONTRADED DERIV CONTRACTS BANK 90 44 7 63 1 93 12 99 9 71 8 19 10 03 227 7 75 67 27 99 65 90 12 759 1 93 0 35 0 31 0 04 0 00 0 35 83 90 25 34 36 52 22 04 1 69 1 72 17 53 17 84 1 032 30 3 61 3 61 2 03 0 16 0 00 16 35 1 78 32 44 6 57 17 19 43 07 OFF BALANCE SHEET ITEMS amp DERIVATIVES ANALYSIS 12 31 2003 PEERI 84 45 4 07 0 62 15 02 7 49 0 16 7 02 5 04 0 28 4 13 61 00 42 37 32 58 3 61 0 29 34 75 40 8
35. a percentage of securitized1 4 family residential loans reported on RC S item 1 column a Home Equity Lines Dollar amount of credit exposure from retained interest only strips on home equity lines reported on RC S item 2 a column b as a percentage of securitized home equity lines reported on RC S item 1 column b Credit Card Receivables Dollar amount of credit exposure from retained interest only strips on credit card receivables reported on RC S item 2 a column c as a percent age of securitized credit card receiv ables reported on RC S item 1 col umnc Auto Loans Dollar amount of credit exposure from retained interest only strips on auto loans reported on RC S item 2 a column d as a percentage of securitized auto loans reported on RC S item 1 column d Commercial and Industrial Loans Dollar amount of credit exposure from retained interest only strips on UBPR User s Guide March 2004 commercial and industrial loans reported on RC S item 2 a column f as a percentage of securitized com mercial and industrial loans reported on RC S item 1 column f All Other Loans and Leases Dollar amount of credit exposure from retained interest only strips on other consumer loans plus all other loans reported on RC S item 2 a col umns e and g as a percentage of securitized other consumer loans plus all other loans reported on RC S item 1 columns e and g Retained Credit Enhancement The total of all
36. and g as a percentage of securitized other con sumer loans plus all other loans reported on RC S item 1 columns e and g Unused Commitments to Provide Liquidity Dollar amount of unused commit ments to provide liquidity to asset sold and securitized as reported on call item 3 columns a g as a percent age of all securitized assets from call schedule RC S item 1 columns a g Sellers Interest in Securities and Loans Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns b c and f as a percentage of all securitized assets from call schedule RC S item 1 columns a g Home Equity Lines Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items and 6 b column b as a percentage of home equity lines reported on RC S item 1 column b 65 Credit Card Receivables Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns c as a percentage of securitized credit card receivables reported on RC S item 1 column c Commercial and Industrial Loans Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns f as a percentage of securitized commercial and industrial loans reported on RC S item 1 colu
37. assumed tax rates See Section II Technical Information Earnings and Profitability Interest Incme TE All income from earning assets plus the tax benefit on tax exempt loans leases and municipal securities divided by average assets Interest Expense Total interest expense divided by average assets Net Interest Income TE Total interest income plus the tax benefit on tax exempt income less total interest expense divided by average assets Noninterest Income Income derived from bank services and sources other than interest bearing assets divided by average assets Noninterest Expense Salaries and employee benefits expenses of premises and fixed assets and other noninterest expense divided by average assets Provision Loan Lease Losses Provision for loan and lease financing receivables losses divided by average assets Pretax Operating Income TE Net interest income on a tax equivalent basis plus noninterest income less noninterest expenses the provision for loan and lease financing receivables losses and the provision for allocated transfer risk divided by average assets Realized Gain Loss Secs Pretax net gains or losses from the sale exchange retirement or redemption of securities not held in trading accounts After December 31 1993 includes available for sale and held to maturity transactions divided by average assets Pretax Net Operating Income TE Pretax opera
38. c It is also expressed as a percentage of income from cor porate trust and agency other fidu ciary custody and safekeeping and other related services accounts reported on RC T items 14 16 17 and 18 Total Gross Managed Losses Total fiduciary settlements sur charges and other losses on managed accounts reported on schedule RC T item 4 e column a plus gross losses reported on non managed accounts reported on RC T item 4 e column b less recoveries reported on RC T item 4 e column c It is also expressed as a percentage of total fiduciary and related services income reported on RC T item 19 Collective and Common Trust Funds The dollar amount of collective and common trust funds is displayed by 82 type of investment vehicle In addi tion individual totals are shown as a percentage of total collective and common trust funds Finally an annual growth rate is calculated Domestic Equity Dollar amount of domestic equity funds as reported on RC T memo randa item 3 a column b is displayed It is also expressed as a percentage of total collective investment funds reported on RC T memoranda item h column b International Global Equity Dollar amount of international global equity funds as reported on RC T memoranda item 3 b column b is displayed It is also expressed as a percentage of total collective invest ment funds reported on RC T memo randa item h column b Stock Bond Blend Dollar am
39. deposit categories previ ously detailed Federal Funds Purchased amp Resales Federal Funds purchased and secu rities sold under agreements to repurchase Federal Home Loan Bank Borrowing Maturing Under 1 Year From March 31 2001 forward includes information from schedule RC M Federal Home Loan Bank Advances with a Remaining Matu rity of One Year or Less RCFD2651 Memo Short Term Non Core Funding Fixed rate time certificates of deposit and open account time deposits of 100M or more that mature within one year Floating rate time certificates of deposit and open account time deposits of 100M or more that mature within one year Brokered deposits less than 100 000 and maturing within one year Other borrowing with remaining maturity one year or less Deposits in foreign offices with remaining maturity under one year Securities sold under agreements to repurchase and federal funds purchased Demand notes issued to the U S Treasury Not available calculated prior to March 1996 Federal Home Loan Bank Borrowing Maturing Over 1 Year From March 31 2001 forward includes information from schedule RC M Federal Home Loan Bank Advances with a Remaining Matu rity of One to Three Years RCFDB565 plus Federal Home Loan Bank Advances with a Remaining Maturity of Over Three Years RCFDB566 Other Borrowing Maturing Under 1 Year From March 31 2001 forward includes information from schedul
40. formance Consistent differences in peer group performance are appar ent over time For example the aver age non branch bank in a non met ropolitan area tends to have lower overhead lower non interest income higher profitability and higher capi tal ratios than similar sized branch banks located in metropolitan areas FDIC Insured Savings Banks Over 500 FDIC Insured Savings banks FDIC Insured Savings Banks Peer Group Descriptions Includes FDIC insured savings banks with the following characteristics Peer Group Number Assets 101 In excess of 1 billion 102 Between 300 million and 1 billion 103 Between 100 million and 300 million 104 Less than 100 million Asset figure used is latest quarterly average assets from the FFIEC call report Schedule UBPR User s Guide March 2004 are assigned to one of four primary asset based peer groups as defined in the table below Banks are grouped by asset size using 90 day average assets from call report schedule RC K This asset based grouping applies to all peer groups and is reviewed quarterly Savings banks continue to exhibit consistent differences in per formance when compared to insured commercial banks As a consequence this peer group comparison has proved to be useful Credit Card Specialty Banks Approximately 39 banks are assigned to one of three primary credit card specialty peer groups based on asset size Banks are groupe
41. gains or losses which does not include extraordi nary gains or losses divided by average assets Adjusted Net Oper Income Net operating income after taxes and securities gains or losses plus the pro vision for possible loan and lease losses less net loan and lease losses divided by average assets Net Income Adjusted Sub S Net income after securities gains or losses extraordinary gains or losses and applicable taxes divided by average assets adjusted for sub chap ter S status Estimated income taxes are substituted for any reported applicable income taxes for banks that indicate sub chapter S status Esti mated income taxes Federal income tax rates are applied to net income before extraordinary items and taxes plus non deductible interest expense to carry tax exempt securities less tax exempt income from securities issued by states and political subdivisions less tax exempt income from leases less tax exempt income from other obligations of states and political sub divisions See appendix A 3 for tax table Net Income Net income after securities gains or losses extraordinary gains or losses and applicable taxes divided by average assets Margin Analysis Average Earning Assets Average Earning Assets Year to date average of average total loans net of unearned income in domestic and foreign offices lease financing receivables obligations of the U S government states and political subdiv
42. held in trading accounts excluding gains losses commis sions and fees Other Interest Income Year to date other interest income This item is available from March 31 2001 forward Total Interest Income TE Sum of income on loans and leases on a tax equivalent basis plus invest ment income on a tax equivalent basis plus interest on interest bear ing bank balances plus interest on federal funds sold and security resales plus interest on trading account assets Interest on Deposits in Foreign Offices Year to date interest expense on deposits in Foreign Offices Reported by banks filing 031 call form Interest on Time Dep over 100M Year to date interest expense on time certificates of deposit of 100 thou sand or more Interest on All Other Deposits Year to date interest expense on all deposits except time certificates of deposit of 100 thousand or more and deposits held in foreign offices if applicable Interest on Federal Funds Purchased amp Repos Year to date expense of federal funds purchased and securities sold under agreements to repurchase Interest on Trading Liabilities and Other Borrowings Year to date interest on trading liabil ities demand notes note balances issued to the U S Treasury and on other borrowed money including Federal Home Loan Bank Interest on Mortgages amp Leases Year to date interest on mortgage 7 indebtedness and capitalized leases on ban
43. insight into the range of bank per formance that comprises an aver age UBPR data tapes which present all types of UBPR data in bulk for mat on magnetic tape This users guide contains basic guide lines for using the UBPR including a suggested method of analyzing the report technical information and ratio definitions The UBPR related statistical reports and the User s Guide are available on line at no charge via FFIEC Website FFIEC Gov Questions relating to details in this guide may be addressed to the Coordinator for Uniform Per formance Reports Federal Financial Institutions Examination Council Washington DC See the Title Page for the complete address iv Summary of Changes to the 2004 UBPR This information describes changes that are planned for the March 31 2004 UBPR Please note that the change to Earning Assets will be effective retroactively with the June 30 2004 UBPR Delivery of the Users Guide The Users Guide will continue to be made available to_all users through the FFIEC website http www ffiec aoa Sees D UBPR Available Online The UBPR will continue to be made available to bankers and the general public at no charge The UBPR por tion of the FFIEC website provides several other analytical tools to sup port the UBPR including Peer Group Data Report Peer Distribution Report and a List of Banks by Peer group Bankers and others may also use the Custom Pee
44. is allocated back to tax exempt loan amp lease income and tax exempt securities income The tax benefit is then added to pretax income and used in earnings presentations and yield ratios in the UBPR A Allocating Tax Benefit to Loans amp Leases and Securities Assign the estimated tax benefit from Part IT back to the two sources of tax exempt income as follows 1 Calculate the ratio of tax exempt loan amp lease income to total tax exempt income Tax exempt loan amp lease income see definitions of Preliminary Calculations Paragraph i Divided by total tax exempt income preliminary calculation I Equals ratio of tax exempt loan amp lease income Multiply the estimated tax benefit y By the ratio calculated in 1 Equals estimated tax benefit for tax exempt loan amp lease income From the total estimated tax benefit Subtract loan amp lease tax benefit from 2 Equals estimated tax benefit for tax exempt securities income UBPR User s Guide March 2004 A 3 B Using and Presenting Tax Benefits in the UBPR 1 The tax benefits allocated loans and securities allocated in A above are also presented separately on UBPR Page 02 For other than December reporting periods these figures must be de annualized by dividing by the annualization factor in Part II Tax benefits are included in various sub totals that appear on page 2 such as Total Interest Income TE and Pre Tax Net
45. items 16 a col umns A through D Derivative Contracts RBC Def Total derivative contracts as defined for risk based capital purposes or the sum of RC R items 2 a through f col umns A Band C For quarters prior to March 31 2001 this item is available only for banks that answer yes to RC R item 1 or have assets greater then 1 billion or otherwise complete all of RC R One Year or Less Total derivative contracts maturing one year or less as defined for risk based capital purposes or the sum of RC R memoranda items 2 a through f column A For quarters prior to March 31 2001 this item is available only for banks that answer yes to RC Ritem 1 or have assets greater then 1 bil lion or otherwise complete all of RC R Over 1 Year to 5 Years Total derivative contracts maturing one to five years as defined for risk based capital purposes or the sum of RC R memoranda items 2 a through f column B For quarters prior to March 31 2001 this item is available only for banks that answer yes to RC Ritem 1 or have assets greater then 1 bil lion or otherwise complete all of RC R Over 5 Years Total derivative contracts maturing over five years as defined for risk based capital purposes or the sum of RC R memoranda items 2 a through f col umn C For Quarters prior to March 31 2001 this item is available only for banks that answer yes to RC R item 1 or have assets greater then 1 bil lion or
46. measured Users should note that pri mary peer group data appears on pages 1 3 5 6 7 8 9 10 11 12 and 13 See section III for definitions of individual ratios Insured Commercial Bank Peer Groups Over 7 800 banks are assigned to one of 15 asset based primary insured commercial bank peer groups Peer groups are defined by up to three criteria as described in the table below Banks are first grouped by asset size using 90 day average assets from call report schedule RC K This asset based grouping applies to all peer groups and is reviewed quarterly Smaller asset groups are sub divided by the num ber of full service branches The num ber of full service branches is gath ered from the annual Summary of Deposits filed with the FDIC Those groupings are subdivided again by whether a bank is located in a metro politan area or not A metropolitan area is a Metropolitan Statistical Area MSA as defined by a federal agency the Office of Management and Bud get OMB De Novo or newly chartered insured commercial banks are compared to other banks that opened in the same year for a period of five years For example banks that were chartered in the year 2003 will be placed in peer group number 2003 and com pared to one another for five years After five years banks will be placed in one of the asset based peer groups 1 Insured Commercial Bank Peer Group Descriptions Peer Group Number of Numbe
47. on RC T item 19 PLUS Intercompany Credits The total of intracompany income credits as reported on schedule RC T item 22 It is also expressed as a per centage of gross fiduciary income as reported on RC T item 19 Net Fiduciary and Related Income Net fiduciary and related services in come as reported on schedule RC T item 23 Memo Fiduciary Income Foreign The memo amount of fiduciary and related service income foreign offices as reported on schedule RC T item 19 a It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Gross Fiduciary Income Noninterest Income Total fiduciary income as reported on schedule RC T item 19 expressed as a percentage of total non interest income reported in schedule RI item 5m 79 CERT TRUST PAGEIA CHARTER COUNTY FIDUCIARY AND RELATED SERVICES 12 31 2003 12 31 2002 FIDUCIARY INCOME FID ASSETS BANK PEER PCT BANK PEER PCT PERSONAL TRUST AND AGENCY N A 0 50 N A N A 0 63 EMPLOYEE BENEFIT DC N A 0 37 N A N A 0 58 EMPLOYEE BENEFIT DB N A 0 08 N A N A 0 10 OTHER RETIREMENT N A 0 46 N A N A 0 30 CORPORATE TRUST AND AGENCY N A 0 06 N A N A 0 06 INVESTMENT MANAGEMENT AGENCY N A 0 95 N A N A 1 56 OTHER FIDUCIARY N A 0 35 N A N A 0 21 TOTAL FIDUCIARY ASSETS N A 0 24 N A N A 0 24 CUSTODY AND SAFEKEEPING N A 0 03 N A N A 0 05 MEMO FIDUCIARY INCOME FOREIGN N A 1 02 N A N A 1 15 GROSS FIDUC
48. on non managed accounts reported on RC T memo randa item 4 a column b less recov eries reported on RC T item 4 a col umn c is displayed It is also expressed as a percentage of income on personal and trust agency accounts reported in RC T item 12 Retirement Trust and Agency The dollar amount of gross losses on managed retirement trust and agency accounts reported on schedule RC T memoranda item 4 b column a plus gross losses on non managed accounts reported on RC T memo randa item 4 b column b less recov eries reported on RC T memoranda item 4 b column It is also expressed as a percentage of income on retire ment related and agency accounts reported on RC T items 13 a b and c Investment Management Agency The dollar amount of gross losses on managed investment management agency accounts reported on sched ule RC T memoranda item 4 c col umn a plus gross losses on non managed accounts reported on schedule RC T memoranda item 4 c column b less recoveries reported on RC T item 4 c column c It is also expressed as a percentage of income in investment management agency accounts reported on RC T item 15 Other Fiduciary The dollar amount of gross losses on managed other fiduciary accounts and related services reported on schedule RC T memoranda item 4d column a plus gross losses on man aged accounts reported on schedule RC T memoranda item 4 d column b less recoveries reported on RC T item 4 d column
49. other credit enhance ments from call schedule RC S item 2 columns a g as a percentage of total of all securitized assets from call schedule RC S item 1 columns a g 1 4 Family Residential Loans Dollar amount of all other credit enhancements 1 4 Family Resi dential loans reported on RC S item 2 b column a as a percentage of securitized1 4 family residential loans reported on RC S item 1 col umn a Home Equity Lines Dollar amount of all other credit enhancements on home equity lines reported on RC S item 2 b column b as a percentage of home equity lines reported on RC S item 1 column b Credit Card Receivables Dollar amount of all other credit enhancements on credit card receiv ables reported on RC S item 2 b col umn c as a percentage of securitized credit card receivables reported on RC S item 1 column c Auto Loans Dollar amount of all other credit enhancements on auto loans reported on 5 item 2 b column d as a per centage of securitized auto loans reported on RC S item 1 column d Commercial and Industrial Loans Dollar amount of all other credit enhancements on commercial and industrial loans reported on RC S item 2 b column f as a percentage of securitized commercial and indus trial loans reported on RC S item 1 column f All Other Loans and Leases Dollar amount of all other credit enhancements on other consumer loans plus all other loans reported on RC S item 2 a columns e
50. otherwise complete all of RC R Gross Negative Fair Value For quarters from March 31 2001 for ward total of all derivative contracts with a negative fair value or the sum of RC L items 14a 2 b 2 and c 2 col umns A through D For prior quarters total of all derivative contracts with a negative fair value or the sum of RC L items 17a 2 b 2 and c 2 columns A through D Not available for banks filing FFIEC 034 Gross Positive Fair Value For quarters from March 31 2001 for ward total of all derivative contracts with a positive fair value or the sum of RC L items 14a 1 b 1 and c 1 col umns A through D For prior quarters total of all derivative contracts with a positive fair value or the sum of RC L items 17a 1 b 1 and c 1 columns A through D Not available for banks filing FFIEC 034 Held For Trading For quarters from March 31 2001 for ward total of all derivative contracts held for trading with a positive fair value or the sum of RC L items14 a 1 columns A through D For prior quar ters total of all derivative contracts held for trading with a positive fair value or the sum of RC L items17 A 1 columns A through D Not avail able for banks filing FFIEC 034 Non Traded For quarters from March 31 2001 for ward total of all derivative contracts not held for trading purposes with a positive fair value or the sum of RC L items 14 b 1 columns A through D For prior quarters total of all deriva t
51. reported on RC S item 2 a column d Comercial and Industrial Loans Dollar amount of credit exposure from retained interest only strips on commercial and industrial loans reported on RC S item 2 a column f All Other Loans and Leases Dollar amount of credit exposure from retained interest only strips on other consumer loans plus all other loans reported on RC S item 2 a col umns e and g Retained Credit Enhancements From March 31 2001 through December 31 2002 includes the total of All Other Credit Enhancements from call schedule RC S items RCFDB719 through RCFDB725 From March 31 2003 forward includes the total of Subordinated Securities Stand By Letters of Credit and All Other Credit Enhancements from call schedule RC S items RCFDC393 through RCFDC406 1 4 Family Residential Loans From March 31 2001 through December 31 2002 includes All Other Credit Enhancements on 1 4 Family Residential Loans reported on RC S item CFDB719 From March 31 2003 forward includes Subordinated Securities Stank by Letters of Credit and All Other Credit Enhancements from call schedule RC S items RCFDC393 plus RCFDC400 Home Equity Lines From March 31 2001 through December 31 2002 includes RC S All Other Credit Enhancements on Home Equity Lines reported on RC S item RCFDB720 From March 31 2003 forward includes Subordinated Securities Stand by Letters of Credit and All Other Credit Enhancements from call
52. reported on schedule RI B section b Recoveries Gross amount of recoveries on previ UBPR User s Guide March 2004 ously charged off loans and leases year to date From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Net Credit Losses Gross loan and lease losses less gross loan and lease recoveries From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Provision for Credit Losses Bank s provision for possible loan and lease losses charged to current operating expenses for the year to date From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Other Adjustments Amount of other increases decreases in the reserve including changes incident to mergers and absorption From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Ending Balance Beginning balance minus net loan and lease losses plus the provision for credit losses and other adjustments From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Average Total Loans and Leases Average total loans for the first report ing period of the year and for each subsequent reporting period divided by the number of reporting periods plus lease financing receivables out standing as of the last reporting period December
53. tax exempt obligations issued by state and local subdivisions Interest Bearing Bank Balances Interest on balances due from deposi tory institutions divided by the aver age of interest bearing balances due from depository institutions carried in domestic and foreign office Federal Funds Sold amp Resales Income on federal funds sold and securities purchased under agree ments to resell divided by the aver age of federal funds sold and securi ties purchased under agreements to resell Total Interest Bearing Deposits Interest on all interest bearing time and savings deposits in domestic and foreign offices divided by average interest bearing time and savings deposits in domestic and foreign offices UBPR User s Guide March 2004 Transaction Accounts Interest on transaction accounts NOW accounts ATS accounts and telephone and preauthorized trans fer accounts divided by the average balance of such deposits Other Savings Deposits For quarters from March 31 2001 for ward includes interest on other sav ings deposits all nontransaction accounts and time deposits divided by the average of such deposits For quarters prior to March 31 2001 excludes MMDA s Time Dep of 100M or More Interest on time certificates of deposit of 100 thousand or more issued by domestic offices divided by the aver age of domestic time certificates of deposit of 100 thousand or more From March 31 1997 time depo
54. the latest data date for the edition Each record will contain approximately 33 ratio averages plus total assets and total net income All of the above items as well as individual bank UBPRs are available for purchase by the general public UBPR Data Tapes Requests for or inquiries about UBPR data tapes should be made to Federal Financial Institutions Council UBPR Coordinator 3501 Fairfax Drive Room 3086 Arlington VA 22226 3550 Phone number 703 516 5732 E MAIL jsmullen fdic gov B 1
55. to finance agricultural produc tion item 3 plus loans to foreign gov ernments item 6 plus all other loans item 7 plus lease financing receiv ables item 8 as a percentage of securitized other consumer loans plus all other loans reported on call sched ule RC S item 1 columns e and g plus total loans and leases RC C item 12 less revolving lines secured by 1 4 family properties1 c 1 less closed end loans secured by 1 4 family prop erties item1 c 2 less loans to individu als item on credit cards 6 a less other consumer loans item RC C 6 c less commercial and industrial loans from RC C item 4 Denominator is aver aged for 5 quarters Net Losses on Managed Assets Annualized net chargeoffs on securitized loans and leases as reported on schedule RC S columns a g item 5a less 5b plus net chargeoffs on loans and leases as reported in RI B items 1 through8 column less as a percentage of all securitized loans and leases as reported in schedule RC S item 1 columns a g plus total loans as reported on schedule RC C item 12 Denominator is averaged for 5 quarters 72 SUMMARY INFORMATION FOR BANKS IN STATE STAVG AVERAGE FOR ALL INSURED COMMERCIAL BANKS IN STATE BANKS WITH ASSETS MILL 12 31 2003 12 31 2003 12 31 2001 12 31 1999 25 100 NA EARNINGS AND PROFITABILITY PERCENT OF AVERAGE ASSETS INTEREST INCOME TE 477 6 78 7 05 4 87 INTEREST EXPENSE 1 26 2 84 2 96 1 20 NET INTEREST INCOME TE 3 43 3 89 4 12 3 6
56. 0 0 0 EMPLOYEE BENEFIT DB 0 N A N A 0 0 0 OTHER RETIREMENT 0 0 0 0 CORPORATE TRUST AND AGENCY 0 N A N A 0 0 N A INVESTMENT MANAGEMENT AGENCY 0 0 0 0 OTHER FIDUCIARY 0 N A N A 0 0 N A CUSTODY AND SAFEKEEPING 0 N A N A 0 0 N A OTHER RELATED SERVICES 0 N A N A 0 0 N A GROSS FIDUCIARY AND REL INCOME LESS EXPENSES 0 N A N A 0 0 N A LESS NET LOSSES 0 N A N A 0 0 N A PLUS INTRACOMPANY CREDITS 0 N A N A 0 0 NET FIDUCIARY AND RELATED INC MEMO FIDUCIARY INCOME FOREIGN N A N A N A 0 0 N A GROSS FIDUCIARY INC NONINT INC 0 N A N A 0 0 UBPR User s Guide March 2004 76 UBPR Page TRUST 1 Fiduciary and Related Activities Information on fiduciary and related services is reported by banks on call schedule RC T This information is available from December 31 2001 for ward however several reporting limitations apply Depending on asset size and the percentage of trust and related revenue to total income an individual institution may be required to report certain items quar terly annually or not at all Please see instructions for the report of con dition and income on www ffiec gov for details Additionally all informa tion on fiduciary income as reported on RC T items 12 through 23 and memorandum item 4 are considered confidential While confidential information is provided to regula tory users it is not made available on the public UBPR website Individual banks should contac
57. 0 51 167 19 50 1914 CAPITAL ANALYSIS BANK 5 26 28 45 28 45 25 09 9 99 9 67 0 32 96 80 6 19 49 87 7 25 14 18 5 23 0 06 0 07 19 54 12 31 2001 0 1 476 000 16 020 000 16 149 000 372 000 0 33 273 000 9 467 000 22 201 000 2 530 000 0 10 949 000 0 146 000 2 450 000 103 000 33 273 000 4 719 000 20 000 23 000 1 739 000 6 501 000 0 PEERI 7 34 17 87 17 87 139 36 14 10 9 65 3 80 68 34 8 34 18 88 3 49 2 22 11 90 0 02 1 68 17 51 PAGE 11 12 31 1999 0 1 211 000 11 066 000 7 376 000 1 261 000 0 18 392 000 5 430 000 19 284 000 3 788 000 0 0 0 50 000 3 175 000 1 555 000 18 392 000 2 544 000 26 000 62 000 1 027 000 3 659 000 19 000 BANK PEERI 7 10 8 26 2952 1917 2952 19 7 29 52 127 67 20 10 17 45 16 85 1126 325 3 55 83 82 66 17 5 54 7 74 4 63 11 90 16 59 1 54 13 83 3 43 5 58 10 80 0 14 0 04 0 34 1 05 19 89 16 65 UBPR User s Guide March 2004 48 UBPR Page 11 Capital Analysis This page presents end of period capital by call report definition a rec oncilement of total equity capital from period to period an analysis of intangible assets and a series of capi tal ratios Ratios using after tax income and dividends have been adjusted for assumed tax rates See Section II Technical Information End of Period Capital 000 The dollar figures for eac
58. 00 with a remaining maturity of one year or less Time deposits of 100M or more with a remaining maturity of one year or less Other borrowed money with remaining maturity 1 year or less Deposits in foreign offices with remaining maturity 1 year or less Securities sold under agreements to repurchase and federal funds purchased Demand notes issued to the U S Treasury Not available from March 31 2001 forward Not available prior to March 1996 Non Current Debt Securities amp Other Assets Displays dollar data for non current debt securities from schedule RC N and RC B Debt Securities 90 Days P D Total Non Current Debt Sec Fair Value Structured Notes Percent of Total Assets Each category is divided by total assets at the end of the period Short Term Investments Temporary investments divided by total assets UBPR User s Guide March 2004 Marketable Equity Securities MES Investments in mutual funds and other equity securities with readily determinable values divided by total assets Core Deposits Core deposits divided by total assets S T Non Core Funding Short term non core funding divided by total assets Liquidity Ratios Net S T Non Core Funding Dependence Short term non core funding less short term investments divided by long term assets Available from March 1996 forward Net Non Core Funding Dependence Non core liabilities less short term investments div
59. 000 5 86 ALL COMMON amp PREFERRED CAPITAL 37 491 000 33 273 000 18 392 000 5 49 TOTAL LIBILITIES amp CAPITAL 628 662 000 537 826 000 332 198 000 1 01 MEMORANDA OFFICER SHAREHOLDER LOANS 13 9 4 OFFICER SHAREHOLDER LOANS 66 000 114 000 4 000 43 59 NON INVESTMENT ORE 128 000 41 000 29 000 23 08 LOANS HELD FOR SALE 20 359 000 4 515 000 2 241 000 17 05 HELD TO MATURITY SECURITIES 176 000 442 000 724 000 55 56 AVAILABLE FOR SALE SECURITIES 53 625 000 52 916 000 54 770 000 32 44 ALL BROKERED DEPOSITS 0 1 000 66 000 100 00 UBPR User s Guide March 2004 13 UBPR Page 04 Balance Sheet Assets Liabilities and Capital 000 This page presents end of period fig ures to facilitate comparison of asset and liability composition from period to period The major compo nents of total assets have been aligned into earning and nonearning asset categories to facilitate earning asset analysis Annual and one quarter percentage changes are provided for most of the data presented on this page The annual changes are the percent change from the prior year compa rable quarter to the current quarter One quarter change is the percent change from the immediate prior quarter to the current quarter Data on this page comes from Report of Condition schedules RC RC B RC C RC D and RC E There is a single version of this page for all banks Assets Real Estate Loans Total of domestic office loans secured
60. 00M 661 000 972 000 786 000 INTEREST ON ALL OTHER DEPOSITS 947 000 1 683 000 1 295 000 INT ON FED FUNDS PURCH amp REPOS 1 618 000 3 841 000 1 694 000 INT TRAD LIAB amp OTH BORROWINGS 2 777 000 2 796 000 852 000 INT ON MORTGAGES amp LEASES NA NA NA INT ON SUB NOTES amp DEBENTURES 446 000 599 000 421 000 TOTAL INTEREST EXPENSE 8 327 000 14 578 000 8 474 000 NET INTEREST INCOME TE 9 683 620 9 330 520 6 923 700 NONINTEREST INCOME 13 859 000 11 444 000 7 914 000 ADJUSTED OPERATING INCOME TE 23 542 620 20 774 520 14 837 700 NON INTEREST EXPENSE 16 590 000 16 203 000 8 871 000 PROVISION LOAN amp LEASE LOSSES 512 000 1 707 000 220 000 PRETAX OPERATING INCOME TE 6 440 620 2 864 520 5 746 700 REALIZED G L HLD TO MATURITY SEC 0 0 0 REALIZED G L AVAIL FOR SALE SEC 1 423 000 752 000 79 000 PRETAX NET OPERATING INC TE 7 863 620 3 616 520 5 825 700 APPLICABLE INCOME TAXES 2 657 000 1 065 000 2 035 000 CURRENT TAX EQUIV ADJUSTMENT 28 620 20 520 2 700 OTHER TAX EQUIV ADJUSTMENTS 0 0 0 APPLICABLE INCOME TAXES TE 2 685 620 1 085 520 2 037 700 NET OPERATING INCOME 5 178 000 2 531 000 3 788 000 NET EXTRAORDINARY ITEMS 0 1 000 0 NET INCOME 5 178 000 2 530 000 3 788 000 CASH DIVIDENDS DECLARED 1 925 000 2 450 000 3 175 000 RETAINED EARNINGS 3 253 000 80 000 613 000 MEMO NET INTERNATIONAL INCOME 2 013 000 2 552 000 2 340 000 UBPR User s Guide March 2004 6 UBPR Page 02 Income Statement Revenues amp Expenses 000 T
61. 04 reported on RC T item 14 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Investment Management Agency Total amount of income from invest ment management agency accounts as reported on RC T item 15 It is also expressed as a percentage of gross fiduciary income as reported on RC item 19 Other Fiduciary Accounts Total amount of income from other fiduciary accounts as reported on RC T item 16 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Custody and Safekeeping Total amount of income from cus tody and safekeeping accounts as reported on RC T item 17 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Other Fiduciary and Related Services Income Total amount of income from other fiduciary and related services as reported on RC T item 18 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Gross Fiduciary and Related Income Gross amount of fiduciary and related income as reported on RC T item 19 LESS Expenses The total of expenses as reported in schedule RC T item 20 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 LESS Net Losses Net losses from fiduciary activities as reported in schedule RC T item 21 It is also expressed as a percent age of gross fiduciary income as reported
62. 04 58 0 00 0 10 42 0 00 0 07 NONACCRUAL 0 86 041 82 4 72 0 71 91 4 84 0 56 TOTAL 0 86 0 48 79 4 72 0 84 91 4 84 0 68 30 89 DAYS P D 3 89 0 76 91 5 54 1 33 97 SINGLE amp MULTI MTG 90 DAYS 0 00 0 29 20 0 00 0 30 17 0 00 0 25 NONACCRUAL 0 49 0 37 67 0 54 0 43 68 0 49 0 35 TOTAL 0 49 0 75 45 0 54 0 83 38 0 49 0 73 30 89 DAYS P D 1 31 0 99 71 0 80 141 31 NON FARM RESI MTG 90 DAYS P D 0 00 0 06 39 0 61 0 10 97 0 00 0 06 NONACCRUAL 0 52 0 63 42 0 61 0 71 51 147 0 77 TOTAL 0 52 0 73 35 1 23 0 83 72 1 47 0 85 30 89 DAYS P D 1 40 0 47 90 2 32 0 93 87 RE LNS FOR OFF 90 DAYS P D 0 00 0 00 91 0 36 0 00 97 NA 0 00 NONACCRUAL 15 73 0 12 98 198 0 07 91 0 00 TOTAL 15 73 0 15 98 2 34 0 12 91 NA 0 00 30 89 DAYS P D 80 90 0 17 98 2 88 0 11 94 COML amp INDUST LNS 90 DAYS P D 0 09 0 10 56 0 01 0 12 24 0 00 0 07 NONACCRUAL 4 17 1 38 97 2 90 1 91 81 1 87 0 91 TOTAL 4 26 1 51 97 2 91 2 06 78 1 87 1 00 30 89 DAYS P D 0 90 0 61 73 0 45 112 15 LOANS TO INDIVDLS 90 DAYS P D 0 02 0 23 17 0 04 0 32 25 0 24 0 61 NONACCRUAL 0 48 0 21 84 0 66 0 23 85 0 48 0 11 TOTAL 0 50 0 49 61 0 71 0 62 64 0 72 0 80 30 89 DAYS P D 1 61 1 55 53 2 16 247 55 UBPR User s Guide March 2004 36 UBPR Page 08 Analysis of Past Due Nonaccrual and Restructured Loans and Leases These pages analyze non current debt consisting of loans and leases in past due or nonaccrual status including those that had been restruc tured and curre
63. 12 7 09 3 73 3 25 81 3 84 0 70 0 67 60 3 90 6 96 34 2 81 2 97 55 1 63 01 12 31 1999 295 054 750 3 788 000 68 BANK PEERI 5 22 6 77 2 87 3 25 2 35 3 56 2 68 2 34 3 01 3 46 0 07 0 27 1 95 2 13 0 03 0 00 1 97 2 12 1 28 1 35 1 13 1 35 1 35 1 28 1 35 9017 90 63 7113 7743 5 79 7 50 3 19 3 58 2 60 3 94 0 52 0 43 882 11 14 3 33 4 24 1 70 1 45 1 08 0 77 66 74 40 83 39 30 63 64 6 00 7 04 83 82 66 06 3 25 5 05 11 96 13 63 4 09 1741 169 1226 UBPR User s Guide March 2004 3 UBPR Page 01 Summary Ratios The earnings and balance sheet ratios and other information presented on this page provide a synopsis of the bank s condition and serve as a guide to more detailed data presented else where in the UBPR Ratios using after tax income and dividends have been adjusted for assumed tax rates See Section II Technical Information Average Assets 000 A year to date average of the average assets reported in the Report of Con dition Schedule RC K Thus for the first quarter of the year the average assets from Call Schedule RC K quar ter will appear while at the end of year assets for all four quarters would be averaged Net Income 000 The year to date amount of net income shown in the Report of Income after applicable taxes net securities gains or losses and net extraordinary items Banks in Peer Group Total number of banks in the bank s peer group
64. 3 NONINTEREST INCOME 0 84 0 87 0 96 0 55 NON INTEREST EXPENSE 3 03 3 23 3 42 3 47 PROVISION LOAN amp LEASE LOSSES 0 18 0 23 0 17 0 25 PRETAX OPERATING INCOME TE 127 1 35 1 69 0 74 SECURITIES GAINS LOSSES 0 06 0 03 0 00 0 04 PRETAX NET OPERATING INC TE 1 36 138 1 69 0 79 NET OPERATING INCOME 0 86 0 84 1 06 0 43 ADJUSTED NET OPERATING INCOME 0 90 0 94 11 041 NET INCOME ADJUSTED SUB S 0 86 0 87 1 06 0 42 NET INCOME 0 86 0 87 1 06 0 43 MARGIN ANALYSIS AVG EARNINGS ASSETS TO AVG ASSETS 92 50 93 05 93 33 92 53 AVG INT BEARING FUNDS TO AVG AST 74 12 74 02 74 30 70 41 INT INC TE TO AVG EARN ASSETS 5 18 7 29 7 57 5 25 INT EXPENSE TO AVG EARN ASSETS 1 36 3 06 3 18 1 30 NET INT INC TE TO AVG EARN ASSET 3 74 4 20 4 43 3 91 LOAN amp LEASE ANALYSIS NET LOSS TO AVERAGE TOTAL LN amp LS 0 28 0 26 0 21 0 45 EARNINGS COVERAGE OF NET LOSS X 12 39 2111 19 27 12 96 LN amp LS ALLOWANCE TO NET LOSSES X 6 68 8 76 8 74 11 41 LN amp LS ALLOWANCE TO TOTAL LN amp LS 1 35 147 1 50 129 LIQUIDITY NET NON CORE FUNDING DEPENDENCE 11 81 12 24 16 69 1 35 NET LOANS amp LEASES TO ASSETS 47 09 54 33 54 04 47 96 CAPITALIZATION TIER ONE LEVERAGE CAPITAL 9 69 9 66 9 90 1177 CASH DIVIDENDS NET INCOME 24 70 33 17 33 26 18 45 RETAIN EARNS TO AVG TOTAL EQUITY 5 51 448 6 11 138 GROWTH RATES ASSETS 9 99 10 51 9 65 3 33 TIER ONE CAPITAL 11 06 73 7 45 3 00 NET LOANS amp LEASES 9 32 6 57 12 97 5 25 SHORT TERM INVESTMENTS 7 82 28 00 1 58 15 43 SHORT TERM N
65. 3 0 37 80 0 83 0 39 87 1 05 0 98 CMO amp REMIC MTG BACKED SECS 0 00 0 25 84 0 00 0 11 82 0 26 0 36 ASSET BACKED SECURITIES 0 00 0 00 91 0 00 0 00 95 NA 0 00 OTHER DOMESTIC DEBT SECS 0 00 0 21 72 0 00 0 30 77 0 00 0 61 FOREIGN DEBT SECURITIES 0 00 0 01 78 0 00 0 01 81 0 00 0 03 TOTAL HELD TO MATURITY 0 33 3 47 57 0 83 2 63 65 1 30 5 89 AVAILABLE FOR SALE TOTAL SECS US TREASURY amp GOVT AGENCIES 18 98 14 85 69 1800 12 72 70 28 30 18 99 MUNICIPAL SECURITIES 1 39 3 30 52 1 46 3 52 44 0 31 3 70 PASS THROUGH MTG BACKED SECS 5799 8097 76 54 16 30 96 T 40 89 2719 CMO amp REMIC MTG BACKED SECS 3 80 13 95 43 017 1491 20 952 11 92 ASSET BACKED SECURITIES 3 40 3 81 76 0 00 549 42 NA 0 00 OTHER DOMESTIC DEBT SECS 0 40 9 28 19 0 01 7 49 12 0 4 1212 FOREIGN DEBT SECURITIES 13 66 0 38 97 25 18 0 67 97 17 52 1 62 INV MUT FND amp OTH MKTBL 0 46 0 81 52 0 20 1 70 37 0 43 1 01 OTHER EQUITY SECURITIES NA 0 00 98 NA 0 00 98 0 80 2 88 TOTAL AVAILABLE FOR SALE 99 67 93 53 42 99 17 9379 34 98 70 88 57 OTHER SECURITIES RATIOS APP DEP HI RISK amp STRUC TICAP 0 00 0 00 94 0 00 0 00 91 0 00 0 02 APP DEP IN HTM SEC TO HTM SEC 5 38 1 02 90 3 07 0 60 90 1 40 0 67 APP DEP IN HTM SEC TO EQY CAP 0 03 0 09 71 0 04 0 10 0 05 0 37 PLEDGED SECURITIES TO TOT SEC 83 82 54 81 80 92 99 51 84 91 54 83 59 63 UBPR User s Guide March 2004 44 UBPR Page 10 Liquidity and Investment Portfolio The top portion of this page presents dol
66. 3 000 2 189 000 NA INSURANCE COMM amp FEES 8 000 10 000 NA NET SERVICING FEES 73 000 372 000 NA LOAN amp LSE NET GAIN LOSS 687 000 115 000 NA OTHER NET GAINS LOSSES 0 7 000 NA OTHER NONINTEREST INCOME 2 841 000 2 200 000 4 126 000 NONINTEREST INCOME 13 859 000 11 444 000 7 914 000 PERSONNEL EXPENSE 8 457 000 7 773 000 4 600 000 OCCUPANCY EXPENSE 3 620 000 2 626 000 1 372 000 GOODWILLL IMPAIRMENT 0 NA NA OTHER INTANGIBLE AMORTIZ 17 000 NA NA OTHER OPER EXP INCL INTANGIBLES 4 496 000 5 804 000 2 899 000 TOTAL OVERHEAD EXPENSE 16 590 000 16 203 000 8 871 000 DOMESTIC BANKING OFFICES 541 548 467 FOREIGN BRANCHES 158 158 136 ASSETS PER DOMESTIC OFFICE 693 741 532 879 433 032 PERCENT OF AVERAGE ASSETS BANK PEERI BANK PEERI BANK PEERI PERSONNEL EXPENSE 133 141 39 173 145 15 1 56 148 OCCUPANCY EXPENSE 0 57 039 90 058 041 90 0 46 044 OTHER OPER EXP INCL INTANGIBLES O71 147 19 129 141 54 0 98 146 TOTAL OVERHEAD EXPENSE 2 62 3 01 31 3 61 330 65 301 346 OVERHEAD LESS NONINT INC 04 090 20 106 120 35 032 116 OTHER INCOME amp EXPENSE RATIOS EFFICIENCY RATIO 7047 5733 83 7799 5935 91 59 79 5811 AVG PERSONNEL EXP PER EMPL 000 110 88 62 38 94 115 32 60 00 95 110 68 52 70 ASSETS PER EMPLOYEE MILLION 824 499 87 798 474 88 799 433 YIELD ON OR COST OF TOTAL LOANS amp LEASES TE 459 546 17 730 756 32 7 05 8 02 LOANS IN DOMESTIC OFFICES 464 544 16 732 753 34 7 11 8 04 REAL ESTATE 485 5 43 15 671 767 8 689 819 COMMERCIAL amp IND
67. 31 of the preceding year and for each reporting period during the year divided by the num ber of reporting periods See Section II Technical Information for more infor mation concerning the calculation of averages Analysis Ratios Loss Provision to Average Assets Provisions for possible credit losses divided by average assets From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Recoveries to Prior Period Losses Gross credit recoveries in the current year divided by gross credit losses of the preceding year From March 31 1998 includes credit transactions Prior periods include loan and lease activity only Net Loss to Average Total Loan amp Lease Gross loan and lease charge offs less gross recoveries divided by average total loans and leases If gross recov eries exceed gross losses NA is shown at this caption Gross Loss to Average Total Loans amp Leases Gross loan and lease losses divided by average total loans and leases Recoveries to Average Total Loans amp Leases Gross loan and lease recoveries divided by average total loans and leases Loan and Lease Allowance to Total Loans amp Leases The ending balance of the allowance for loan and lease losses divided by total loans and leases Loan and Lease Allowance to Net Losses X The ending balance of the allowance for loan and lease losses divided by net loan and lease losses If gros
68. 4 c 2 col umns A through D Over The Counter For quarters from March 31 2001 for ward total purchased options which are traded over the counter or the sum of RC L items 11 d 2 columns A through D For prior quarters total purchased options which are traded over the counter or the sum of RC L items 14 d 2 columns A through D Swaps For quarters from March 31 2001 for ward total swaps or the sum of RC L items 11 e columns A through D For prior quarters total swaps or the sum of RC L items 14 e columns A through D Held For Trading For quarters from March 31 2001 for ward total derivative contracts held for trading or the sum of RC L item 12 columns A through D For prior quarters total derivative contracts held for trading or the sum of RC L item 15 columns A through D Interest Rate Contracts For quarters from March 31 2001 for ward total interest rate contracts or RC L item 12 column A For prior quarters total interest rate contracts or RC L item 15 column A 20 Foreign Exchange Contracts For quarters from March 31 2001 for ward total foreign exchange contracts or RC L item 12 column B For prior quarters total foreign exchange con tracts or RC L item 15 column B Equity Commodity and Other Contracts For quarters from March 31 2001 for ward total equity commodity and other contracts or the sum of RC L items 12 columns C and D For prior quarter s total equity c
69. 43 GROSS LOSS TO AVERAGE TOT LN amp LS 0 78 0 65 71 0 80 0 81 58 0 64 0 58 RECOVERIES TO AVERAGE TOT LN amp LS 0 22 0 13 89 0 10 0 12 48 0 12 0 15 LN amp LS ALLOWANCE TO TOTAL LN amp LS 1 71 1 47 72 1 84 1 63 65 1 70 1 45 LN amp LS ALLOWANCE TO NET LOSSES X 2 88 3 68 41 2 81 2 97 55 3 33 4 24 LN amp LS ALL TO NONACCURAL LN amp LS X 1 25 2 36 137 1 95 1 64 3 07 EARN COVER OF LN amp LS LOSS 6 32 9 44 38 3 90 6 96 34 882 11 14 NET LOSSES BY TYPE OF LN amp LS REAL ESTATE LOANS 0 02 0 17 27 0 05 0 20 31 0 01 0 08 LOANS TO FINANCE COMML REAL EST 0 17 0 08 4 0 55 0 07 90 0 10 0 01 CONTRUCTION amp LAND DEV 0 00 0 06 46 0 30 0 08 92 0 00 0 00 SECURED BY FARMLAND 0 00 0 04 75 0 00 0 28 64 0 00 0 02 SINGLE amp MULTI FAMILY MORTGAGE 0 03 0 16 30 0 06 0 15 41 0 04 0 11 HOME EQUITY LOANS 0 00 0 13 23 0 04 0 18 35 0 06 0 13 1 4 FAMILY NON REVOLVING 0 03 0 19 34 0 06 0 13 54 0 04 0 11 MULTIFAMILY LOANS 0 00 0 01 76 0 00 0 03 71 0 00 0 01 NON FARM NON RESIDENTIAL MTG 0 11 0 11 2 0 21 0 17 2 0 59 0 01 RE LOANS IN FOREIGN OFFICES 0 00 0 01 90 0 00 0 01 88 NA 0 00 AGRICULTURAL LOANS 0 00 0 13 68 0 00 0 30 64 NA 0 23 COMMERCIAL AND INDUSTRIAL LOANS 2 36 1 07 91 2 52 1 40 84 2 13 0 52 LEASE FINANCING 0 55 0 56 60 0 38 0 45 58 0 33 0 24 LOANS TO INDIVIDUALS 0 73 126 27 0 83 1 21 38 0 95 1 42 CREDIT CARD PLANS NA 2 04 53 0 00 1 83 37 4 70 3 17 ALL OTHER LOANS amp LEASES 0 03 0 17 47 0 10 0 30 60 0 01 0 36 LOANS TO FOREIGN GOVERNMENTS 0 00 0 00 94
70. 5 0 17 0 01 34 75 82 51 23 33 30 91 19 26 1 41 1 45 0 22 0 22 11 54 2 62 2 62 0 13 0 00 0 00 1 16 0 03 3 67 0 29 0 17 4 46 BANK 86 85 10 53 2 63 15 28 10 94 1 64 9 30 997 1 79 8 17 63 81 99 45 86 32 10 50 2 63 0 55 0 53 0 02 0 00 0 55 81 25 29 21 32 59 19 44 155 1 59 11 28 11 71 732 98 4 08 4 08 2 44 1 19 0 00 20 25 11 48 9 88 4 98 13 91 0 95 12 31 2001 75 71 8 83 0 29 25 96 5 86 0 17 5 03 6 09 021 5 08 4910 44 74 33 84 7 94 0 19 31 86 38 54 0 41 0 01 31 86 81 27 33 18 12 03 1 06 1 28 0 15 0 15 9 39 2 34 2 34 0 10 0 00 0 00 0 95 0 01 1 89 1 39 0 74 1 42 98 98 18 30 PAGE 05B 12 31 1999 BANK PEERI 8603 80 66 12 6 11 89 1 01 0 45 29 87 22 49 5 85 5 18 8 0 15 4 72 4 75 5 65 9 53 0 90 0 51 4 74 841 58 64 55 09 97 60 44 59 8371 30 43 12 87 9 43 1 01 0 41 240 3847 232 4293 0 08 0 85 0 00 0 01 0 29 9 41 85 1 85 02 4172 3023 3199 3487 12 20 13 06 0 99 0 97 1 03 1 00 6 74 0 17 6 96 0 16 662 42 10 84 16 30 2 88 1 95 0 54 1 99 0 09 0 01 0 00 0 01 0 00 15 63 0 80 0 09 0 00 4 46 1 55 2 24 1 00 10 01 0 38 7 79 3 15 UBPR User s Guide March 2004 23 UBPR Page 5B Derivatives Analysis This page presents the amounts of derivatives and related information in percentage format generally in comparison to total derivatives The infor
71. 8 8 INSURED BROKERED DEP DIRECT amp INDIRECT INV INRE 8 LOANS HELD FOR SALE 8 BALANCE SHEET PERCENTAGE COMPOSITION OF ASSETS AND LIABILITIES 8 12 31 2003 8 BANK 2825 5721 1 97 2 03 0 56 0 89 29 66 58 92 1 43 1 03 14 74 3 28 29 83 131 0 04 0 93 10 96 19 23 86 66 8 90 3 13 3 36 0 97 1 01 0 02 0 05 9 24 6 53 13 35 1110 100 01 100 00 7 91 3 60 441 6 98 0 35 1 53 1104 2342 5 51 8 86 1 00 8 94 22 30 52 98 6 53 7 03 20 22 4 36 49 06 66 68 16 67 9 91 0 00 3 87 22 26 4 89 30 39 23 44 4 92 3 11 9291 9023 1 30 121 5 80 8 41 100 01 100 00 0 00 2 40 0 00 147 0 00 0 00 14 35 3 53 6 54 20 27 38 84 87 35 68 2 18 0 59 37 26 4 99 11 78 17 98 0 11 13 84 85 96 4 89 1 08 0 01 8 06 14 03 99 99 8 87 6 44 0 38 9 18 6 24 2 09 24 33 8 41 26 25 59 00 14 41 0 18 14 09 36 17 4 87 92 55 1 60 5 85 100 00 0 00 0 00 0 00 1 83 PEER1 60 87 2 48 0 97 63 04 0 81 3 40 1 14 0 70 15 76 8 15 4 20 1 04 0 04 6 24 11 85 100 00 414 822 133 20 09 7 81 11 35 51 86 7 81 5 02 66 96 8 84 2 94 26 69 2 95 90 03 1 46 8 36 100 00 2 14 1 27 0 01 2 90 12 31 2001 8 PCT 7 47 12 7 92 22 34 81 12 31 1999 8 BANK 40 64 3 10 0 84 42 90 3 65 9 21 15 73 0 33 16 77 8 59 4 59 1 07 0 04 5 72 11 42 100 01 11 99 6 98 0 42 8 49 TAS 227 25 29 8 77
72. 9 columns c and d Finally managed accounts as reported on RC T item 5 b column is displayed as a percentage of RC T item 5 b col umns c and d Other Retirement Number of other retirement accounts as reported on schedule RC T item 5 c columns c and d is displayed The dollar balance is also displayed as a percentage of total number of trust accounts as reported on RC T item 9 columns c and d Finally man aged accounts as reported on RC T item 5 c column c is displayed as a percentage of RC T item 5 c columns cand d Corporate Trust and Agency Number of corporate trust and agency accounts as reported on schedule RC T item 6 columns c and c is displayed The number of accounts is also displayed as a per centage of the total number off trust accounts as reported on RC T item 9 columns c and d Finally managed accounts as reported on RC T item 6 column c is displayed as a percent age of RC T item 6 columns c and d Investment Management Agency Number of investment management agency accounts as reported on schedule RC T item 7 columns c and d is displayed The number of accounts is also displayed as a per centage of the total number of trust accounts as reported on RC T item 9 columns c and d Finally managed accounts as reported on RC T item 7 column c is displayed as a percent age of RC T item 7 columns c and d Other Fiduciary Number of other fiduciary accounts as reported on schedule RC T item 8
73. 974 000 7 689 000 4 064 000 OTH BORROWING MAT gt 1 YR 138 260 000 95 918 000 33 739 000 DEBT SECURITIES 90 DAYS P D 0 0 1 000 TOTAL NON CURRENT DEBT SEC 361 000 1 299 000 37 000 FAIR VALUE STRUCTURED NOTES 0 0 0 PERCENT OF TOTAL ASSETS BANK PEERI PCT BANK PCT BANK PEERI SHORT TERM INVESTMENTS 19 01 6 36 87 17 36 6 70 85 20 62 5 46 MARKETABLE EQUITY SEC MES 0 04 0 14 47 0 02 0 23 37 0 07 0 14 CORE DEPOSITS 23 86 52 69 12 22 03 52 93 5 2328 48 85 S T NON CORE FUNDING 26 24 23 72 65 33 03 25 07 74 38 67 3010 LIQUIDITY RATIOS NET S T NONCORE FUND DEPENDENCE 19 66 20 82 47 3789 2179 82 3438 29 66 NET NON CORE FUND DEPENDENCE 68 04 35 81 87 71 0 35 33 91 66 74 40 83 BROKERED DEPOSITS DEPOSITS 0 00 4 14 28 0 00 3 37 30 0 03 223 BROKER DEP MAT lt 1YR TO BKR DEPS 3237 34 0 00 3126 38 100 00 33 51 SHORT TRM INV S NCORE FUND 72 43 3015 80 52 54 31 82 75 53 33 18 20 SHORT TERM ASSET TO S T LIABS 97 86 88 69 64 110 55 84 83 12 101 02 65 72 NET ST LIAB TO ASSETS 0 58 5 52 34 3 62 7 03 24 0 41 13 53 NET LOANS amp LEASES TO DEPOSITS 55 42 89 20 12 62 36 92 40 14 61 98 98 33 NET LN amp LS TO CORE DEPOSITS 120 70 124 43 56 147 61 122 01 78 16882 138 24 NET LN amp LS amp SBLC TO ASSETS 36 62 63 08 8 41 93 65 25 10 49 88 68 49 SECURITIES HELD TO MATURITY TOTAL SECS US TREAS amp GOVT AGENCIES 0 00 0 61 79 0 00 0 11 81 0 00 0 39 MUNICIPAL SECURITIES 0 00 0 34 63 0 00 0 33 70 0 00 0 86 PASS THROUGH MTG BACKED SECS 0 3
74. AL RATIOS AND DATA DO INCLUDE ADJUSTMENT FOR FINANCIAL SUBSIDIARIES FOR BANKS WITH FINANCIAL SUBSIDIARIES PLEASE REFER TO CALL REPORT FOR INFORMATION ON THE ADJUSTMENT UBPR User s Guide March 2004 51 UBPR Page 11A Risk Based Capital 000 Risk based capital is the standard for federal banking agency regulatory capital It relates eligible capital to on and off balance sheet assets that have been assigned an appropriate conver sion factor and risk weight Assets both on and off balance sheet are assigned to one of four broad risk weight categories which are based the obligor nature of collateral guaran tor or nature of the instrument The source for on and off balance sheet risk weighting information is schedule RC R where banks report assets by major risk category From March 31 2001 forward all risk based capital information on page 11a is derived solely from data as reported on the call form This includes capi tal risk weighted asset details as well as individual ratios displayed on this page Note that data reported for tier 1 capital tier 2 capital total capital and risk weighted assets are revised to include the adjustment for finan cial subsidiaries Those adjustments are needed for correct calculation of risk based capital ratios For quarters prior to March 31 2001 not all banks are required to file com plete RC R information For those banks that do not file a complete sched ule R
75. ASSETS amp FIN SUB ADJ TOTAL RISK WEIGHTED ASSETS RISK BASED CAPITAL TIER ONE RBC TO RISK WGT ASSETS TOTAL RBC TO RISK WEIGHT ASSETS TIER ONE LEVERAGE CAPITAL OTHER CAPITAL RATIO DEF TAX ASSET TO 1 12 31 2003 37 958 000 0 2 986 000 34 972 000 6 909 000 0 3 404 000 5 000 0 10 318 000 45 290 000 0 0 0 45 290 000 26 408 600 25 278 500 146 854 000 198 541 100 96 292 000 38 921 600 51 304 500 61 825 538 152 051 638 133 939 100 350 592 738 0 0 0 0 71 000 83 696 000 434 217 738 BANK PEERI 9 68 12 12 741 0 85 CAPITAL ANALYSIS 12 31 2001 33 773 000 0 2 217 000 31 556 000 6 916 000 550 000 3 558 000 0 0 11 024 000 42 580 000 0 0 20 000 42 560 000 23 785 400 18 302 000 170 985 000 213 072 400 72 116 000 22 931 000 48 747 000 73 116 188 144 794 188 115 407 600 357 866 588 DMCS SO 22 019 000 379 885 588 PCT 23 BANK PEERI 8 31 9 16 1120 1201 541 7 09 67 3 21 1 16 PAGE 11A 12 31 1999 19 788 000 0 1 088 600 18 699 400 5 129 000 0 2 424 000 76 500 0 7 629 500 26 328 900 0 0 0 26 328 900 16 840 000 16 366 500 115 386 000 148 592 500 48 777 000 13 368 600 17 738 500 53 801 000 84 908 100 73 190 000 233 500 600 4 943 000 238 443 600 35 35 4 BANK PEERI 7 84 8 47 11 04 1119 6 00 7 04 77 4 54 2 61 NOTE FROM MARCH 31 2001 FORWARD RISK BASED CAPIT
76. Also the percentage of number of trust accounts by cap tion is displayed Additionally the proportion of the number of man aged accounts to total number of accounts within each category is shown Finally the percentage change or growth rate is displayed Personal Trust and Agency Number of managed and non managed personal trust and agency accounts as reported on schedule RC T item 4 columns c and d is dis played The number of accounts is also displayed as a percentage of total number of accounts as reported on RC T item 9 columns c and d Finally managed accounts as reported RC T item 4 column is displayed as a percentage of RC T item 4 col umns a and b Employee Benefit Defined Contribution Number of retirement related employee benefit defined contribu tion accounts as reported on sched ule RC T item 5 a columns d is displayed The number is also dis played as a percentage of total num ber of accounts as reported on RC T item 9 columns c and d Finally man aged accounts as reported on RC T item 5 a column c is displayed as a percentage of RC T item 5 a columns cand d Employee Benefit Defined Benefit Number of retirement related employee benefit defined benefit accounts as reported on schedule RC T item 5 b columns c and d is displayed The number is also dis played as a percentage of total num UBPR User s Guide March 2004 ber of trust accounts as reported on RC T item
77. BPR page 10 for definition Footnotes Footnotes are printed on UBPR page 01 to indicate the occurrence of cer tain events Bank has elected sub chapter S tax treatment NOTE Ratio Net Income Adjusted for Sub S on page 1 and 12 A transaction using push down accounting as of mm dd yyyy was reported One or more mergers occurred dur ing the period This comment appears when a merger or consolidation is reported during the period 5 CERT PAGE 02 CHARTER COUNTY INCOME STATEMENT REVENUE AND EXPENSES 000 12 31 2003 12 31 2001 12 31 1999 INTEREST AND FEES ON LOANS 8 318 000 11 539 000 8 621 000 INCOME FROM LEASE FINANCING 625 000 577 000 621 000 TAX EXEMPT 21 000 2 000 6 000 ESTIMATED TAX BENEFIT 8 839 977 2 025 INCOME ON LOANS amp LEASES TE 8 951 839 12 116 977 9 244 025 US TREAS amp AGENCY EXCL MBS 482 000 695 000 NA MORTGAGE BACKED SECURITIES 2 424 000 2 070 000 NA ESTIMATED TAX BENEFIT 19 781 19 543 675 ALL OTHER SECURITIES 484 000 573 000 NA TAX EXEMPT SECURITIES INCOME 47 000 40 000 2 000 INVESTMT INTEREST INCOME TE 3 409 781 3 357 543 2 871 675 INTEREST ON DUE FROM BANKS 212 000 494 000 770 000 INT ON FED FUNDS SOLD amp RESALES 1 446 000 3 385 000 1 447 000 TRADING ACCOUNT INCOME 3 991 000 4 555 000 1 065 000 OTHER INTEREST INCOME 0 0 NA TOTAL INTEREST INCOME TE 18 010 620 23 908 520 15 397 700 INT ON DEPOSITS IN FOREIGN OFF 1 878 000 4 687 000 3 426 000 INTEREST ON TIME DEP OVER 1
78. C R the agencies have devel oped an estimation module that uses information from the report of condi tion to estimate risk weighted assets Approximately 80 of banks were not required to file details for risk weighted assets The module follows that used by the FDIC risk based insurance premium assessments Capital is separated into three major groups tier one and tier two and tier three capital Tier one is an adjusted equity capital while tier two consid ers certain preferred stock and debt instruments for eligibility Tier three capital includes an allocation for mar ket risk All components are combined to form total capital Estimated and actual calculations of risk based capi tal are available to the general public UBPR User s Guide March 2004 Risk Based Capital 000 Details the components of tier one and tier two capital Tier One Capital Total Equity Capital Adjusted From March 31 2001 forward includes data from RC R total equity capital the following adjustments for net unrealized gains losses on available for sale securities for unrealized loss on available for sale equity securities for accumulated gains losses on cash flow hedges for non qualifying per petual preferred stock qualifying minority interest in consolidated sub sidiaries and other additions dele tions to equity capital Also the adjustment for financial subsidiaries from schedule RC R reported in tier 1 capital on sc
79. CONTRACTUAL MAT REPRICE DATA LOANS SECURITIES OVER 3 YEARS 20 24 35 71 15 9 70 31 39 1677 3273 LIABILITIES OVER 3 YEARS 1 02 4 24 24 0 52 3 53 0 10 2 71 NET 3 YEAR POSITION 19 23 30 90 23 918 7 2710 1667 29 69 LOANS SECURITIES OVER 1 YEAR 24 51 4722 5 16 81 42 94 27 58 43 68 LIABILITIES OVER 1 YEAR 184 10 04 10 0 96 847 0 50 7 98 NET OVER 1 YEAR POSITION 22 67 36 36 15 15 85 34 00 27 08 35 63 NON MATURITY DEPOSITS 22 94 43 73 12 20 51 41 87 2121 3643 NON MATURITY DEPS LONG ASSETS 113 33 136 95 41 211 44 153 67 126 44 122 58 NET OVER 3 YEAR POSITION 2 70 8 28 61 10 81 1022 4 44 3 58 AS TIER 1 CAPITAL STRUCTURED NOTES 0 00 0 31 78 0 00 0 06 0 00 0 21 MORTGAGE SERVICING FV 13 67 3 02 91 15 00 3 05 15 01 4 87 TOTAL 13 67 5 23 86 15 00 4 24 15 01 533 NA 0 00 NA NA 0 00 NA 0 00 NA 0 00 NA NA 0 00 NA 0 00 UBPR User s Guide March 2004 41 UBPR Page 09 Interest Rate Risk Analysis This page presents information that may be used to assess the interest rate risk inherent in a bank s balance sheet Most of the underlying repric ing data is reported in the memo randa sections of RC B RC C RC E as well as on RC The analysis emphasizes the long side of the bal ance sheet and also takes into account the impact of non maturity deposits Most ratios are presented as a per cent of total assets Information on this page is available from June 30 1997 forward Long Assets Instruments W Options Mortgage Loan
80. Federal Financial Institutions Examination Council KK A User s Guide for the Uniform Bank Performance Report March 2004 Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation Office of the Comptroller of the Currency March 2004 UBPR User s Guide March 2004 Prepared by Federal Financial Institutions Examination Council 3501 Fairfax Drive Room 3086 Arlington VA 22226 Send comments to UBPR Coordinator Phone 703 516 5732 Fax 703 516 5487 Via regular mail to above address For questions regarding content of the UBPR products or public disclosure tapes please call John Smullen at Phone 1 703 516 5732 E Mail jsmullen fdic gov ii Table of Contents iv Vv Introduction Summary of Changes Section I Using the Uniform Bank Performance Report for Financial Analysis Section II Technical Information Section III Definitions of UBPR Items 1 2 IIL3 6 9 13 11 17 11 27 30 36 M 41 M 44 48 56 I 73 76 General Introductory Page Summary Ratios UBPR Page 01 Income Statement Revenues and Expenses 000 UBPR Page 02 Noninterest Income and Expenses and Yields UBPR Page 03 Balance Sheet Assets Liabilities and Capital 000 UBPR Page 04 Commitments and Contingencies and Derivatives UBPR Page 05 05A and 05B Balance Sheet Percentage Composition of Assets and Liabilities UBPR Page 06 An
81. IARY LOSSES MANAGED 000 000 REV PEER PCT PERSONAL TRUST AND AGENCY N A N A 1 81 N A N A 0 69 N A RETIREMENT TRUST AND AGENCY N A 0 09 N A N A 022 INVESTMENT MANAGEMENT AGENCY N A N A 0 14 N A N A 013 N A OTHER FIDUCIARY N A N A 0 22 N A N A 076 TOTAL GROSS MANAGED LOSSES N A N A 0 23 N A N A 033 N A GROSS FIDUCIARY LOSSES NON MGD PERSONAL TRUST AND AGENCY N A N A 0 13 N A N A 0 08 N A RETIREMENT TRUST AND AGENCY N A N A 1 01 N A N A 099 N A INVESTMENT MANAGEMENT AGENCY N A 0 01 0 00 N A OTHER FIDUCIARY N A N A 0 40 N A N A 0 56 N A TOTAL GROSS MANAGED LOSSES N A N A 0 43 N A N A 0 52 N A NET FIDUCIARY LOSSES ALL PERSONAL TRUST AND AGENCY N A N A 191 076 RETIREMENT TRUST AND AGENCY N A N A 1 01 N A N A 09 N A INVESTMENT MANAGEMENT AGENCY N A N A 0 15 N A N A 013 N A OTHER FIDUCIARY N A N A 0 61 1 10 TOTAL NET LOSSES N A N A 0 62 N A N A 0 64 COLLECTIVE COMMON TRUST FUNDS 000 CHG 0000 TOTAL CHG DOMESTIC EQUITY N A N A N A N A N A N A INTERNATION GLOBAL EQUITY N A N A N A N A N A STOCK BOND BLEND N A N A N A N A N A TAXABLE BOND N A N A N A N A N A MUNICIPAL BOND N A N A N A N A SHORT TERM MONEY MARKET N A N A N A N A N A SPECIALITY OTHER N A N A N A N A N A TOTAL TRUST FUNDS N A N A N A N A UBPR User s Guide March 2004 III 80 UBPR Trust Page 1A Page
82. LEASES TOTAL 90 DAY PD SECUR ASSET TOTAL PAST DUE SECURITIZED ASSETS NET LOSSES SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS HOME EQUITY LINES CREDIT CARD RECEIVABLES AUTO LOANS COMMERCIAL amp INDUSTRIAL LOANS ALL OTHER LOANS AND LEASES TOTAL NET CHARGE OFF SECUR ASSET SECURITIZATION AND ASSET SALE ACTIVITIES 12 31 2003 0 39 0 00 0 00 NA 1 97 0 00 247 0 49 0 00 0 00 219 0 43 10 87 0 00 0 09 0 00 111 0 72 0 32 0 40 522 000 30 000 0 64 000 0 2 000 618 000 585 000 12 000 0 12 000 0 1 000 610 000 1 228 000 164 000 27 000 0 23 000 0 2 000 216 000 12 31 2001 3 35 NA 0 00 NA 521 NA 0 35 0 00 NA 0 00 NA 0 00 NA 0 00 0 00 0 00 0 00 NA NA 0 51 0 51 0 00 2 000 39 000 37 000 78 000 ooo 10 000 3 000 13 000 PAGE 13A 12 31 1999 UBPR User s Guide March 2004 64 UBPR Page 13 Total Securitization by Type The type of securitization is expressed as a percentage of total securitized and sold assets by type Retained Interest Only Strips The total of all retained interest only strips from call schedule RC S item 2 a columns a g as a percentage of total of all securitized assets from call schedule RC S item 1 columns a g 1 4 Family Residential Loans Dollar amount of credit exposure from retained interest only strips 1 4 Family Residential loans reported on RC S item 2 a column a
83. ON CORE FUNDING 7 42 2 45 35 34 10 24 NON CURRENT LOANS amp LEASES TOTAL LN amp LS 90 DAYS PAST DUE 0 12 0 15 0 16 0 26 NONACCRUAL 0 67 0 65 0 55 0 99 TOTAL 0 86 0 88 0 82 1 33 TOTAL ASSETS MILLIONS 1 595 407 1 351 482 1 170 267 1 737 EQUITY CAPITAL MILLIONS 125 131 106 109 83 499 251 NET INCOME MILLIONS 17 175 11 050 11 053 7 NUMBER OF BANKS IN TABULATION 135 141 150 25 UBPR User s Guide March 2004 I 73 UBPR Page STAVG Summary Information For Banks in State This page displays statewide peer group averages for Summary Ratio information similar to that found on page 1 of the UBPR Four different peer groups appear on this page First all banks are com bined into a statewide peer group Then banks are grouped into one of three asset based statewide peer oups The asset ranges are less than 25M 25M to 100M and over 100M Statewide peer group average data is not designed to be a replacement for nationwide peer group information but as a supplement to provide insight into possible local trends The averaging process follows that used for the nationwide peer groups in that banks above the 80th percen tile and below the 20th percentile are excluded from the average Earnings and Profitability Percent of Average Assets Interest Income TE All income from earning assets plus the tax benefit on tax exempt loans leases and municipal securities divided by average assets
84. Operating Income TE Computed tax benefits are reversed or sub tracted out to allow after tax net income to reconcile properly Tax benefits are reversed by including them as Current Tax Equivalent Adjustment in Applicable Income Taxes TE The tax equivalent income amounts annualized are used in the earnings ratios that appear on UBPR Page 01 The book and tax equivalent income figures for loans amp leases and securities that appear on page 2 are used in selected yield ratios that appear on UBPR Pages 03 and 12 Definitions of Preliminary Calculations L ii iii Tax exempt income Add Tax exempt loan amp lease income Report of Income Memoranda section item 3 Tax exempt securities income Report of Income Memoranda item 4 Equals Total tax exempt income These figures are presented on UBPR Page 02 Pretax Taxable Income Income loss before income taxes extraordinary items and other adjustments Report of Income item 8 Plus Interest expense incurred to carry tax exempt obligations acquired after August 7 1986 that is not deductible for federal income tax purposes Report of Income item M1 Less Tax exempt income preliminary calculation Equals total pretax taxable income Total Pretax Income Tax exempt income preliminary calculation I Plus Pretax taxable income preliminary calculation ii Equals Total pretax income Total Applicable Income Taxes Applicable
85. Other noninterest income Personnel expense to average assets Average assets per employee MM Non interest expense to average assets Average personnel expense per equiv employee M Occupancy expense to average assets Premises fixed assets to average assets Average assets per domestic office Other operating expense to average assets Provision for loan amp lease losses to average assets Realized G L held to maturity sec Realized G L available for sale sec Net extraordinary items to average assets Applicable inc tax TE to average assets Loans to individuals yield on Agricultural loans yield on 4 Other interest income US Treasury amp agency securities yield on Transaction accounts cost o Total interest bearing deposits cost of Other savings amp deposits cost o Investment securities TE yield on Mortgage backed securities yield on Interest expense to avg earning assets All other securities yield on Interest bearing bank balances yield on Federal funds sold amp repos Average earning assets to average assets yield on Net l
86. R Page Layouts Replaced all UBPR sample pages See section III for details UBPR Ratios Added Revised or Deleted Page 1 Margin Analysis Revised Earning Assets Revised to include Interest Only Strips and Equity Securities from call schedule RC F Appendix A Tax Equivalency Worksheet Revised the sheet to remove outdated language and update the tax rate table Section I Using the Uniform Bank Performance Report for Financial Analysis Summary The Uniform Bank Performance Report is designed to be used by bank examiners and bank management evaluating the financial condition of banks By analyzing the data con tained in the UBPR the user can obtain an overall picture of the bank s financial health and can discover con ditions that might require further analysis and investigation The UBPR is not designed to replace on site examination or investigations but to supplement present examination pro cedures It also functions as a com mon point of financial analysis be tween regulator and banker and can be useful as a part of a bank s own internal bank process The UBPR presents three types of data for use in the financial analysis of a bank 1 the bank s data 2 data for a peer group of banks similar in size and economic environment and 3 per centile rankings A thorough under standing of those data groups and their interrelationships and limita tions is essential in order to use the UBPR e
87. RC K average total loans less loans secured by real estate commercial and industrial loans loans to individuals and loans to finance agricultural production For quarters prior to March 31 2001 for banks filing call form 031 or 032 derived from RC K average total loans less loans secured by real estate com mercial and industrial loans loans to individuals and loans to finance agri cultural production Loans to Foreign Governments Average loans to foreign governments from RC C for FFIEC 031 and 032 filers 32 CERT CHARTER COUNTY CONTRUCTION amp DEVELOPMENT 1 4 FAMILY RESIDENTIAL HOME EQUITY LOANS OTHER REAL ESTATE LOANS FARMLAND MULTIFAMILY NON FARM NON RESIDENTIAL TOTAL REAL ESTATE FINANCIAL INSTITUTION LOANS AGRICULTURAL LOANS COMMERCIAL amp INDUSTRIAL LOANS LOANS TO INDIVIDUALS CREDIT CARD LOANS MUNICIPAL LOANS ACCEPTANCES OF OTHER BANKS FOREIGN OFFICE LOANS amp LEASES ALL OTHER LOANS LEASE FINANCING RECEIVABLES SUPPLEMENTAL LOANS TO FOREIGN GOVERNMENTS LOAN amp LEASE COMMITMENTS OFFICER SHAREHOLDER LOANS OFFICER SHAREH LOANS TO ASSETS FARMLAND 1 4 FAMILY MULTIFAMILY NON FARM NON RESID FOREIGN OFFICES SUBTOTAL DIRECT AND INDIRECT INV TOTAL ASSET SERVICING ASSETS MORTG SERV W RECOURSE MORTG SERV WO RECOURSE OTHER FINANCIAL ASSETS TOTAL LOAN MIX AVERAGE GROSS LN amp LS LOANS TO FINANCE COMML REAL EST MEMORANDUM OF AVG TOT LOANS OTHER REAL ESTA
88. Receivables Dollar amount of securitized credit card receivables 90 plus days past due as reported in RC S item 4 b col umn c as a percentage of securitized credit card receivables reported on RC S item 1 column Auto Loans Dollar amount of securitized auto loans 90 plus days past due as reported in RC S item 4 b column d as a percentage of securitized auto loans reported on RC S item 1 col umn d Commercial and Industrial Dollar amount of securitized com mercial and industrial loans 90 plus days past due as reported in RC S item 4 b column f as a percentage of securitized commercial and indus trial loans reported on RC S item 1 column f All Other Loans and Leases Dollar amount of securitized all other loans and leases 90 plus days past due as reported in RC S item 4 b column e amp g as a percentage of securitized other consumer loans plus all other loans reported on RC S item 1 columns e and g Total 90 Days Past Due Securitized Assets Dollar amount of all securitized loans and leases 90 plus days past due as reported in RC S item 4 b columns aig as a percentage of the total of all securitized assets from call schedule RC S item 1 columns Total Past Due Securitized Assets Dollar amount of all past due securitized loans and leases in RC S items 4 a and 4b columns a g as a percentage of the total of all securitized assets from call schedule RC S item 1 columns a g Net Loss
89. S acceptances of other banks Additionally for banks filing FFIEC form 034 add interest bearing bank balances and Noninterest bearing bank balances less currency and coin For other banks add cash items in process of collection Category Three 50 From March 31 2001 forward the total of components in the 50 bal ance sheet asset category on RC R is multiplied by 50 For prior quarters components listed below are multi plied by 50 risk weight For banks filing RC R it is composed of assets assigned to the 50 risk weight category For banks not filing RC R completely the sum of loans secured by first liens 1 4 family residential properties state and local subdivision revenue obligations privately issued pass through securities all other privately issued CMO amp s Category Four 100 From March 31 2001 forward the total of all components in the 100 balance sheet asset category is risk weighted at 100 For prior quarters components listed below are multi plied by 100 risk weight For banks filing RC R it is composed of assets assigned to the 100 risk weight category For banks filing RC R items 4 through 9 the estimate of unrealized loss on marketable equity securities is not deducted from March 31 1997 forward For banks not filing RC R total assets are adjusted to place available for sale securities on a cost basis except for losses on marketable equity securities plus al
90. S amp AGENCY EXCL MBS 3 64 3 05 54 3 71 3 30 53 3 59 3 78 MORTGAGE BACKED SECURITIES 4 84 441 7 5 34 4 65 78 5 76 5 33 ALL OTHER SECURITIES 4 76 4 26 64 3 35 4 93 16 3 40 5 20 INTEREST BEARING BANK BALANCES 3 06 1 68 87 2 49 1 52 83 1 60 2 08 FEDERAL FUNDS SOLD amp RESALES 1 18 1 18 69 1 49 1 24 84 2 01 1 58 TOTAL INT BEARING DEPOSITS 1 10 1 22 42 1 34 1 34 50 1 77 1 63 TRANSACTION ACCOUNTS 3 711 0 74 97 3 21 0 81 94 2 07 0 90 OTHER SAVINGS DEPOSITS 0 72 0 63 68 0 75 0 76 Sy 0 90 0 91 TIME DEPS OVER 100M 1 43 241 16 1 37 2 49 10 2 00 2 93 ALL OTHER TIME DEPOSITS 0 86 2 73 4 1 95 2 85 9 2 69 3 18 DEPOSITS IN FOREIGN OFFICES 1 33 0 60 87 1 79 0 73 91 231 0 91 FEDERAL FUNDS PURCHASED amp REPOS 1 18 1 16 72 144 1 28 79 1 87 1 54 OTHER BORROWED MONEY 11 08 3 07 98 27 38 3 12 98 46 49 3 55 SUBORD NOTES amp DEBENTURES 5 68 3 25 69 5 43 3 17 65 5 99 3 19 ALL INTEREST BEARING FUNDS 1 84 1 46 75 2 07 1 60 82 2 50 1 88 UBPR User s Guide March 2004 56 UBPR Page 12 One Quarter Annualized Income Analysis This page presents a quarter by quar ter analysis of income and expense Five consecutive single quarters of historical financial information are shown The analysis differs from the year to date presentation in the remainder of the UBPR in that the income or expense attributed to one quarter is annualized multiplied by 4 and compared to average asset or liabil ity balances for that quarter The resulting in
91. Securities Total of U S Treasury securities and U S Government agency and corpo ration obligations Municipal Securities Securities issued by states and politi cal subdivisions in the U S Foreign Securities All debt and equity foreign securities All Other Securities All other domestic securities includ ing holdings of private certificates of participation in pools of residential mortgages Interest Bearing Bank Balances Interest bearing balances due from depository institutions Federal Funds Sold and Resales Federal funds sold and securities pur chased under agreements to resell Trading Account Assets Total assets held in trading accounts Total Investments Sum of all securities interest bearing bank balances federal funds sold and trading account assets Total Earning Assets Sum of Net Loans and Leases and Total Investments Non Interest Bearing Cash and Due From Banks Total currency coin and Non inter est bearing balances due from depository institutions Premises Fixed Assets and Capitalized Leases All premises and fixed assets includ ing capitalized leases Other Real Estate Owned Includes investment and non investment other real estate owned Investment in Unconsolidated Subsidiaries Bank s investment in unconsoli dated subsidiaries and associated companies 14 Acceptances and Other Assets From schedule RC combines Custom ers Liability to This B
92. TE OWNED ASSETS CONSTRUCTION amp LAND DEVELOPMENT BANK 0 57 33 18 2 82 1 47 0 00 0 06 141 35 22 1 18 0 01 0 35 0 91 91 61 0 04 0 01 0 00 0 00 0 02 0 00 0 00 0 00 0 02 0 00 0 02 0 02 60 18 0 88 61 08 ANALYSIS OF LOAN AND LEASE ALLOWANCE AND LOAN MIX 12 31 2003 1 5 01 30 53 6 25 14 86 0 27 1 69 12 44 53 82 1 57 0 38 19 65 10 23 0 74 0 37 0 00 1 67 2 43 3 48 0 03 0 74 53 13 0 49 0 26 0 00 0 00 0 03 0 00 0 01 0 00 0 05 0 00 0 05 0 49 16 74 2 02 22 94 BANK 0 40 25 51 1 70 1 33 0 01 0 13 1 19 27 24 1 42 0 03 20 76 12 46 0 06 0 21 0 00 21 30 10 95 5 63 0 43 2 35 112 13 0 07 0 02 0 00 0 00 0 01 0 00 0 00 0 00 0 01 0 00 0 01 0 02 50 87 0 55 51 44 12 31 2001 1 481 25 71 4 30 13 16 0 26 1 29 11 19 45 76 1 53 0 39 24 88 9 99 0 94 0 37 0 00 2 11 2 66 4 01 0 04 0 97 54 62 0 52 0 31 0 00 0 00 0 02 0 00 0 01 0 00 0 04 0 00 0 04 0 56 13 06 18 80 PAGE 07 12 31 1999 BANK PEERI 0 22 3 20 2420 2281 1 34 3 06 169 1231 0 00 0 23 015 128 153 1042 2610 39 39 0 57 0 96 0 00 0 36 1891 2717 9 60 12 19 0 76 174 0 03 0 45 0 00 0 01 2814 3 42 10 07 4 00 6 96 475 122 0 11 232 1 06 106 75 68 76 0 00 0 66 0 00 0 38 0 00 0 00 0 00 0 00 0 01 0 01 0 00 0 00 0 00 0 01 0 00 0 00 0 01 0 03 0 03 0 00 0 04 0 03 0 00 0 00 0 00
93. TEMS 2493 4 79 93 2377 588 90 2512 480 OFF BALANCE SHEET ITEMS 15703 48 56 93 12121 58 01 85 86 65 56 89 UBPR User s Guide March 2004 17 UBPR Page 05 Off Balance Sheet Items The top part of this page presents the amounts of various selected com mitments contingencies contracts and other items reported in Report of Condition Schedule RC L Com mitments and Contingencies that are not reported as part of the balance sheet of the Report of Condition Refer to the instructions for the Report of Condition Schedule RC L for more detailed explanations of the captions appearing on UBPR page 05 Annual and one quarter percentage changes are provided for data dis played in dollars presented on this page The annual changes are the percent change from the prior year comparable quarter to the current quarter One quarter change is the percent change from the immediate prior quarter to the current quarter Page five displays the same cap tioned items in two different formats Definitions apply to both sections The top half displays information in dollar format The bottom half dis plays the items as a percent of total assets Outstanding Unused commitments on the fol UBPR User s Guide March 2004 lowing categories of loans and securities Home Equity 1 4 Family Credit Card Commercial RE Secured by RE Commercial RE Not Secured by RE All Other Securities Underwriting Memo Unused C
94. USTRIAL 5 63 547 63 10 13 7 53 97 977 81 INDIVIDUAL 5 23 6 44 27 8 06 835 45 719 949 CREDIT CARD 457 52 0 00 519 51 0 00 AGRICULTURAL 433 13 419 6 67 11 7 61 LOANS IN FOREIGN OFFICES 418 141 80 750 231 87 715 246 TOTAL INVESTMENT SECURITIES TE 475 438 69 5 59 637 20 5 60 645 TOTAL INVESTMENT SECURITES BOOK 472 424 73 5 56 623 22 5 59 628 US TREAS amp AGENCY EXCL MBS 3 68 315 58 519 5 66 28 NA 000 MORTGAGE BACKED SECURITIES 5 17 4 47 76 6 44 652 47 NA 000 ALL OTHER SECURITIES 408 457 43 3 96 590 lil NA 000 INTEREST BEARING BANK BALANCES 213 1 76 69 2 03 509 7 9 98 532 FEDERAL FUNDS SOLD amp RESALES 141 130 78 611 3 86 94 478 525 TOTAL INT BEARING DEPOSITS 1 28 131 52 329 333 40 343 376 TRANSACTION ACCOUNTS 324 0277 97 3 33 198 84 239 203 OTHER SAVINGS DEPOSITS 0 75 071 67 1 70 203 34 2 95 202 TIME DEPS OVER 100M 1 55 246 19 2 69 505 5 3 09 5 04 ALL OTHER TIME DEPOSITS 179 2 84 5 6 33 5 34 88 438 51 FOREIGN OFFICE DEPOSITS 161 0 68 93 420 266 81 429 407 FEDERAL FUNDS PURCHASED amp REPOS 141 125 73 534 3 82 95 432 495 OTHER BORROWED MONEY 1621 343 97 27 44 532 98 18 14 607 SUBORD NOTES amp DEBENTURES 543 331 65 8 67 451 95 7 76 501 ALL INTEREST BEARING FUNDS 2 02 153 79 467 3 68 95 404 421 UBPR User s Guide March 2004 9 UBPR Page 03 Non interest Income and Expenses 000 and Yields This page presents most of the dollar figures that are components of Non interest income and overhead exp
95. age credit card and related plans Agricultural Loans Interest and fees on domestic office loans to finance agricultural pro duction divided by average domes tic loans to finance agricultural production Loans in Foreign Offices Interest and fees on loans in foreign offices divided by average loans in foreign offices Available for banks filing call form 031 Total Investment Securities TE Income on securities not held in trad ing accounts plus the estimated tax benefit on tax exempt municipal securities income divided by aver age U S Treasury and U S govern ment agency securities state and political subdivisions and other debt and equity securities Total Investment Securities Book Income on securities not held in trad ing accounts divided by average U S Treasury and U S government agency securities state and political subdivisions and other debt and equity securities US Treasury amp Agency Excluding MBS Income on U S Treasury securities and U S government agency obliga tions divided by average U S Trea 11 11 sury securities and U S government agency obligations Excludes mort gage backed securities Available from March 31 2001 forward Mortgage Backed Securities Income on mortgage backed securi ties divided by the average for those securities All Other Securities Income on all other securities divided by the average for those securities Includes taxable and
96. agency files to categorize banks or to gather additional information Such items of information include e bank name and address number of offices e established date whether located in a Metropolitan Statistical Area holding company identification occurrences of bank mergers Format and Content Each Uniform Bank Performance Report presents pages of bank finan cial data organized into 1 summary ratios 2 income information and 3 balance sheet information These different formats are illustrated in Appendix A of this user guide Also the source items and calculations used for some UBPR items may vary depending on Call Report type bank class or other factors The items and calculations are discussed in Section Primary Peer Group Criteria Banks are assigned to one primary peer group to permit average ratios to be calculated Most banks are as signed to one of the primary insured commercial bank peer groups In addition several primary line of business peer groups have been established because of the unique operating characteristics of some institutions Those groups include Savings Bank Credit Card Specialty Bankers Bank peer groups Peer group data are included in the UBPR to show the average performance of a group of banks with similar char acteristics This information can be used as a benchmark against which an individual bank s asset and liabil ity structure and earnings may be
97. al standards or RC R memoranda item 1 as a per cent of total risk weighted assets This ratio is computed only for banks that answer yes to RC R item 1 or have assets greater then 1 billion or oth erwise complete all of RC R Credit Losses on Derivatives Credit Allowance Credit losses on off balance sheet derivatives or RI memoranda sec tion item 10 as a percent of the end ing balance in the allowance for credit losses or item RI B II 6 This item is calculated only for banks filing FFIEC call form 031 and 032 from March 31 1996 forward Impact of Non Traded Derivative Contracts Increase Decrease in Interest Income Net Income Impact of off balance sheet deriva tives held for purposes other than trading on interest income or RI memoranda item 9 a as percent of net income Computed only for banks filing FFIEC call form 031 and 032 Increase Decrease in Interest Expense Net Income Impact of off balance sheet deriva tives held for purposes other than trading on interest expense or RI memoranda item 9 b as percent of net income Computed only for banks filing FFIEC call form 031 and 032 Increase Decrease in Other Noninterest Allocations Net Income Impact of off balance sheet deriva 25 tives held purposes other than trad ing on other noninterest allocations or RI memoranda item 9 b as percent of net income Computed only for banks filing FFIEC call form 031 and 032 Incre
98. ale exchange redemption or retirement of securities excluding those held in trading or available for sale account Prior to March 31 1994 gains losses on all securities are dis played here For March 31 1994 and subsequent quarters only gains losses from held to maturity securi ties are shown Realized G L Avail for Sale Sec Year to date pretax net gains or losses on the sale exchange redemption or retirement of securities recorded as available for sale Available only for March 31 1994 and subsequent quarters Pretax Net Operating Income TE The sum of year to date pretax oper ating income on a tax equivalent basis plus net pretax securities gains or losses Applicable Income Taxes The total estimated federal state local and foreign if applicable income taxes applicable to operating income including securities gains or losses Current Tax equivalent Adjustment Reverses the current part of the tax benefit included in interest income on loans and leases and securities The current tax equivalent adjust ment is an estimate of that portion of the tax benefit that is attributable to current period income Other Tax Equivalent Adjustments Reverses the remainder of the tax equivalent adjustment included in interest income on loans and leases and securities The other tax equiva lent adjustment is an estimate of that portion of the tax benefit that is attributable to tax loss carry backs Appli
99. alysis of Credit Losses and Loan Mix UBPR Page 07 and 07A Analysis of Past Due Nonaccrual and Restructured Loans and Leases UBPR Page 08 and 08A Interest Rate Risk Analysis Assets UBPR Page 09 Liquidity and Investment Portfolio UBPR Page 10 Capital Analysis and Risk Base Capital UBPR Page 11 and 11A One Quarter Annualized Income Analysis UBPR Page 12 13 13A 13B Summary Information for Banks In State UBPR Page STAVG Fiduciary and Related Services Trust page 1 1A Appendix A Taxable Equivalency Calculations Appendix B Other UBPR Products and Ordering Information UBPR User s Guide March 2004 iii Introduction The Uniform Bank Performance Report UBPR is an analytical tool created for bank supervisory exam ination and bank manage ment purposes In a concise format it shows the impact of management decisions and economic conditions on a banks performance and balance sheet composition The performance and composition data contained in the report can be used as an aid in evaluating the adequacy of earnings liquidity capital asset and liability management and growth manage ment Bankers and examiners alike can use this report to further their understanding of a banks financial condition and through such under standing perform their duties more effectively The UBPR is now available online at no charge at WWW FFIEC GOV A UBPR for any bank in the country may be viewed online printed or
100. amount of securitized other consumer loans plus all other loans reported on RC S item 1 columns e and g asa percent of total assets from RC item 12 Asset Backed by Commercial Paper Conduits Dollar amount of credit enhance ments arising from conduit structures and commitments to provide liquid ity to conduit structures as reported in RC S items 3 a 1 amp 2and 3 b 1 amp 2 as a percent of total assets from RC item 12 Credit Exposure Sponsored by Bank and Others Dollar amount of credit enhance ments arising from conduit structures as reported in RC S items 3 a 1 amp 2 as a percent of total assets from RC item 12 62 Liquidity Commitments by Bank and Others Dollar amount of commitments to provide liquidity to conduit struc tures as reported in RC S items 3 b 1 amp 2 as a percent of total assets from RC item 12 Percent of Total Managed Assets on Balance Sheet amp Securitized Assets The total of managed assets as reported on the balance sheet plus related securitized assets are expressed as a percentage of total assets plus total securitized assets 1 4 Family Residential Loans Dollar amount of securitized 1 4 Family Residential loans reported on RC S item 1 column a plus loans secured by 1 4 family residential real estate as reported on RC C items 1 c 2 a amp b as a percentage of total assets from RC item 12 plus the total of all securitized assets from call schedule RC S item 1 column
101. amp Lease Analysis Net Loss to Average Loan amp Leases Gross loan and lease charge off less gross recoveries includes allocated transfer risk reserve charge off and recoveries divided by average total loans and leases Earnings Coverage of Net Loss X Net operating income before taxes securities gains or losses and extraor dinary items plus the provision for possible loan and lease financing receivable losses divided by net loan and lease losses Loan amp Lease Allowance Net Losses X Ending balance of the allowance for possible loan and lease financing receivable losses divided by net loan and lease losses If gross recoveries UBPR User s Guide March 2004 exceed gross losses NA is shown at this caption Loan amp Lease Allowance to Total Loans amp Lease Ending balance of the allowance for possible loan and lease losses divided by total loans and lease financing receivables Noncurrent Loans amp Leases to Gross Loans and Lease The sum of loans and lease financing receivables past due at least 90 days plus those in nonaccrual status divided by gross loans and lease financing receivables outstanding Liquidity Net Non Core Funding Dependence Non core liabilities less short term investments divided by long term assets See definition on UBPR page 10 Net Loans amp Leases to Assets Loans and lease financing receivables net of unearned income and the allowance for possible loan
102. ances for total loans from call schedule RC C for the prior December and current March June and September divided by 4 The final type of average uses one quarter average data from schedule RC K These averages are as the denominator in the one quarter annualized income analysis on page 12 Thus average assets used in the Sep tember 30 UBPR analysis of net income on page 12 would include the quarterly average assets from schedule RC K for September That average is divided into the annual ized one quarter income or expense item Annualization of Ratios Using Interim Period Report of Income Data The dollar amounts displayed for UBPR User s Guide March 2004 most income and expense items in the UBPR are shown for the year to date period However to allow com parison of ratios between quarters income and expense and related data used in ratios on pages 1 3 and 7 and 11 are annualized for interim report ing periods Thus the income or expense item is multiplied by the indicated factor listed below before dividing it by the corresponding asset or liability All income and expense ratios on page 12 are com puted from income or expense data for one quarter and are annualized by a factor of 4 Income and expense information for four quarters is not annualized Since the year end UBPR represents a full fiscal year that data does not have to be annualized The UBPR annuali zation factors are March 4 0 Ju
103. ank on Accep tances RCFD2155 with Other Assets RCFD2160 and Intangible Assets RCFD2143 for all quarters Total Assets Average Assets During Quarter Average assets for one quarter from Schedule RC K Liabilities Demand Deposits Total demand deposits from Sched ule RC E All NOW amp ATS Accounts Total transaction accounts minus total demand deposits This consists of all NOW accounts including Super NOWs plus other transaction accounts such as ATS accounts and certain accounts other than MMDAs that permit third party payments from Money Market Deposit Accounts MMDAs The amount of MMDAs reported from RC E Other Savings Deposits Reported total savings deposits less MMDAs This comprises all savings deposits other than MMDAs and includes regular passbook accounts and overdraft protection plan accounts from RC E Time Deposits Under 100 Thousand Total time deposits of less than 100 Thousand from RC E Core Deposits The sum of demand deposits all NOW and ATS accounts MMDA savings other savings deposits and time deposits under 100 thousand Time Deposits of 100M or More Time certificates of deposit of 100 UBPR User s Guide March 2004 thousand or more plus open account time deposits of 100 thousand or more from RC E Deposits in Foreign Offices Total deposits in foreign offices and Edge and agreement subsidiaries and IBFs Total Deposits Total of all
104. arters includes Allowable subordinated debt and intermediate term preferred stock and other limited life instruments from schedule RC R The components are discounted by maturity as follows 1 to 2 years 20 2 to 3 years 40 3 to 4 years 60 4 to 5 years 80 over 5 years 100 Subordinated debt is also limited to 50 of tier one capital Plus mandatory convertible debt from RCM Plus Cumulative Preferred Stock From March 31 2001 forward inclu des cumulative perpetual pre ferred stock includible in tier w from RC R For prior quarters preferred stock minus non cumulative perpetual preferred stock from schedules RC and RCM Plus Allowable Loans amp Lease Loss Allowance From March 31 2001 forward includes 52 allowance for loan and lease losses includible in tier 2 from RC R For prior quarters the allowance for loan and lease losses is limited to 1 25 of gross risk weighted assets which is defined as risk weighted assets minus ineli gible intangible assets and if appli cable minus ineligible deferred tax assets From March 31 1997 forward for banks filing FFIEC 031 032 AND 033 based on the Balance end of Cur rent Period from For banks fil ing FFIEC 034 and for all banks for prior quarters based on Schedule RC Allowance for Loan and Lease Losses Plus Unrealized Gain Marketable Equity Securities 45 From March 31 2001 forward inclu des unrealized gains on avail able
105. as a percent of total derivative contracts Over The Counter Total written options which are traded over the counter as a percent of total derivative contracts Purchased Options Total purchased options both exchange traded and over the counter as a percent of total deriva tive contracts Exchange Traded Total purchased options which are exchange traded as a percent of total derivative contracts Over The Counter Total purchased options which are traded over the counter as a percent of total derivative contracts Swaps Total swaps as a percent of total derivative contracts Held For Trading Total derivative contracts held for trading as a percent of total deriva tive contracts Interest Rate Contracts Total interest rate contracts as a per cent of total derivative contracts Foreign Exchange Contracts Total foreign exchange contracts as a percent of total derivative contracts Equity Commodity and Other Contracts Total equity commodity and other contracts as a percent of total deriva tive contracts Non Traded Total non traded derivatives as a per cent of total derivative contracts Interest Rate Contracts Total non traded interest rate con tracts as a percent of total derivative contracts Foreign Exchange Contracts Total non traded foreign exchange contracts as a percent of total deriva tive contracts Equity Commodity and Other Contracts Total non traded equity c
106. ase Decrease in Net Income Net Income Impact of off balance sheet deriva tives held for purposes other than trading on net income or the sum of RI memoranda items 9 a b and c as percent of net income Computed only for banks filing FFIEC call form 031 and 032 UBPR User s Guide March 2004 26 cert 8 8 CHARTER 8 county 8 8 8 ASSETS PERCENT OF AVG ASSETS 8 TOTAL LOANS LEASE FINANCING RECEIVABLES 8 LESS LN amp LS ALLOWANCE 8 NET LOANS amp LEASES 8 INTEREST BEARING BANK BALANCES 8 FEDERAL FUNDS SOLD amp RESALES TRADING ACCOUNT ASSETS HELD TO MATURITY SECURITIES 8 AWAILABLE FOR SALE SECURITIES 8 TOTAL EARNING ASSETS 8 NONINT CASH amp DUE FROM BANKS 8 PREMISES FIX ASSTS amp CAP LEASES 8 OTHER REAL ESTATE OWNED ACCEPTANCES amp OTHER ASSETS 8 SUBTOTAL TOTAL ASSETS 8 ages LETTERS OF CREDIT 8 LIABILITIES PERCENT OF AVG ASST 8 DEMAND DEPOSITS 8 ALL NOW amp ATS ACCOUNTS 8 MONEY MARKET DEPOSIT AGCOUNTS 8 OTHER SAVINGS DEPOSITS TIME DEP LESS THAN 100M CORE DEPOSITS TIME DEP OF 100M OR MORE 8 DEPOSITS IN FOREIGN OFFICES 8 TOTAL DEPOSITS FEDERAL FUNDS PURCH amp REPOS 8 TOTAL FED HOME LOAN BORROWINGS 8 TOTAL OTH BORROWINGS SHT TERN CORE FUNDING 8 ACCEPTANCES amp OTHER LIABILITIES 8 TOTAL LIABILITIES INCL MORTG 8 SUBORDINATED NOTES amp DEBENTURES amp ALL COMMON amp PREFERRED CAPITAL 8 TOTAL LIABILITIES amp CAPITAL 8 MEMO ALL BROKERED DEPOSITS
107. ases by past due status 90 Days and Over Loans and leases past due over 90 days and still accruing Total Nonaccrual LN amp LS Loans and leases on which interest is no longer being accrued Total Non Current LN amp LS Sum of previous two categories LNG amp LS 30 89 Days Past Due Loans and leases past due 30 through 80 days and still accruing interest Restructured LN amp LS 90 Days P D Restructured loans and leases past due 90 or more days and still accru ing interest Restructured LN amp LS Non Accrual Restructured loans and leases on which interest is no longer being accrued Restructured LN amp LS 30 89 Days P D Restructured loans and leases past due 30 through 89 days and still accruing interest Current Restructured Debt Restructured loan and leases still cur rent by their restructured terms All Other Real Estate Owned All other real estate owned Excludes direct and indirect investments in real estate of Non Curr LN amp LS By Type This section presents a distribution of past due loans by type of loan and status of delinquency In each cat egory of past due loans e g Real Estate Loans 90 Days Past Due that category is divided by the total for that type of loan e g Real Estate Loans The gross loans and leases category reflects all categories of loans and leases by delinquency to gross loans See previous description in this sec tion of calculations for specific report for
108. ate owned invest ments in unconsolidated subsidiar ies and associated companies divided by total equity Percent of Average Total Equity The following ratios use average equity derived from end of period balance for the prior year end and current year s end of period balances 49 Net Income Percent of Average Total Equity Net income divided by average total equity capital Dividends Percent of Average Total Equity Cash dividends declared on common amp preferred stock Retained Earnings Percent of Average Total Equity Net income less cash dividends declared divided by average total equity Other Capital Ratios Dividends to Net Operating Income Cash dividends declared as a per UBPR User s Guide March 2004 cent of Net Operating Income as defined for UBPR Page 02 Equity Capital to Assets All common stock plus perpetual pre ferred stock plus surplus plus undi vided profits and reserve for contin gencies and other capital reserves divided by assets Growth Rates For each of the captions in this group ing the growth rate is determined by subtracting the account balance at the end of the corresponding period in the prior year from the current account balance and dividing the result by the account balance at the end of the corresponding period in the prior year The equity growth less asset growth ratio is included in this grouping for analysis purposes even
109. average report As with the peer group distribution report this report can provide valuable insight into the population of banks used to calcu late state average data Custom Peer Group Report This report allows a selected bank to be compared with the composite per formance of a user defined peer group of banks UBPR peer statistics are recomputed based on a user de fined group of banks and displayed along with individual bank data in UBPR page format Banks may be identified as peers by either entering FDIC certificate numbers or using the built in search engine Analytical Considerations Effective use of the UBPR entails con sideration of the level and trend of individual ratios and the interrela tionship among related ratios No single ratio percentile ranking or trend is indicative of a bank s condi I 1 tion Each bank has its own unique operating characteristics that affect both its balance sheet composition and its income stream A given bank may be above or below the peer group average for a given ratio how ever that information must be con sidered in combination with other related facts including other UBPR data before its importance can be determined For example if a bank s net interest income TE to average assets UBPR page 01 is 3 03 percent compared with the peer group average of 3 96 percent placing it in the 15th percen tile the bank may appear to be having profit margin difficulti
110. averages for the same set of ratios This report is pro duced quarterly for the same data dates as the UBPR and includes 10 pages per peer group Peer Group Distribution Report This report approximately 400 pages contains ten data values rang ing from the 1st through the 99th percentiles for each ratio for the cur rent reporting period report This report is produced quarterly for the same data dates as the UPBR and includes 10 pages per peer group The format is similar to the UBPR State Averages Report This report approximately 75 pages presents a single page set of sum mary ratios for each state The items are generally the same as those pre UBPR User s Guide March 2004 sented on the UBPR Summary Ratios page plus three more ratios loans and leases Each states page presents statewide ratio averages for five dates plus aver ages for three asset size groups in the state for the latest date A page of national averages is also presented This report is produced quarterly State Average Distribution Report This report approximately 300 pages contains ten data values rang ing from the 1st through the 99th percentiles for each ratio for the cur rent reporting period only The for mat is similar to the State Average Report UBPR Data Tapes The data items presented in UBPR s peer group reports and state average reports are available in bulk format on magneti
111. b 1 amp 2 Credit Exposure Sponsored by Bank and Others Dollar amount of credit enhance ments arising from conduit struc tures as reported in RC S items 3 a 1 amp 2 Liquidity Commitments by Bank and Others Dollar amount of commitments to provide liquidity to conduit struc tures as reported in RC S items 3 b 1 2 Activity of Total Assets Each component of securitization activity is expressed as a percentage of total assets Securitization Activities The total of all securitized assets from call schedule RC S item 1 columns aig as a percent of total assets from RC item 12 1 4 Family Residential Loans Dollar amount of securitized1 4 Fam ily Residential loans reported on RC S item 1 column a as a percent of total assets from RC item 12 Home Equity Lines Dollar amount of securitized home equity lines reported on RC S item 1 column b as a percent of total assets from RC item 12 Credit Card Receivables Dollar amount of securitized credit card receivables reported on RC S item 1 column c as a percent of total assets from RC item 12 Auto Loans Dollar amount of securitized auto loans reported on RC S item 1 col umn d as a percent of total assets from RC item 12 Commercial and Industrial Loans Dollar amount of securitized com mercial and industrial loans reported on RC S item 1 column fas a percent of total assets from RC item 12 All Other Loans and Leases Dollar
112. bined otherwise call report definitions apply Each category displays loans 90 plus days past due loans on non accrual total non current and loans 30 89 days past due An additional section displays other pertinent ratios including other analyses of past due and restructured loans by type that are current by their revised terms OF NON CURR LN amp LS BY LN TYPE Credit Card Plans Credit card and related plans from RC C Foreign Government Loans For banks filing FFIEC 031 and 032 Lease Financing Lease financing receivables from Agricultural Loans Loans to finance agricultural produc UBPR User s Guide March 2004 tion Note that banks with less than 300 million assets report this item subject to a reporting threshold and as a supplement Other Loans amp Leases From March 31 2001 forward for 031 filers includes loans to commercial banks in the US to other depository institutions in the US to banks in foreign countries state and local political subdivisions for purchasing or carrying securities and all other loans From March 31 2001 forward for 041 filers includes loans to depository institutions state and local political subdivisions for purchasing and car rying securities all other loans and to finance agricultural production Prior to March 31 2001 for banks filing FFIEC Form 033 or 034 includes lease financing receivables Prior to March 31 2001 for banks filing 031 o
113. c tape These tapes may be of use to requestors who wish to select or analyze data for large num bers of banks or peer groups A typi cal UBPR edition would include a maximum of 17 tapes eight unique tapes for bank data eight unique tapes for bank rank data and one tape for peer group and state aver age data UBPR tapes will be avail able only for the current edition The types of UBPR data that will be available on tape are R1i Bank level ratio and dollar values Each tape will contain a record for each insured commercial bank for one data date Each record will contain approximately 700 ratio or dollar values R2 Peer group averages Each tape will contain a record for each of the 25 UBPR peer groups plus a record for all banks for all of the data dates for that edition Each record will contain approxi mately 330 average ratio values R3 Bank percentile ranks Each tape will contain a record for each insured commercial bank for one data date Each record will contain approximately 330 percen tile rank values e R4 and R5 State and state asset group averages Each tape will contain a record for each state plus a record for all banks The same tape will also con tain a record for each of three asset size groups in each state plus a record for all banks in each of these asset sizes 0 25 million 25 100 million and over 100 mil lion these size group records are present only for
114. cable Income Taxes TE Applicable income taxes plus the tax benefit on tax exempt income cur rent tax equivalent adjustment plus other tax equivalent adjustments Net Operating Income Year to date income after securities gains or losses and applicable taxes but before extraordinary gains or losses Net Extraordinary Items Extraordinary gains or losses less applicable taxes Net Income The year to date net income after securities gains or losses extraordi nary gains or losses and applicable taxes Cash Dividends Declared All cash dividends declared on com mon and preferred stock year to date Retained Earnings Net income minus cash dividends declared year to date Memo Net International Income Estimated net income attributable to international operations Available for banks filing call form 031 only Footnotes Footnotes are printed at the bottom of Page 2 to indicate the occurrence of certain events Note Bank has elected sub chapter S treatment for taxes This footnote appears when bank indicates sub chapter S treatment on call report 8 CERT PAGE 03 CHARTER COUNTY NONINTEREST INCOME AND EXPENSES 000 AND YIELDS 12 31 2003 12 31 2001 12 31 1999 NONINTEREST INCOME amp EXPENSES FIDUCIARY ACTIVITIES 2 336 000 2 338 000 1 491 000 DEPOSIT SERVICE CHARGES 1 109 000 972 000 312 000 TRADING VENT CAP SECURTZ INC 4 622 000 4 215 000 1 985 000 INV BANKING ADVISORY INC 2 18
115. chedule RI Investment Banking Advisory Underwriting Brokerage Fees and Commissions RIADB490 Insurance Commissions and Fees From March 31 2001 through December 31 2002 includes informa tion from schedule RI Insurance Commissions and Fees RIADB494 From March 31 2003 forward includes Insurance and Reinsurance Underwriting Income RIADC386 plus Income From Other Insurance Activities RIADC387 Net Servicing Fees From March 31 2001 forward includes information from schedule Net Servicing Fees RIADB492 Loan and Lease Net Gain Loss From March 31 2001 forward includes information from schedule RI Net Gains Losses from Sale of Loans and Leases RIAD5416 Other Net Gains Losses From March 31 2001 forward includes information from RI Net Gains Losses on the Sale of Other Real Estate Owned RIAD5415 plus Net Gains Losses On the Sale of Other Assets RIADB496 Other Non interest Income From March 31 2001 forward includes information from schedule RI Other Noninterest Income RIADB497 For prior quarters includes Other Fee Income RIAD5407 plus Other Noninterest Income RIAD5408 Note title no longer includes the description Inc Intangibles Total Non interest Income Year to date all other Non interest income Personnel Expense Year to date Salaries and Employee Benefits from sched ule RI RIAD4135 Occupancy Expense Year to date expenses of Pre mises and Fixed assets n
116. cludes other comprehensive income For prior quarters includes net other increases or decreases which is defined as net change in holding gains losses on available for sale securities and foreign cur rency translation adjustments Balance At End Of Period Intangible Assets Displays categories of intangible assets as reported in schedule RC M Mortgage Servicing Rights Purchased Credit Card Relation Other Intangibles Goodwill Total Intangibles Memo Grand fathered Intangibles Intangible assets that have been grandfathered for regulatory capital purposes Capital Ratios Ratios are calculated by dividing by total equity capital as shown on schedule RC Percent of Total Equity Net Loans amp Leases X Unlike the other ratios displayed under this heading this ratio is mul tiple e g shows the number of times net loans and lease financing receiv ables exceed equity capital Subordinated Notes and Debentures Percent of Total Equity Subordinated notes and debentures divided by total equity capital Long Term Debt Percent of Total Equity Subordinated notes and debentures plus mortgage indebtedness and liability for capitalized leases divided by total equity capital Com Re amp Related Ventures The sum of construction and land development loans non farm non residential mortgages unsecured loans to finance commercial real es tate construction and land develop ment other real est
117. counts divided by assets Mortgage Servicing Fair value of mortgage servicing as sets divided by assets Total Sum of structured notes high risk securities and mortgage servicing divided by assets Overall Risk Indicators Available For Sale Fair value of available for sale secu rities divided by assets Held To Maturity Amortized cost of held to maturity securities divided by assets Off Balance Sheet Total of all off balance sheet accounts divided by assets Unrealized Appn Depn Unrealized appreciation deprecia tion on held to maturity securities divided by assets Unrealized App Dep Tier One Capital Unrealized appreciation deprecia tion on held to maturity securities divided by tier one capital Contractual Maturity Reprice Data Loans Securities Over 3 Years Sum of repricings over 3 years for mortgage loans and pass throughs other loans and securities and CMO s divided by assets Liabilities Over 3 Years Sum of repricings over 3 years for other borrowed money time depos its less than 100 000 and time deposits of 100 000 or greater divided by assets Net 3 Year Position Loans Securities over 3 years less liabilities over 3 years divided by assets Loans Securities Over 1 Year Sum of repricings over 1 year for mortgage loans and pass throughs other loans and securities and all Liabilities Over 1 Year Sum of repricings over 1 year for other borrowed money
118. d by the number of domestic banking offices expressed in thousands of dol lars per office Percent of Average Assets Non interest expenses as reported in the Report of Income divided by year to date average assets See previous section for individual Non interest expense item definitions Ratios in this section are annualized for interim periods See Section I Technical Information for further information Personnel Expense Occupancy Expense Other Oper Exp Including Intangibles Total Overhead Expense Overhead Less Non Interest Income Other Income Expense Ratios These ratios present an additional analysis on a per employee base and the marginal tax rate RIADB496 Efficiency Ratio Total Overhead Expense expressed as a percentage of Net Interest Income TE plus Noninterest Income See definitions on UBPR page 2 for specific components UBPR User s Guide March 2004 Average Personnel Expense per Employee Thousand The average salary including ben efits per employee expressed in thou sands of dollars For example 21 35 21 350 average salary includ ing benefits per employee per year Average Assets per Employee Millions Average assets divided by the num ber of full time equivalent employee on the payroll at the end of the period Result is shown in millions of dollars Yield On or Cost of This section presents yield or cost ratios for various assets and liabili ties N
119. d by asset size using 90 day average assets from call report schedule RC K This asset based grouping applies to all peer groups and is reviewed quarterly Banks that exhibit both of the follow ing characteristics are considered to be a specialized credit card lender 1 Credit Card Loans plus Securitized and Sold Credit Cards divided by Total Loans plus Securitized and Sold Credit Cards exceeds 50 2 Total Loans plus Securitized and Sold Credit Card divided by Total Assets plus Securitized and Sold Credit Cards exceeds 50 Credit card specialty banks are by definition focused on one type of Credit Card Specialty Banks Includes insured commercial and savings banks with the following characteristics Peer Group Number Assets 201 In excess of 3 billion 202 Between 1 billion and 3 billion 203 Less than 1 billion Asset figure used is latest quarterly average assets from the FFIEC call report Schedule lending As consequence many appear as outliers when compared to traditional benchmarks of perfor mance Credit card specialty banks exhibit very high non interest income non interest expense inter est margins loan loss provisions and profitability when compared to tra ditional commercial or savings banks As a consequence this specialized peer group analysis has proven to be especially useful as a benchmark for reviewing such banks Bankers Banks Eighteen banks have been ass
120. d on schedule RC R Total Risk Based Capital From March 31 2001 forward total risk based capital from RC R less the adjustment for financial subsidiaries For prior quarters include tier one plus tier two capital plus tier three capital less reciprocal holdings Risk Weighted Assets On Balance Sheet From March 31 2001 forward risk weighted asset information for all banks is retreived from RC R For prior quarters on balance sheet assets are derived either from schedule RC R for banks that file complete RC R data or from a variety of report of condition schedules for those banks that do not file complete RC R data Note that available for sale securities are counted at cost for risk based capital purposes Category Two 20 From March 31 2001 forward the total of components in the 20 bal ance sheet asset categories on RC R is multiplied by 20 For prior quarters components listed below are multiplied by 20 risk weight For banks filing RC R it is composed of assets assigned to the 20 risk weight category For banks not filing RC R federal funds sold securities purchased under resell agreements assets held in trading accounts passthrough securities issued by FNMA and FHLMC CMOs issued by FNMA and FHLMC private issue CMOs collat eralized or guaranteed by guaranteed by FNMA FHLMC or GNMA US gov ernment sponsored agencies general obligation securities of state and political subdivisions in the U
121. d situated banks across the country While individual peer averages may be thought of as representing the composite perfor mance of a group of banks those val ues may or may not be an appropri ate goal for a given bank Only a full analysis of all financial data includ ing historical trend analysis and com parison to peer group averages can provide that answer Additionally the peer distribution reports which show several percentiles values for UBPR ratios are designed to show the range of values that compose a given average As such they provide additional support to the argument that the averages represent a middle point and that most banks will fall on either side of that average See Section for technical considerations regarding averages 1 2 Net interest income TE to average assets Interest income TE to avg earning assets Real estate loans yield on Total loans amp leases TE yield on Commercial amp industrial loans yield on Interest income TE to average assets Net income to average assets UBPR User s Guide March 2004 Fiduciary activities income if available Noninterest income to average assets Deposit service charges Net from trading fees amp comms if avaliable Foreign exchange trading if available
122. e RC M Other Borrowed Money with a Remaining Maturity of One Year or Less RCFDB571 For prior quar ters includes Other Borrowed Money with a Remaining Maturity One Year or Less RCFD2332 Other Borrowing Maturing Over 1 Year From March 31 2001 forward includes information from schedule RC M Other Borrowed Money with a Remaining Maturity of One to Three Years RCFDB567 plus Other Borrowed Money with Remaining Maturity of Over Three Years RCFDB568 For prior quarters in cludes Other Borrowed Money with a Remaining Maturity of One to Three years RCDA547 plus Other Borrowed Money With Remaining Maturity of Over Three Years RCFDA548 Acceptances amp Other Liabilities The sum of the bank s liability on acceptances executed and outstand ing mortgage indebtedness and liability for capitalized leases and all other liabilities not included above Total Liabilities Including Mortgages Total Liabilities excluding notes and debentures subordinated to deposits Subordinated Notes amp Debentures Notes and debentures subordinated to deposits 15 All Common amp Preferred Capital All preferred and common stock sur plus undivided profits and capital reserves and cumulative foreign cur rency translation adjustments Total Liabilities amp Capital The total of the various liability and capital items listed above Memoranda Officer Shareholder Loans The aggregate number officers d
123. e Report See above Bank List Report This report pro vides a list of banks by peer group The list includes core information such as location assets and net income and it may be resorted by several criteria An individual bank s UBPR may be accessed directly from the list by clicking on the certificate number Peer Group Data Report This report displays all UBPR ratios averaged by peer group in UBPR format All peer groups are available Peer Group Distribution Report This report provides a distribution or range of values for all ratios that appear in the UBPR by peer group This report can provide valuable insight into the population of banks that are used to calculate peer aver age data that appears in the UBPR For example the UBPR calculates a trimmed average ROA for the peer group 9 of 1 18 Peer group nine is made up of 339 banks with net income to average assets ROA that ranges from 2 24 at the first per centile to 5 51 at the 99th percen tile The report displays ratio distri bution data in UBPR page format State Average Report Provides sum mary UBPR ratio data and selected aggregate information averaged by state A further breakdown of aver age statistical data is provided by asset size The information is pro vided for all states and territories in UBPR format State Distribution Report This report provides a distribution or range of values for all ratios that appear in the state
124. e is also displayed as a percentage of total trust assets as reported on RC T item 9 columns a and b Finally managed assets as reported on RC T item 5 a column a is displayed as a percent age of RC T item 5 a columns a and b Employee Benefit Defined Benefit Dollar balance of retirement related employee benefit defined benefit accounts as reported on schedule RC T item 5 b columns a and b is displayed The dollar balance is also displayed as a percentage of total trust assets as reported on RC T item 9 columns a and b Finally managed assets as reported on RC T item 5 b column a is displayed as a percent age of RC T item 5 b columns a and b Other Retirement Dollar balance of other retirement accounts as reported on schedule RC T item 5 c columns a and b is displayed The dollar balance is also displayed as a percentage of total trust assets as reported on RC T item 9 columns a and b Finally managed assets as reported on RC T item 5 c column a is displayed as a percent age of RC T item 5 c columns a and b Corporate Trust and Agency Dollar balance of corporate trust and agency accounts as reported on schedule RC T item 6 columns a and b is displayed The dollar balance is also displayed as a percentage of total trust assets as reported on RC T item 9 columns a and b Finally man aged assets as reported on RC T item 6 column a is displayed as a percent age of RC T item 6 columns a and b Investment
125. ed and non managed as reported on schedule RC T This grouping is reviewed quarterly Data from schedule RC T is avail able from December 31 2001 for ward however several reporting limitations apply Depending on asset size and the percentage of trust and related revenue to total income an individual institution may be required to report certain items quar annually or not at all As a con sequence peer group data for interim quarters may be based on a much smaller population of banks than year end data Please see instructions Fidcuciary Peer Group Descriptions Applies only to data shown on trust pages Includes insured commercial and savings banks with the following characteristics Peer Group Number Total Fiduciary Assets TRST301 In excess of 100 billion TRST302 Between 10 billion and 100 billion TRST303 Between 1 billion and 10 billion TRST304 Between 500 million and 1 billion TRST305 Between 100 million and 500 million TRST306 Less than 100 million Asset figure used are latest total for managed and non managed fiduciary assets from the FFIEC call report Schedule RC T UBPR User s Guide March 2004 for the report of condition and 2 details Because information on fiduciary income and expense is considered confidential only peer group data for those items will appear on the public UBPR website See section III for defi nitions of individual rati
126. ed and securities sold under agreements to repurchase interest expense on mortgage and capitalized leases divided by the average of the liabilities or funds that generated those expenses 12 CERT PAGE 04 CHARTER COUNTY BALANCE SHEET ASSETS LIABILITIES AND CAPITAL 000 12 31 2003 12 31 2001 12 31 1999 LYEAR ASSETS REAL ESTATE LOANS 66 257 000 45 407 000 36 949 000 9 52 COMMERCIAL LOANS 30 416 000 38 468 000 26 139 000 7 95 INDIVIDUAL LOANS 32 413 000 22 696 000 13 027 000 11 83 AGRICULTURAL LOANS 21 000 50 000 0 0 00 OTHER LN amp LS IN DOMESTIC OFFICES 24 076 000 32 526 000 21 722 000 10 45 LN amp LS IN FOREIGN OFFICES 31 040 000 39 022 000 34 977 000 10 70 GROSS LOANS amp LEASES 184 223 000 178 169 000 132 814 000 0 02 LESS UNEARNED INCOME 0 0 0 LN amp LS ALLOWANCE 3 151 000 3 275 000 2 254 000 11 79 NET LOANS amp LEASES 181 072 000 174 894 000 130 560 000 0 25 U S TREASURY amp AGENCY SECURITIES 43 413 000 39 033 000 44 399 000 34 17 MUNICIPAL SECURITIES 749 000 779 000 172 000 171 FOREIGN DEBT SECURITIES 7 348 000 13 433 000 9 722 000 41 97 ALL OTHER SECURITIES 2 291 000 113 000 1 201 000 475 63 INTEREST BEARING BANK BALANCES 9 602 000 12 495 000 30 165 000 14 42 FEDERAL FUNDS SOLD amp RESALES 106 166 000 75 076 000 26 694 000 TRADING ACCOUNT ASSETS 197 197 000 140 469 000 53 619 000 1 54 TOTAL INVESTMENTS 366 766 000 281 398 000 165 972 000 TOTAL EARNING ASSETS 547 838 000 456 292 000 296 532 000 NONINT CASH a
127. eet Sum of the above risk weighted credit equivalents of off balance sheet items Memo Category One 0 From March 31 2001 forward all com ponents in the RC R off balance sheet 0 category are summed and dis played For prior quarters components listed below are multiplied by 0 risk weight For display purposes no weighting is done For banks filing RC R credit equiva lents of off balance sheet items assigned to the O risk weight cat egory are used For banks not filing all RC R data no estimation is made Adjustments to Risk Weighted Assets Risk Weighted Asset Before Deductions The sum of total on and off balance sheet risk weighted assets 54 Minus Ineligible Deferred Tax Assets Not available from March 31 2001 forward Prior to March 31 2001 and from March 31 1997 forward for banks filing call Schedule RC R3 7 this item will be zero See tier one capital for definition Minus Ineligible Intangibles Not available from March 31 2001 forward Prior to March 31 2001 and from March 31 1997 forward for banks filing call Schedule RC R3 7 this item will be zero See tier one capital for definition Minus Reciprocal Capital Holdings Not available from March 31 2001 forward See tier two capital for definition Minus Excess Allowable Loans amp Lease Allowance From March 31 2001 forward excess allowance for loan and lease losses from RC R For prior quarters allow ance for loan a
128. em 4 b col umn b It is also expressed as a per centage of income on retirement related and agency accounts reported on RC T items 13 a b and c Investment Management Agency The dollar amount of gross losses on non managed investment manage ment agency accounts reported on schedule RC T memoranda item 4 c column b It is also expressed as a UBPR User s Guide March 2004 percentage of income in investment management agency accounts reported on RC T item 15 Other Fiduciary The dollar amount of gross losses on non managed other fiduciary accounts and related services reported on schedule RC T memo randa item 4d column b It is also expressed as a percentage of income from corporate trust and agency other fiduciary custody and safe keeping and other related services accounts reported on RC T items 14 16 17 and 18 Total Gross Non Managed Losses Total fiduciary settlements sur charges and other losses on managed accounts reported on schedule RC T item 4 e column It is also expressed as a percentage of total fiduciary and related services income reported on RC T item 19 Net Fiduciary Losses All The rate of net losses on fiduciary accounts is expressed as a percent age of the income generated by type of account Personal Trust and Agency The dollar amount of gross losses on managed personal trust and agency accounts reported on schedule RC T memoranda item 4 a column a plus gross losses
129. ense as reported in the Report of Income together with related infor mation such as number of offices and employees Key overhead items are also presented as percent of average assets together with other related ratios The lower portion of the page presents information relating earn ing assets the return or yield on spe cific earning asset categories and the cost of funds All yields and costs rates are annualized For more information concerning the methods used to calculate averages for asset yields and liability costs see Section Technical Information Non interest Income and Expenses 000 The dollar amounts in thousands for Non interest income and expenses as reported in the Report of Income Fiduciary Activities Year to date income from fiduciary activities Available for all banks from March 31 2001 forward Not avail able prior to March 31 2001 for banks filing 034 call form Deposit Service Charges Year to date service charges on deposit accounts Trading Venture Capital Securitization Income From March 31 2001 includes infor mation from schedule RI Trading Revenue RIADA220 plus Venture Capital Revenue RIADB491 plus Securitization Income RIADB493 For prior quarters includes Trading Revenue RIADA220 for banks fil ing call forms 031 032 or 033 UBPR User s Guide March 2004 Investment Banking Advisory Income From March 31 2001 forward includes information from s
130. ent agency accounts reported on sched ule RC T memoranda item 4 c column a It is also expressed as a percentage of income in invest ment management agency accounts reported on RC T item 15 81 Other Fiduciary The dollar amount of gross losses on managed other fiduciary accounts and related services reported on schedule RC T memoranda item 4d column a It is also expressed as a percentage of income from corporate trust and agency other fiduciary cus tody and safekeeping and other related services accounts reported on RC T items 14 16 17 and 18 Total Gross Managed Losses Total fiduciary settlements sur charges and other losses on managed accounts reported on schedule RC T item 4 e column It is also expressed as a percentage of total fiduciary and related services income reported on RC T item 19 Gross Fiduciary Losses Non Managed The rate of gross losses on fiduciary accounts is expressed as a percent age of the income generated by type of account Personal Trust and Agency The dollar amount of gross losses on non managed personal trust and agency accounts reported on schedule RC T memoranda item 4 a column B is displayed It is also expressed as a percentage of income on personal and trust agency accounts reported in RC T item 12 Retirement Trust and Agency The dollar amount of gross losses on non managed retirement trust and agency accounts reported on sched ule RC T memoranda it
131. eported in RC S item 4 a column b plus revolving loans 30 89 days past due as reported on RC N 1 c 1 col umn a as a percentage of securitized home equity lines reported on RC S item 1 column b plus home equity lines of credit from RC C item 1 2 1 Credit Card Receivables Dollar amount of securitized credit card receivables 30 to 89 days past due as reported in RC S item 4 a col umn c plus credit cards 30 89 days past due as reported in RC N item 5 a column a as a percentage of securitized credit card receivables reported on RC S item 1 column c plus loans to individuals on cards on RC C item 6 a Commercial and Industrial Dollar amount of securitized com mercial and industrial loans 30 to 89 days past due as reported in RC S item 4 a column f plus commercial and industrial loans 30 89 days past due as reported in RC N item 4 col umn a as a percentage of securitized commercial and industrial loans re ported on RC S item 1 column f plus commercial and industrial loans from RC item 4 All Other Loans and Leases Dollar amount of securitized all other loans and leases 30 to 89 days past due as reported in RC S item 4 a col umn e amp g plus loans and leases 30 to 89 days past due as reported on RC N column a in the following cat egories construction and land development item 1 a plus secured by farm land item 1 b plus secured by multifamily properties item 1 d plus secured by non farm nonresi dential proper
132. eported on RC S item 1 col umn d Commercial and Industrial Dollar amount of securitized com mercial and industrial loans 30 to 89 days past due as reported in RC S item 4 a column f as a percentage of securitized commercial and indus trial loans reported on RC S item 1 column f All Other Loans and Leases Dollar amount of securitized all other loans and leases 30 to 89 days past due as reported in RC S item 4 a UBPR User s Guide March 2004 column e amp g as a percentage of securitized other consumer loans plus all other loans reported on RC S item 1 columns e and g Total 30 89 Day Past Due Securitized Assets Dollar amount of all securitized loans and leases 30 to 89 days past due as reported in RC S item 4 a columns aig as a percentage of the total of all securitized assets from call schedule RC S item 1 columns a g 90 Day Past Due Securitized Assets Delinquencies are expressed as a per centage of securitized assets by category 1 4 FAMILY RESIDENTIAL LOANS Dollar amount of securitized 1 4 fam ily residential loans 90 plus days past due as reported in RC S item 4 b col umn a as a percentage of securitized 1 4 Family Residential loans reported on RC S item 1 column a Home Equity Lines Dollar amount of securitized home equity lines 90 plus days past due as reported in RC S item 4 b column b as a percentage of home equity lines reported on RC S item 1 column b Credit Card
133. es However if the bank s temporary investments UBPR page 10 are 49 percent of average assets compared with the peer group average of 17 percent and its volatile liabilities are 43 percent of average assets com pared with 19 percent for the peer group it can be concluded that the bank s assets and liability composi tion is substantially different from that of its peers Thus a lower net interest income TE to average assets ratio may be normal and proper as would be a lower over head expense to average assets ratio Dependence on large time deposits and federal funds purchased in short term investments normally produces narrower profit margins and does not require as large a building staff or operating budget as engaging more heavily in retail activities However overhead expenses that are not well below the peer group mean for such a bank could be cause for concern because of the potential effect on earnings As the above example demonstrates differences in assets and liability composition must be taken into consideration in order to properly interpret percentile rankings and ratio variations between the bank and its peer group By employing percentile rankings and peer group data as general guides or points of reference rather than as strict bench marks and by being aware of the interrelationship UBPR User s Guide March 2004 between the bank s balance sheet and its income statement analysis may
134. es 90 plus days past due as reported in RC S item 4 b columns ag Total Past Due Securitized Assets Dollar amount of all securitized loans and leases past due as reported in RC S items 4a and 4b columns a g Net Losses Securitized Assets Net losses are defined as chargeoffs less recoveries by each securitization category 1 4 Family Residential Loans Dollar amount of net chargeoffs for securitized 1 4 family residential loans as reported in RC S column a items 5 a less item 5b Home Equity Lines Dollar amount of net chargeoffs for securitized home equity lines as reported in RC S column b items 5a less 5b 66 Credit Card Receivables Dollar amount of net chargeoffs for securitized credit card receivables as reported in RC S column c items 5a 5b Auto Loans Dollar amount of net chargeoffs for securitized auto loans as reported in RC S column d items 5a less 5b UBPR User s Guide March 2004 Commercial and Industrial Dollar amount of net chargeoffs for securitized commercial and indus trial loans as reported in RC S col umn f items 5a less 5b All Other Loans and Leases Dollar amount of net chargeoffs for securitized all other loans and leases as reported in RC S columns e amp g items 5a less item 5b Total New Chargeoffs Securitized Assets Dollar amount of all net chargeoffs for securitized loan and leases as reported in 5 columns a g items 5a less 5b
135. es Securitized Assets Net losses each securitization cat egory are annualized then expressed as a percentage of a 5 quarter annual average of the related securitized assets 1 4 Family Residential Loans Annualized net chargeoffs for securitized 1 4 family residential loans as reported in RC S column a items 5 a less item 5b as a percentage of securitized1 4 Family Residential 69 loans reported on RC S item 1 col umn a Securitized assets are aver aged for 5 quarters Home Equity Lines Annualized net chargeoffs for securitized home equity lines as reported in RC S column b items 5a less 5b as a percentage of home equity lines reported on RC S item 1 column b Securitized assets are averaged for 5 quarters Credit Card Receivables Annualized net chargeoffs for securitized credit card receivables as reported in RC S column c items 5a less 5b as a percentage of securitized credit card receivables reported on RC S item 1 column c Securitized assets are averaged for 5 quarters Auto Loans Annualized net chargeoffs for securitized auto loans as reported in RC S column d items 5a less 5b as a percentage of securitized auto loans reported on RC S item 1 column d Securitized assets are averaged for 5 quarters Commercial and Industrial Annualized net chargeoffs for securitized commercial and indus trial loans as reported in RC S col umn f items 5a less 5b as a percent age of securitized c
136. es are shown at fair value Within each group a distribution by type of security is displayed Indi vidual outstanding balances for each security is divided by the end of period total of held to maturity and available for sale securities U S Treasury amp Government Agencies Securities issued by U S Treasury and U S Agencies and U S government sponsored agencies are displayed Municipal Securities General obligation revenue and industrial development bonds are shown Available prior to March 31 2001 Pass Through Mtg Backed Secs Pass through GNMA FNMA and privately issued mortgage backed securities are displayed CMO amp Remic Mtg Backed ecs CMO s and REMIC s issued by 46 FNMA and FHLMC collateralized by MBS guaranteed by FNMA FHLMC GNMA and other private issues are displayed Asset Backed Securities Available from March 31 2001 for ward Asset backed securities include those backed by credit card receiv ables home equity lines automobile loans other consumer loans com mercial loans and other assets Other Domestic Debt Securities Foreign Debt Securities Inv Mut F amp Oth MKTBL Investments in mutual funds and other marketable securities Shown in available for sale only Other Equity Securities Includes other equity securities Dis played as available for sale securities only UBPR User s Guide March 2004 Total Held To Maturity Sum of all securitie
137. et of rental income from schedule RI RIAD4217 Goodwill Impairment From March 31 2002 forward includes information from sched ule RI Goodwill Impairment Losses RIADC216 Other Intangible Amortization From March 31 2002 forward includes information from sched ule RI Amortization Expense and Impairment Losses for Other Intangible Assets RIADC232 Other Operating Expense From March 31 2002 forward includes information from sched ule RI Other Noninterest Expense RIAD4092 From March 31 2001 to December 31 2001 includes Amortization of Intan gible Assets RIAD4531 and Other Noninterest Expense RIAD4092 From December 31 2001 and prior includes Other Noninterest Expense RIAD4092 Note that for those quarters Amortization of Intan gible Assets was reported as a part of Other Noninterest Expense Total Overhead Expense Sum of personnel occupancy goodwill impairment other intangible amortization and other operating expense Related Items This UBPR page also presents the 10 following items related to bank over head Domestic Banking Offices The number of domestic banking offices including the main office in operation on the reporting date Foreign Branches NA appears at this caption for banks that do not have foreign offices International banking facilities IBFs are not included in this item Assets per Domestic Office Average domestic assets divide
138. exchange traded and over the counter or the sum of RC L items 11 c 1 and 11 d 1 columns A through D For prior quarters total written options both exchange traded and over the counter or the sum of RC L items 14 c 1 and 14 d 1 columns A through D Exchange Traded For quarters from March 31 2001 for ward total written options which are exchange traded or the sum of RC L items 11 c 1 columns A through D For prior quarters total written options which are exchange traded or the sum of RC L items 14 c 1 columns A through D Over The Counter For quarters from March 31 2001 for ward total written options which are traded over the counter or the sum of RC L items 11 d 1 columns A through D For prior quarters total written options which are traded over the counter or the sum of RC L items 14 d 1 columns A through D Purchased Options For quarters from March 31 2001 for ward total purchased options both exchange traded and over the counter or the sum of RC L items 11 c 2 and 11 d 2 columns A through D For quar ters prior total purchased options both exchange traded and over the counter or the sum of RC L items 14 c 2 and 14 d 2 columns A through D Exchange Traded For quarters from March 31 2001 for ward total purchased options which are exchange traded or the sum of RC L items 11 c 2 columns A through D For quarters prior total purchased options which are exchange traded or the sum of RC L items 1
139. ffectively As a general rule any analysis should compare the bank to its peer group consider the bank s trends over time and also be aware of trends and changes in peer group averages This users guide does not present detailed in depth instructions on ratio analysis nor does it assign particular value to individual ratios or groups of ratios Rather it simply summarizes one way of using the UBPR for analysis other approaches may be equally effective Its primary purpose is to explain the calculations of individual ratios Availability All Uniform Bank Performance Reports and related information are distributed online through the FFIEC website www ffiec gov First select UBPR User s Guide March 2004 Uniform Bank Performance Reports UBPR under Quick Links on the FFIEC website Please review the Schedule for the Online ubpr for information on when the current UBPR will be available Uniform Bank Performance Reports Select Search for a Uniform Bank Performance Report To identify a bank enter the FDIC certificate number OR enter the name or one or more of the geographic cri teria For example just entering Los Angeles and California will return a list of all banks in Los Angeles California All Statistical Reports Select All Statistical Reports This section lists all reports available in the online UBPR system Then choose from the following list of spe cial reports Uniform Bank Performanc
140. first two lines is repeated on all sub sequent UBPR pages These items are UBPR User s Guide March 2004 Cert bank s FDIC insurance cer tificate number e DSB bank s Federal Reserve district state bank member Bank Name City and State e Charter For national banks bank s OCC charter number This page also provides the bank s mailing address the name and loca tion of bank s holding company if any and the name of the bank s pri mary federal regulatory agency The Introductory Page also specifies the banks current UBPR peer group number and the criteria for that peer group See Section II of this guide for specification of all peer group criteria Note that each UBPR is addressed to the chief executive officer by title not name 2 CERT CHARTER COUNTY AVERAGE ASSETS 000 NET INCOME 000 NUMBER OF BANKS IN PEER GROUP EARNINGS AND PROFITABILITY PERCENT OF AVERAGE ASSETS INTEREST INCOME TE INTEREST EXPENSE NET INTEREST INCOME TE NONINTEREST INCOME NONINTEREST EXPENSE PROVISION LOAN amp LEASE LOSSES PRETAX OPERATING INCOME TE REALIZED GAINS LOSSES SEC PRETAX NET OPERATING INC TE NET OPERATING INCOME ADJUSTED NET OPERATING INCOME NET INCOME ADJUSTED SUB S NET INCOME MARGIN ANALYSIS AVG EARNING ASSETS TO AVG ASSETS AVG INT BEARING FUNDS TO AVG AST INT INC TE TO AVG EARN ASSETS INT EXPENSE TO AVG EARN ASSETS NET INT INC TE
141. focus on those areas of a bank s operation that merit concern thus providing a more complete under standing of the entire bank Method of Review The introductory page of the UBPR describes the bank s current peer group and the name and address of its holding company if applicable The primary financial analysis begins on UBPR page 01 with a review of summary ratios The Summary Ratios page Page 01 presents the bank s average assets and net income in dollars perfor mance ratios asset and liability man agement data capital ratios and growth rates It also shows percen tile rankings and peer group aver ages This page provides direction for analysis of the other sections of the report After the summary ratios section has been analyzed the bank s earnings section can be evaluated using a Decision Tree analysis approach Note that the UBPR is organized so that ratios on page one are supported by details on subse quent pages This approach is an attempt to explore how ratios are interrelated and how one ratio can affect other ratios thus allowing the analyst to trace the source of a par ticular performance characteristic to its root cause For example the interplay of rates earned on assets or paid on liabilities and the volume or mix of such assets and liabilities is segregated in the decision tree analysis Each component of a ratio and of each succeeding ratio can be deter mined by referring to
142. for sale equity securities inbcludible in tier 2 from RC R For prior quarters from September 30 1998 forward 45 of the unrealized gain in marketable equity securities is included in tier two capital Other Tier Two Capital Components Other Tier 2 Capital Components as reported on schedule RC R item 16 Net Eligible Tier Two From March 31 2001 forward allow able tier 2 capital from RC R includ ing other tier two capital components For prior quarters the sum of all tier two capital components Tier two capital cannot exceed 100 of tier one capital Total RBC Before Deductions Tier One amp Tier Two Sum of net tier one and net eligible tier two capital Tier Three and Financial Subsidiary Adjustment From March 31 2001 forward includes tier 3 capital allocated for market risk from RC R Also includes 50 of the adjustment for financial subsidiaries reported as reported on schedule RC R in total capital For prior quar ters includes reported tier three capi UBPR User s Guide March 2004 tal from call schedule RC R for banks filing 031 and 032 call forms from March 31 1998 forward Minus Reciprocal Capital Holdings Available for quarters prior to March 31 2001 includes interbank holdings of capital instruments from schedule RC M Reported only in December so for interim quarters the prior year end figure is used Deductions for Total RBC Total deductions for risk based capi tal as reporte
143. form the following calculation to determine annualized taxable income for tax equivalency purposes 1 Add pretax taxable income preliminary calculation ii Plus available tax exempt income from Part I Equals year to date adjusted income 2 Multiply the above result by the appropriate annualization factor Reporting Period Ending Annualization Factor March 31 YYYY 4 June 30 YYYY 2 September 30 YYYY 1 333 December 31 YYYY 1 Equals annualized amount of taxable income plus available tax exempt income UBPR User s Guide March 2004 A 2 B Calculating Estimated Tax Benefit 1 Find the appropriate tax benefit factor in the table below based on the annualized income calculated above Tax Rates and Tax Benefit Factors 1986 or earlier 1987 1988 or later Annualized Marginal Marginal Marginal Income from Tax Rate Tax Benefit Tax Rate Tax Benefit Tax Rate Tax Benefit Part II A Percent Factor Percent Factor Percent Factor up to 25 15 18 15 18 15 18 25 50 18 22 16 5 20 15 18 50 75 30 43 27 5 38 25 33 75 10 000 40 67 37 0 59 34 52 over 10 000 46 85 40 0 67 35 54 2 Enter the available tax exempt income from Part I here Multiply by the tax benefit factor from the above table X Estimated Tax Benefit year to date PART III Using the Estimated Tax Benefit in the UBPR The estimated tax benefit calculated in Part II which is based on total tax exempt income
144. formation permits the user to associate changes in earnings with a specific quarter and is a useful supplement to year to date earnings analysis The following rules apply to income expense asset and liability balances in One Quarter Annualized Income Analysis For the second third and fourth quar ters the current income expense item is subtracted from the prior quarter item then multiplied by 4 For the first quarter no subtraction is done but the income expense item is multiplied by 4 For the second third and fourth quar ters when push down accounting is indicated for the first time that year no subtraction is performed The reported value is multiplied by 4 The appropriate asset or liability loans will generally come from sched ule RC K averages for the current quarter In the few instances where banks do not report sufficient detail on RC K end of period balances are used The presentation of information on page twelve follows that of the analy sis on pages one and three An over all analysis of earnings and profit ability is followed by details on loan and lease capitalization yield and cost information The report of con dition and report of income compo UBPR User s Guide March 2004 nents used in calculations follow those used on pages one and three Refer to those pages for definition of components used in ratios Ratios using after tax income and dividends have been adjusted for
145. from call schedule RC S or the sum of items RCFDC397 RCFDC399 RCFDC404 and RCFDC406 Unused Liquidity Commitments Dollar amount of unused commit ments to provide liquidity to asset sold and securitized as reported on call item 3 columns a g Sellers Interest in Securities and Loans Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns b c and f Home Equity Lines Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns b Credit Card Receivables Dollar amount of ownership or sell UBPR User s Guide March 2004 ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns c Commercial and Industrial Loans Dollar amount of ownership or sell ers interests carried as securities RC B or loans RC C Reported in RC S items 6 a and 6 b columns f Total Retained Credit Exposure The total of all retained interest only strips from call schedule RC S item 2 a columns a g plus total of all other credit enhancements from call sched ule RC S item 2 b columns a g Asset Backed by Commercial Paper Conduits Dollar amount of credit enhance ments arising from conduit structures and commitments to provide liquid ity to conduit structures as reported in RC S items 3 a 1 amp 2 and 3
146. g a con version factor then the appropriate risk weight is applied Category Two 20 From March 31 2001 forward all com ponents in the RC R off balance sheet 20 category are summed and multi plied by 20 For prior quarters com UBPR User s Guide March 2004 ponents listed below are multiplied by 20 risk weight For banks filing RC R credit equiva lents of off balance sheet items assigned to the 20 risk weight cat egory are used For banks not filing all RC R data the following items are converted at the appropriate rate Financial standby letters of credit con veyed to others and securities lent are converted at 100 and performance standby letters of credit conveyed to others are converted at 50 Additionally for banks filing FFIEC 031 032 and 033 participation in acceptances conveyed to others are converted at 100 and participation in commitments with an original maturity over 1 year conveyed to oth ers are converted at 50 Category Three 50 From March 31 2001 forward all com ponents in the RC R off balance sheet 50 category are summed and multi plied by 50 For prior quarters com ponents listed below are multiplied by 50 risk weight For banks filing RC R credit equiva lents of off balance sheet items assigned to the 50 risk weight cat egory are used For banks not filing all RC R data the following items are converted at the 100 rate Principal balance of FNMA and
147. h category are brought directly forward from the end of period Report of Condition schedule RC Perpetual Preferred Stock Common Stock Surplus Undivided Profits Accumulated Other Comprehensive Income From March 31 2001 forward includes accumulated other compre hensive income For prior quarters includes accumulated G L cash flow hedges unrealized G L available for sale ecurities cumulative foreign cur rent adjustment Other Equity Capital Components Available from March 31 2001 for ward and includes other equity capi tal components Total Equity Capital Sum of all capital components above Subordinated Notes amp Debentures Subordinated notes and debentures as reported on schedule RC Changes in Total Equity 000 Displays the reconcilement of UBPR User s Guide March 2004 changes in equity capital from sched ule RI A The source of a change in capital may be identified in this section Balance at Beginning of Period Net Income Sale or Purchase Of Capital Merger amp Absorptions Restatements due to Accounting Errors and Changes From March 31 2001 forward includes restatements due to correc tions of material accounting errors and changes in accounting For prior quarters includes cumulative accounting changes as well as restate ments due to accounting errors and changes Transactions With Parent Less Dividends Other Comprehensive Income From March 31 2001 forward in
148. hedule RC R is deducted For prior quarters includes the sum of common stock surplus undivided profits net worth certificates cumu lative foreign currency adjustments less unrealized loss on marketable equity securities noncumulative per petual preferred stock minority inter est in consolidated subsidiaries Minus Ineligible Def Tax Assets From March 31 2001 forward from RC R For prior quarters from sched ule RCF Minus Ineligible Intangibles From March 31 2001 forward from RC R For prior quarters ineligible intangible assets is calculated by subtracting eli gible intan gible assets from total intangible assets on schedule RC M Eligible intangible assets are com posed of purchased credit card rela tionships and mortgage servicing rights subject to an overall limit of 100 of tier one capital From June 30 1997 forward mortgage servicing rights in this calculation are the lesser of book value or 90 of fair value Additionally state chartered member banks are allowed certain grand fathered intangibles as defined in schedule RC M Net Tier One From March 31 2001 forward tier 1 capital from RC R less the adjustment for financial subsidiaries For prior quarters it is the sum of the above capi tal components Tier Two Capital Qualifying Debt and Redeemable Preferred From March 31 2001 forward includes qualifying subordinated debt and redeemable preferred stock from RC R For prior qu
149. his page presents a summary of the bank s year to date Report of Income The major categories of income and expense reported on this page are expanded on subsequent pages of the UBPR The tax benefit associated with tax exempt income has been esti mated and added to total interest income and applicable income taxes The estimated tax benefit is allo cated to municipal securities and to municipal loans and leases This adjustment improves the compara bility of interest income among dif ferent banks and among different time periods Net income is shown as reported Please note that certain income items noted below are avail able only from March 31 2001 forward One year growth rates for the vari ous categories on this page are shown in the right most column Interest and Fee on Loans Year to date interest and fee on loans Income from Lease Financing Year to date income from lease financing receivables Tax Exempt Year to date income on loan obliga tions of states and political subdivi sions and tax exempt income from direct lease financing Estimated Tax Benefit The estimated tax benefit resulting from having tax exempt loan and lease financing receivables income See Section II Technical Information or Appendix B Tax Equivalency Worksheet for a discussion of the method used to calculate this item Income on Loans amp Leases TE Year to date income on loans and lease financing receivables plus the
150. ided by long term assets Available for all periods Brokered Deposits to Deposits Deposits acquired from brokers and dealers for the account of others divided by total deposits Brokered Deposits Maturing lt 1 year to Brokered Deposits Brokered deposits issued in amounts of less than 100M and maturing in less than one year plus brokered deposits issued in amounts of 100M or greater divided by total brokered deposits Not available prior to March 1996 Short Term Investments to Short Term Non Core Funding Short Term investments divided by short term non core funding Short Term Assets to Short Term Liabilities Short term assets divided by short term liabilities Net Short Term Liabilities to Assets Short term liabilities less short term assets divided by total assets Net Loans amp Leases to Deposits Net loans plus lease financing receiv ables divided by total deposits Net Loans amp Leases to Core Deposits Net loans plus lease financing receiv ables divided by total core deposits Net Loans Leases amp Standby Letters of Credit to Assets Net loans plus lease financing receiv ables and standby letters of credit divided by total assets Securities Mix Percent of Total Securities Securities are displayed in two groups based on whether they are classified as held to maturity or avail able for sale Held to maturity secu rities are shown at cost while avail able for sale securiti
151. ig 1 4 Family Residential Loans Dollar amount of securitized1 4 Fam ily Residential loans reported on RC S item 1 column a Home Equity Lines Dollar amount of securitized home equity lines reported on RC S item 1 column b Credit Card Receivables Dollar amount of securitized credit card receivables reported on RC S item 1 column c Auto Loans Dollar amount of securitized auto loans reported on RC S item 1 column d Commercial and industrial Loans Dollar amount of securitized com mercial and industrial loans reported on RC S item 1 column f All Other Loans and Leases Dollar amount of securitized other consumer loans plus all other loans UBPR User s Guide March 2004 reported on RC S item 1 columns e and g Retained Interest Only Strips The total of all retained interest only strips from call schedule RC S item 2 a columns a g 1 4 Family Residential Loans Dollar amount of credit exposure from retained interest only strips on 1 4 Family Residential loans reported on RC S item 2 a column a Home Equity Lines Dollar amount of credit exposure from retained interest only strips on home equity lines reported on RC S item 2 a column b Credit Card Receivables Dollar amount of credit exposure from retained interest only strips on credit card receivables reported on RC S item 2 a column c Auto Loans Dollar amount of credit exposure from retained interest only strips on auto loans
152. igations is normally the larg est component of tax exempt income for commercial banks the adjust ments made using this data normally produce a close approximation of the true tax equivalent position In essence the UBPR tax equivalent adjustment grosses up tax exempt income so that it approximates tax able income The tax equivalency adjustment in the UBPR follows this general proce dure e Determine the amount of tax exempt income available for tax benefit If pretax taxable income exceeds tax exempt income then all of the tax exempt income results in tax benefit In all other cases taxable income and tax cred its may be used to determine what amount if any of the tax exempt income produces tax benefit e Estimate the tax benefit Income tax rates are used to determine what proportion of the available tax exempt income is to be used as the estimated tax benefit Apply tax benefit to earnings The UBPR User s Guide March 2004 total tax benefit is allocated to securities and loans amp leases These estimated tax benefits are then added to pretax income for UBPR purposes The computed tax equivalent adjust ment is also added to applicable income taxes to balance the UBPR s income and expenses presentation For purposes of the UBPR income and expense presentation the tax equivalency adjustment is divided into two portions 1 the amount of currently usable tax benefit current tax equiva
153. igned to the primary bankers bank peer group Bankers banks are a unique type of financial institution that pro vide services to other banks bankers and bank directors They do not pro vide any banking services to the gen eral public Because bankers banks are highly specialized institutions many appear as outliers when com pared to traditional measures of bal ance sheet structure and other forms of comparison As a consequence the Bankers Banks Peer Group Description Peer Group Number 301 All Bankers Banks bankers bank peer group data has proven to be an especially useful as a tool for analyzing bankers banks Supplemental Peer Groups The UBPR also groups banks into two separate supplemental peer groups 2 Selected ratios are then averaged This analysis is provided as an enhancement to the primary peer group analysis available for all banks Fiduciary Peer Groups Trust pages 1 and 1A include peer group display peer average data for banks engaged in fiduciary activities For the purposes of these two pages banks are compared to peer group data that is computed using supple mental peer group definitions Banks continue to be compared to a pri mary peer group on all other pages of the UBPR Over 1 800 Commercial and FDIC Insured Savings Banks engaged in fiduciary activities have been assigned to one of six supplemental trust peer groups Banks are grouped by total fiduciary assets manag
154. income taxes Report of Income item 9 Plus Applicable income taxes on extraodinary items and other adjustment Report of Income item 11a Equals Total applicable income taxes UBPR User s Guide March 2004 A 4 v 100 Nondeductible Interest Expense Interest expense incurred to carry tax exempt obligations acquired after August 7 1986 that is not deductible for federal income tax purposes Report of Income item M1 Tax Exempt Income 3 01 Forward Forms 031 amp 041 RI M 243 3 84 12 86 After 12 86 to 12 00 Form 031 1 1 2 1 1 2 2 Form 032 1 6 2 1a 6 b 1b 2 Form 033 M7 M2 M5 1b 2 Form 034 M3 M3 UBPR User s Guide March 2004 A 5 Appendix B Other UBPR Products and Ordering Information In addition to the individual bank UBPR the FFIEC makes available other reports and data tapes derived from UBPR data Reports are avail able on line at www ffiec gov These items are Peer Group Report This report approximately 400 pages compiles the peer group ratio averages from all 25 peer groups that are prepared for presentation in UBPR s The items in this report have the same definitions as those given in Section III and the items are grouped as they are in the UBPR Information is grouped by peer group in a format similar to the UBPR with 5 quarters of information displayed In addition the Peer Group Report includes national
155. irectors principal shareholders and related interests with extensions of UBPR User s Guide March 2004 credit exceeding 500 000 or 5 of total capital Officer Shareholder Loans The aggregate amount of loans to officers directors principal share holders and related interests Non Investment ORE All other real estate owned Excludes direct and indirect investment in real estate ventures Reported for savings banks only Loans Held For Sale Loans held for sale as reported on schedule RC Held To Maturity Securities Held to maturity securities reported at cost beginning March 31 1994 This caption reflects total investment securities excluding trading assets for prior periods Available For Sale Securities Securities available for sale reported at fair value beginning March 31 1994 All Brokered Deposits Total brokered deposits from sched ule RC E 16 CERT PAGE 05 CHARTER COUNTY OFF BALANCE SHEET ITEMS amp DERIVATIVES ANALYSIS 12 31 2003 12 31 2001 12 31 1999 1 YEAR OUTSTANDING 000 HOME EQUITY 1 4 FAMILY 10 158 000 661 000 955 000 70 78 CREDIT CARD 0 0 2 683 000 COMMERCIAL RE SECURED BY RE 1 074 000 2 723 000 721 000 30 82 COMMERCIAL RE NOT SECURED BY RE 2 438 000 1 967 000 869 000 13 03 ALL OTHER 156 325 000 188 790 000 127 685 000 15 07 SECURITIES UNDERWRITING 0 17 000 0 MEMO UNUSED COMMIT W MAT GT 1 YR 87 971 000 80 648 000 58 434 000 8 69 STANDBY LETTERS OF CREDIT 49 141 000
156. is work sheet can be used to replicate the Uniform Bank Performance Report tax equivalency adjustment General Information This Tax Equivalency Worksheet is divided into four parts Part I determines the amount of tax exempt income that is available for tax benefit by comparing it to taxable income Part II estimates the tax benefit for this amount of available tax exempt income by determining the bank s marginal tax rate and multiplying by a percentage based on that tax rate Part III describes the usage of this estimated tax benefit in the UBPR in earning ratios dollar amounts and asset yield ratios The Definition of Preliminary Calculations section describes the calculation of items for Part I using Report of Income items PART I Determine the Amount of Tax Exempt Income Available for Tax Benefit Preliminary Calculations Calculate the following items according to the instructions in the last section of the Appendix i tax exempt income write the amount here and at Final Part I Calculation line b ii pretax taxable income iii total pretax income including tax exempt income iv total applicable income taxes v 100 nondeductible interest expense Alternatives for Part I Only one alternative is possible for any bank Alternative 1 If the bank does not have any tax exempt income the tax equivalent adjustment equals zero 0 and no further calculations are necessary Otherwise proceed to the next alternative
157. isions and other securities assets held in trading accounts interest bearing balances due from depository institutions and federal funds sold and securities pur chased under agreements to resell divided by average assets Average Interest Bearing Funds Average Assets Average interest bearing domestic and foreign office deposits federal funds purchased and securities sold under agreements to repurchase interest bearing demand notes note balances issued to the U S Treasury other liabilities for borrowed money 11 74 and notes and debentures subordi nated to deposits divided by aver age assets Interest Income TE Average Earning Assets Total interest income on a tax equiva lent basis divided by the average of the respective asset accounts involved in generating that income Interest Expense Average Earning Assets Total interest expense divided by the average of the respective asset accounts involved in generating interest income Net Interest Income TE Average Earning Assets Total interest income on a tax equiva lent basis less total interest expense divided by the average of the respec tive asset accounts involved in gen erating interest income Loan amp Lease Analysis Net Loss to Average Total Loan amp Lease Gross loan and lease charge offs less gross recoveries includes allocated transfer risk reserve charge offs and recoveries divided by average total loans and leases
158. its other than MMDAs divided by average total assets Time Deposits Under 100 Thousand Average total time deposits of less 28 than 100 thousand divided by average total assets Core Deposits The average of total deposits less time deposits of 100 thousand or more less deposits in foreign offices divided by average total assets Time Deposits of 100M or More The sum of the averages for time cer tificates of deposit of 100 thousand or more and other time deposits in amounts of 100 thousand or more divided by average total assets Deposits in Foreign Offices The average of total deposits in for eign offices including both interest bearing and Non interest bearing Edge and agreement subsidiaries and IBFs divided by average total assets Total Deposits Sum of all deposit categories above Federal Funds Purch amp Repos Average federal funds purchased and securities sold under agreements to repurchase divided by average total assets Total Federal Home Loan Bank Borrowings From March 31 2001 forward includes information from schedule RC M Five period average of Federal Home Loan Bank Borrowings with a remaining maturity of under one year UBPR User s Guide March 2004 RCFD2651 plus remaining maturity of one through 3 years RCFDB565 plus remaining maturity of over three years RCFDB566 expressed as a per centage of average total assets Total Other Borrowings Fr
159. ive contracts not held for trading pur poses with a positive fair value or the sum of RC L items 17 b 1 and c 1 columns A through D Not available for banks filing FFIEC 034 Memo Marked to Market For quarters from March 31 2001 for ward total of all derivative contracts not held for trading purposes that are marked to market and have a positive fair value or the sum of RC L items 21 14 b 1 columns A through D For prior quarters total of all derivative contracts not held for trading purposes that are marked to market and have a positive fair value or the sum of RC L items 17 b 1 columns A through D Not available for banks filing FFIEC 034 Current Credit Exposure on RBC Derivative Contracts Current credit exposure across all off balance sheet contracts covered by the risk based capital standards or RC R memoranda item 1 For quarters prior to March 31 2001 this item is avail able only for banks that answer yes to RC R item 1 or have assets greater then 1 billion or otherwise complete all of RC R Credit Losses Off Balance Sheet Derivatives Credit losses on off balance sheet derivatives or RI memoranda section item 10 For quarters prior to March UBPR User s Guide March 2004 31 2001 this item is available only for banks filing FFIEC call form 031 and 032 from March 31 1996 forward Past Due Derivative Instruments Fair Value Carries as Assets 90 Days PD For quarters pri
160. king premises fixed assets and other real estate owned Interest on Subordinated Notes amp Debentures Year to date interest on subordinated notes and debentures Total Interest Expense Sum of all interest expenses listed previously Net Interest Income TE Total interest income ona tax equiva lent basis less total interest expense Non Interest Income Year to date income from fiduciary activities when available service charges on deposits gains or losses and commissions and fees on assets held in trading accounts foreign exchange trading gains or losses other foreign transactions and other Non interest income Adjusted Operating Income TE Net interest income plus non interest income Non Interest Expense Year to date salaries and employee benefits expenses of premises and fixed assets net of rental income amortization of intangibles and other non interest operating expense Provision for Loan Lease Losses The year to date provision for pos sible loan and lease financing receiv able losses Pretax Operating Income TE The sum of year to date total tax equivalent interest income plus Non interest income less interest expense Non interest expense provision for possible loan and lease financing UBPR User s Guide March 2004 receivables losses and provision for allocated transfer risk Realized G L to Maturity Sec Year to date pretax net gains or losses on the s
161. l domestic time depos its of less than 100 000 and open account time deposits of 100 000 or more divided by the average of such deposits From March 31 1997 for ward time deposit open accounts not included Deposits in Foreign Offices Interest on deposits in foreign offices Edge and Agreement subsidiaries and IBF s divided by the average for such deposits Available for banks filing call form 031 Federal Funds Purchased amp Repos The expense of federal funds pur chased and securities sold under agreements to repurchase divided by the average of federal funds pur chased and securities sold under agreements to repurchase Other Borrowed Money Interest on demand notes note bal ances issued to the U S Treasury and on other borrowed money divided by the average of interest bearing demand notes note balances issued to the U S Treasury and other liabilities for borrowed money Subordinated Notes amp Debentures Interest on notes and debentures sub ordinated to deposits divided by the average of notes and debentures sub ordinated to deposits All Interest Bearing Funds Interest on all interest bearing depos its in domestic offices interest bear ing foreign office deposits demand notes note balances issued to the U S Treasury other borrowed money subordinated notes and debentures and expense on federal funds purchased and securities sold under agreements to repurchase interest expense
162. la displays an analysis of income and losses on fiduciary accounts Additionally gross loss recovery and net loss rates are calcu lated for each type of account To provide a basis for analysis of bank information average ratios are cal culated for a peer group of compara bly sized banks Please see section II for details on peer group composi tion and a description of the averag ing process Finally a percentile rank ing or relative position is developed for each income and loss ratio Please note that all fiduciary income and loss data as reported on RC T items 12 through 23 and memorandum item 4 are considered confidential While confidential information is pro vided to regulatory users it is not made available on the public UBPR website Individual banks should contact their respective federal bank supervisor for access to confidential information Fiduciary Income Fiduciary Assets An analysis of yields by type of fidu ciary account is presented Income generated by a particular type of account is divided by the outstand ing account balance For non year end dates the income is annual ized Please note that not all banks will report income on RC T Please see the call instructions on www ffiec gov Personal Trust and Agency Income from personal trust and agency accounts reported on RC T item 12 expressed as a percentage of personal trust and agency account assets reported on RC T item 4 col umns a and b
163. lances Interest on balances due from deposi tory institutions divided by the aver age of interest bearing balances due from depository institutions carried in domestic and foreign office Federal Funds Sold amp Resales Income on federal funds sold and securities purchased under agree ments to resell divided by the aver age of federal funds sold and securi ties purchased under agreements to resell Total Interest Bearing Deposits Interest on all interest bearing time and savings deposits in domestic and foreign offices divided by average interest bearing time and savings deposits in domestic and foreign offices Transaction Accounts Interest on transaction accounts NOW accounts ATS accounts and UBPR User s Guide March 2004 telephone and preauthorized trans fer accounts divided by the average balance of such deposits Other Savings Deposits For quarters from March 31 2001 for ward includes interest on other sav ings deposits all savings accounts and money market deposits accounts divided by the average of such deposits For quarters prior to March 31 2001 excludes MMDA s Time Deps over 100M or More Interest on time certificates of deposit of 100 thousand or more issued by domestic offices divided by the aver age of domestic time certificates of deposit of 100 thousand or more From March 31 1997 time deposits open accounts are included All Other Time Deposits Interest on al
164. lar information and ratios that can be used to assess the bank s liquidity position The bottom portion of the page presents the principal compo nents of the investment portfolio expressed as a percentage of total investment securities End of period calculations that may be used to ana lyze the maturity distribution and the degree of appreciation or deprecia tion in the investment portfolio are also shown Short Term Investments 000 The sum of Interest bearing bank balances Federal funds sold and securities purchased under agreements to resell Debt securities with a remaining maturity of one year or less Acceptances of other banks loans and commercial paper loans Commercial paper not included from March 31 1997 forward Acceptances not included from March 31 2001 forward Short Term Assets 000 The sum of Short term investments defined above Loans and leases with a remain ing maturity of one year or less Commercial Paper Not available and not deducted from March 31 1997 forward Acceptances of other banks Not available and deducted from March 31 2001 forward Short Term Non Core Funding 000 The sum of Time deposits of 100M or more with a remaining maturity of one year or less UBPR User s Guide March 2004 Brokered deposits issued in denominations of less than 100M with a remaining maturity or one year or less Other borrowed money with a remaini
165. lent adjustment and 2 the amount derived from carrying back losses to prior years other tax equivalent adjustments By adding the tax benefit on tax exempt assets to both book operat ing income and applicable income taxes the net after tax income reported by the bank remains unaf fected Adding the tax equivalent adjustments to income makes the pretax income figures for all banks comparable A Tax Equivalency Worksheet is pro vided in appendix A of this guide to enable the user to replicate the UBPR tax equivalent adjustment Mergers Merger activity occurs frequently among insured commercial banks The UBPR does not attempt to make a historical adjustment to restate information prior to the date of a merger The UBPR does attempt to minimize the effects of a merger on year to date profitability yield and rate cal culations pages 1 and 3 after a sig nificant merger A significant merger is one where asset growth exceeds 25 When a significant merger is encountered all profitability yield and rate calculations are adjusted to include only average assets and liabilities reported after the merger Pre merger asset data is ignored in the year of the merger However income and expense data is used as reported without adjustment The UBPR adjusts 1 quarter annual ized earnings ratios on page 12 when pushdown accounting is indicated The adjustment applies only to income and expense data Average asset a
166. lowance Average loan and lease allowance divided by average total assets Net Loans amp Leases Average loans and lease financing receivables net of unearned income and loss allowances reserves divided by average total assets Interest Bearing Bank Balances Average of all interest bearing bal ances due from depository institu tions divided by average total assets UBPR User s Guide March 2004 Federal Funds Sold amp Resales Average federal funds sold and securities purchased under agree ments to resell divided by average total assets Trading Account Assets Average trading account assets divided by average total assets Held to Maturity Securities For March 31 1994 and subsequent quarters held to maturity securities are included For prior periods total securities excluding trading assets are used Available for Sale Securities For March 31 1994 and subsequent quarters available for sale securities are shown Total Earning Assets The sum of the averages for net loans and lease financing receivables held to maturity and available for sale securities interest bearing balances due from depository institutions federal funds sold and resold and trading account securities divided by average total assets Noninterest Cash amp Due From Banks Average Noninterest bearing bal ances due from depository institu tions plus average currency and coin divided by average total assets Pre
167. lowance for loan losses and 53 allocated transfer risk reserve less assets assigned to 0 20 50 risk weight categories less participation in acceptances conveyed to others banks filing FFIEC 031 032 033 From September 30 1998 forward 45 of the unrealized gain on marketable equity securities is added to risk weighted assets Total On Balance Sheet Sum of all risk weighted on balance sheet assets Memo Category One 0 From March 31 2001 forward the total of components in the 0 balance sheet category is displayed For prior quarters components listed below are multiplied by 0 risk weight For dis play no weighting is done For banks filing RC R it is composed of assets assigned to the 0 risk weight category For banks not filing complete RC R data U S Treasury securities securi ties issued by U S Treasury agencies pass through securities guaranteed by GNMA currency and coin Additionally for banks filing FFIEC 031 032 and 033 balances due from Federal Reserve Off Balance Sheet From March 31 2001 forward risk weighted asset information for all banks is retrieved from RC R For prior quarters off balance sheet assets are derived from schedule RC R for banks that file all RC R data For banks that do not file all data information from schedule RC L is used For banks not filing RC R data the off balance sheet amounts are first converted to an on balance sheet equivalent usin
168. m types Details are provided only where specific loan categories are grouped together or where a call report exception applies The call report definition applies otherwise Each category of loans displays four types of loan delinquency Loans 90 Days Past Due Loans on Non Accrual Total of the first two categories Loans 30 89 days past due Note that loans 30 89 days are NOT a part of the previous total Real Estate Loans From March 31 2001 forward includes loans secured by real estate For quarters prior to March 31 2001 for banks filing 033 and 034 includes real estate loans For banks filing 031 and 032 forms includes loans secured by real estate Loans Finance Commercial RE Loans for the purpose of financing commercial real estate from RC C Construction amp Land Development Loans secured by real estate for the purpose of construction and lend development from RC C Single amp Multi Mortgage Includes loans secured by mortgages secured by 1 4 and multifamily 5 or more properties from RC C Non Farm Residential Mortgage Loans secured by mortgages on non 37 farm non residential property from Real Estate Loans in Foreign Offices Available from March 31 2001 for ward for banks filing 031 call form Commercial amp Industrial Loans From March 31 2001 forward includes commercial and industrial UBPR User s Guide March 2004 loans for all banks Prior to March 31
169. mation comes mostly from call schedule RC L Off Balance Sheet Items but also from schedules RC M Memoranda RC N Past Due and Nonac crual Loans Leases and Other Assets RC R Regulatory Capital and the RI report of income memoranda section Derivatives are summarized in several ways using the position indicators in the RC L matrix Data on this page is available from the March 31 1995 call report forward unless otherwise noted Please refer to page 5a for specific line item definitions Percent of Notional Amount Total Derivative Contracts The total of all derivative contracts All interest rate foreign exchange equity commodity and other con tracts are combined This item does not appear on page 5B but is used in computations below Interest Rate Contracts Total interest rate contracts as a per cent of total derivative contracts Foreign Exchange Contracts Total foreign exchange contracts as a percent of total derivative contracts Equity Commodity amp Other Contracts Total equity commodity and other contracts as a percent of total deriva tive contracts Derivatives Position Futures and Forwards Total futures and forward contracts as a percent of total derivative contracts UBPR User s Guide March 2004 Written Options Total written options both exchange traded and over the counter as a per cent of total derivative contracts Exchange Traded Total written options which are exchange traded
170. me Total of all cash dividends declared year to date divided by net income year to date If net income is less than or equal to zero NA is shown at this caption Retain Earns to Average Total Equity Net income less cash dividends declared divided by average equity capital Yield on or cost of Total Loans amp Lease TE Interest and fees on loans and income on direct lease financing receivables plus the tax benefit on tax exempt loan and lease income divided by average total loans and lease financing receivables See Appendix B regarding the calcula tion of tax benefits Loans in Domestic Offices Interest and fees on loans held in domestic offices divided by average domestic office loans Real Estate Loans Interest and fees on domestic office loans secured primarily by real estate divided by average domestic real estate loans Commercial amp Industrial Loans Interest and fees on domestic office commercial and industrial loans divided by average domestic com mercial and industrial loans Individual Loans Interest and fees on domestic office loans to individuals for house hold family and other personal expenditures divided by average domestic loans to individuals for household family and other per sonal expenditures Credit Card Plans Interest and fees on credit card plans divided by the average for credit card and related plans Agricultural Loans Interest and fees on domestic
171. mises Fixed Assets amp Capital Leases Average bank premises furniture and fixtures equipment and other assets representing bank premises including capitalized leases divided by average total assets Other Real Estate Owned Average real estate owned other than bank premises divided by average total assets Acceptance amp Other Assets The sum of the average for custom ers liability to the bank on acceptan ces outstanding investments in unconsolidated subsidiaries and associated companies and all other assets not included above divided by average total assets Subtotal The amount of Non interest cash and due from depository institutions pre mises and fixed assets including capitalized leases other real estate owned acceptances and other assets divided by average total assets Total Assets The total of the various percentages listed above In all instances the fig ure should approximate 100 percent Standby Letters of Credit Average standby letters of credit divided by average total assets Liabilities Percent of Average Assets Demand Deposits Average demand deposits divided by average total assets All NOW and ATS Accounts Average NOW and ATS accounts divided by average total assets See the description of these accounts for UBPR Page 04 Money Market Deposit Accounts Average MMDAs divided by aver age total assets Other Savings Deposits The average of all savings depos
172. mn f Percent of Tier 1 Capital Total Retained Credit Exposure The total of all retained interest only strips from call schedule RC S item 2 a columns a g plus the total of all other credit enhancements from call schedule RC S item 2 b columns a g as a percentage of tier 1 capital See definitions on UBPR page 11a for de tails on tier 1 capital Retained Interest Only Strips The total of all retained interest only strips from call schedule RC S item 2 a columns a g as a percentage of tier 1 capital See definitions on UBPR page 11a for details on tier 1 capital Retainend Credit Enhancements The total of all other credit enhance ments from call schedule RC S item 2 b as a percentage of tier 1 capital See definitions on UBPR page 11a for details on tier 1 capital 30 89 Day Past Due Securitized Assets 1 4 Family Residential Loans Dollar amount of securitized 1 4 fam ily residential loans 30 to 89 days past due as reported in RC S item 4 a column a UBPR User s Guide March 2004 Home Equity Lines Dollar amount of securitized home equity lines 30 to 89 days past due as reported in RC S item 4 a column b Credit Card Receivables Dollar amount of securitized credit card receivables 30 to 89 days past due as reported in RC S item 4 a col umn c Auto Loans Dollar amount of securitized auto loans 30 to 89 days past due as reported in RC S item 4 a column d Commercial and Industrial Dollar a
173. mount of securitized com mercial and industrial loans 30 to 89 days past due as reported in RC S item 4 a column f All Other Loans and Leases Dollar amount of securitized all other loans and leases 30 to 89 days past due as reported in RC S item 4 a col umn e amp g Total 30 89 Day Past Due Securitized Assets Dollar amount of all securitized loans and leases 30 to 89 days past due as reported in RC S item 4 a columns aig 90 Days Past Due Securitized Assets 1 4 Family Residential Loans Dollar amount of securitized 1 4 fam ily residential loans 90 days and over past due as reported in RC S item 4 b column a Home Equity Lines Dollar amount of securitized home equity lines 90 days and over past due as reported in RC S item 4 b column b Credit Card Receivables Dollar amount of securitized credit card receivables 90 days and over past due as reported RC S item 4 b column c Auto Loans Dollar amount of securitized auto loans 90 days and over as reported in RC S item 4 b column d Commercial and Industrial Dollar amount of securitized com mercial and industrial loans 90 days and over due as reported in RC S item 4 b column f All Other Loans and Leases Dollar amount of securitized all other loans and leases 90 days and over past due as reported in RC S item 4 b column e amp g Total 90 Plus Days Past Due Securitized Assets Dollar amount of all securitized loans and leas
174. mp Capital The total of the various percentages listed above In all instances this fig ure should approximate 100 percent Memo All Brokered Deposits Average total brokered deposits divided by average assets Insured Brokered Dep Average Brokered deposits issued in denominations less than 100 000 or participated out in shares less than 100 000 divided by average assets Direct and Indirect Investment in RE Average direct and indirect invest ments in real estate ventures divided by average assets Loans Held for Sale Loans held for sale as reported on schedule RC divided by average gross loans 29 CERT PAGE 07 CHARTER COUNTY ANALYSIS OF CREDIT ALLOWANCE AND LOAN MIX 12 31 2003 12 31 2001 12 31 1999 CHANGE CREDIT ALLOWANCE 000 BEGINNING BALANCE 3 572 000 2 399 000 3 031 000 GROSS CREDIT LOSSES 1 527 000 1 329 000 839 000 MEMO LOANS HFS WRITEDOWN 79 000 0 0 RECOVERIES 431 000 163 000 163 000 NET CREDIT LOSSES 1 096 000 1 166 000 676 000 PROVISION FOR CREDIT LOSS 512 000 1 707 000 220 000 OTHER ADJUSTMENTS 163 000 335 000 151 000 ENDING BALANCE 3 151 000 3 275 000 2 424 000 AVERAGE TOTAL LOANS amp LEASES 194 896 250 166 064 250 131 198 750 ANALYSIS RATIOS BANK PEERI PCT BANK PEERI PCT BANK PEERI LOSS PROVISION TO AVERAGE ASSETS 0 08 0 32 12 0 38 0 49 45 0 07 0 27 RECOVERIES TO PRIOR CREDIT LOSS 18 36 19 61 52 22 86 27 38 47 18 25 3140 NET LOSS TO AVERAGE TOTAL LN amp LS 0 56 0 51 65 0 70 0 67 60 0 52 0
175. mp DUE FROM BANKS 19 429 000 21 396 000 13 271 000 733 PREMISES FIX ASSTS CAP LEASES 6 010 000 5 502 000 3 359 000 430 OTHER REAL ESTATE OWNED 128 000 41 000 29 000 23 08 INV IN UNCONSOLIDATED SUBS 828 000 360 000 186 000 ACCEPTANCES amp OTH ASSETS 54 429 000 54 235 000 18 821 000 7 24 TOTAL ASSETS 628 662 000 537 826 000 332 198 000 1 01 AVERAGE ASSETS DURING QUARTER 631 133 000 585 225 000 312 488 000 3 49 LIABILITIES DEMAND DEPOSITS 29 093 000 34 657 000 20 815 000 2 35 ALL NOW amp ATS ACCOUNTS 2 220 000 2 604 000 1 044 000 0 94 MONEY MARKET DEPOSIT ACCOUNTS 76 929 000 43 862 000 27 585 000 27 88 OTHER SAVINGS DEPOSITS 35 986 000 29 188 000 21 001 000 11 68 TIME DEP UNDER 100M 5 785 000 8 170 000 6 893 000 16 81 CORE DEPOSITS 150 013 000 118 481 000 77 338 000 15 40 TIME DEP OF 100M OR MORE 40 236 000 41 621 000 25 083 000 3 71 DEPOSITS IN FOREIGN OFFICES 136 496 000 120 371 000 108 233 000 5 99 TOTAL DEPOSITS 326 745 000 280 473 000 210 654 000 8 71 FEDERAL FUNDS amp RESALE 76 634 000 79 946 000 47 425 000 FED HOME LOAN BOR MAT lt 1 YR 0 0 NA NA FED HOME LOAN BOR MAT gt 1 YR 0 0 NA NA OTH BORROWING lt 1 YR 13 974 000 7 689 000 4 064 000 188 42 OTH BORROWING MAT gt 1 YR 138 260 000 95 918 000 33 739 000 13 65 ACCEPTANCES amp OTHER LIABILITIES 27 530 000 31 060 000 12 494 000 10 24 TOTAL LIABILITIES INCL MORTG 583 143 000 495 086 000 308 376 000 0 83 SUBORD NOTES AND DEBENTURES 8 028 000 9 467 000 5 430
176. ncome plus securi ties gains or losses divided by aver age assets Net Operating Income After tax net operating income includ ing securities gains or losses which does not include extraordinary gains or losses divided by average assets Adjusted Net Oper Income Net operating income after taxes and securities gains or losses plus the pro vision for possible loan and lease losses less net loan and lease losses divided by average assets Net Income Adjusted Sub S Net income after securities gains or losses extraordinary gains or losses and applicable taxes adjusted for sub chapter S status divided by average assets Estimated income taxes is sub stituted for any reported applicable income taxes for banks that indicate sub chapter S status Estimated income taxes Federal income tax rates are applied to net income before extraordinary items and taxes plus non deductible interest expense to carry tax exempt securities less tax exempt income from securities issued by states and political subdivisions less tax exempt income from leases less tax exempt income from other ob ligations of states and political subdi visions See appendix A 3 for tax table Please note that this ratio will only be displayed for banks that elect sub chapter S status Net Income Net income after securities gains or losses extraordinary gains or losses and applicable taxes divided by aver age assets Margin Analysis A
177. nd lease losses less allowable loan and lease loss included in tier two capital Minus Allocated Transfer Risk Reserve Allocated transfer risk reserve UBPR User s Guide March 2004 Market Risk Equivalent Assets amp Financial Subsidiary Adjustment From March 31 2001 forward includes market risk equivalent assets from RC R Also includes the adjustment to risk weighted assets for financial subsidiaries as reported on schedule RC R For prior quarters includes reported market risk equivalent assets from schedule RC R for banks filing 031 and 032 call forms from March 31 1998 forward Total Risk Weighted Assets From March 31 2001 forward total risk weighted assets from RC R less the adjustment for financial subsid iaries For prior quarters this item is the total of the risk weighted assets calculated above including adjustments Risk Based Capital Tier One RBC to Risk Weighted Assets From March 31 2001 forward if the bank reports financial subsidiaries then the tier 1 risk based capital ratio adjusted for financial subsidiaries is displayed from RC R Otherwise the unadjusted tier 1 risk based capital ratio is displayed from RC R For prior quarters tier one capital divided by risk weighted assets Total RBC to Risk Weigh Assets From March 31 2001 forward if the bank reports financial subsidiaries then the adjusted total risk based capi tal ratio is displayed Otherwise the unadjusted total risk ba
178. nd liability data is not adjusted because it applies only to one quar ter When pushdown accounting is indicated the UBPR does not sub tract prior from current income or expense items to develop data for one quarter Instead the income or expense item is annualized as reported Finally the UBPR will flag the occur rence of a merger with a footnote on page 1 5 Section III Definitions of UBPR Items General This section describes the derivation of each of the items on each UBPR page Some UBPR pages have more than one set of items depending on the type of Call Report filed by the bank UBPR User s Guide March 2004 for the latest period See Section II for a summary of Call reporter types Such UBPR page versions differ in the amount of detail reported by the bank and presented in the UBPR Also some page versions differ in the manner of categorizing loans In addition some items do not appear on the public version of the UBPR compared to the bank and regula tory version Such items involve Call Report data that are deemed to be confidential This section specifies all of these distinctions between UBPR page versions 1 UBPR Introductory Page The Introductory Page specifies the edition date of the UBPR being presented identifies the sub ject bank provides a table of con tents and presents other notes and information Bank Identification The information presented on the
179. nds declared divided by average equity capital Growth Rates Growth rates are calculated for a 12 month period The percentage is determined by subtracting the account balance as of the correspond ing reporting period in the previous year from the current period account balance and dividing the result by the previous year balance The fol lowing growth rates are displayed Assets Tier One Capital Net Loans amp Leases Short Term Investments See definition on UBPR page 10 Short Term Non Core Funding See definition on UBPR page 10 Noncurrent Loans and Leases Summation of all categories of loans by past due status divided by gross loans See page 8 for specific definitions Total LNGLS 90 Days Past Due Summation of all categories of due loans by past due status divided by gross loans See page 8 for specific definitions Nonaccrual Total Total Assets Total assets for all banks with in the peer group Equity Capital Total of equity capital for all banks with in the peer group Net Income Total of net income for all banks with in the peer group Number of Banks in Tabulation Number of banks with in the peer group 75 CERT TRUSTPAGE 1 CHARTER COUNTY FIDUCIARY AND RELATED SERVICES 12 31 2003 12 31 2002 TOTAL FIDUCIARY AND REL ASSETS 000 TOTAL MGD 000 TOTAL MGD PERSONAL TRUST AND AGENCY 53 239 000 6 02 80 9 47 375 000 6 54 81 95 EMPLOYEE BENEFIT DC 52 600 000
180. ne 2 0 September 1 3333 Annualization for De Novo Banks and Banks Reporting Pushdown Accounting The annualization algorithm reflects the actual number of days a De Novo bank has been open in its first year of operation or the number of days that have elapsed since a push down transaction was reported The algo rithm divides the number of days in the year by the number days a De Novo Bank has been open or by the number of days since a push down transaction was reported For affected banks the revised annualization fac tor will replace the standard annual ization factor in the effected year Missing Data or Extreme Ratio Values When data is missing from an indi vidual calculation the UBPR will dis play NA When a ratio exceeds 999 or is less than 999 then or will be displayed respectively If there are an insufficient number of banks observations to permit calcu lation of a valid average ratio for peer group analysis NA will appear Subchapter S Adjustments For banks that elect Subchapter S sta tus for income taxes the UBPR adjusts after tax earnings used in Net Income as of Average Assets ROA This adjustment is performed to improve the comparability of those income between banks that are taxed at the corporation level non S Corp banks and those that have shifted income taxation to the shareholder level S Corp Banks Dollar data dis played in the UBPR is not adjusted In essence an es
181. nes secured by 1 4 family properties1 c 1 less closed end loans secured by 1 4 family properties item1 c 2 less loans to individuals on credit cards 6 a less other consumer loans item RC C 6 c less commercial and industrial loans from RC C item 4 as a percentage of total assets from RC item 12 plus the total of all securitized assets from call schedule RC S item 1 columns a g 63 CERT CHARTER COUNTY TOT SECURITIZATION ACT BY TYPE RETAINED INT ONLY STRIPS 1 4 FAMILY RESIDENTIAL LOANS HOME EQUITY LINES CREDIT CARD RECEIVABLES AUTO LOANS COMMERCIAL amp INDUSTRIAL LOANS ALL OTHER LOANS AND LEASES RETAINED CREDIT ENHANCEMENT 1 4 FAMILY RESIDENTIAL LOANS HOME EQUITY LINES CREDIT CARD RECEIVABLES AUTO LOANS COMMERCIAL amp INDUSTRIAL LOANS ALL OTHER LOANS AND LEASES UNUSED COMM TO PROVIDE LIQUIDITY SELLERS INT IN SECS amp LNS TRUST HOME EQUITY LINES CREDIT CARD RECEIVABLES COMMERCIAL AND INDUSTRIAL LOANS PERCENT OF TIER 1 CAPITAL TOTAL RETAINED CREDIT EXPOSURE RETAINED INTEREST ONLY STRIPS RETAINED CREDIT ENHANCEMENTS 30 89 DAY PD SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS HOME EQUITY LINES CREDIT CARD RECEIVABLES AUTO LOANS COMMERCIAL amp INDUSTRIAL LOANS ALL OTHER LOANS AND LEASES TOTAL 30 89 DAY PD SECUR ASSET 90 DAYS PD SECURITIZED ASSETS 1 4 FAMILY RESIDENTIAL LOANS HOME EQUITY LINES CREDIT CARD RECEIVABLES AUTO LOANS COMMERCIAL amp INDUSTRIAL LOANS ALL OTHER LOANS AND
182. nfidential items on non current restructured debt from Sched ule RC N of the Report of Condition Current Restructured Loans and Leases Total loans and leases restructured and in compliance with modified terms as a percentage of total loans and leases 40 CERT PAGE 09 CHARTER COUNTY INTEREST RATE RISK ANALYSIS AS A PERCENT OF ASSETS 12 31 2003 12 31 2001 12 31 1999 LONG ASSETS INSTS W OPTIONS BANK PCT BANK PEERI BANK MORTGAGE LOANS amp PASS THRUS 13 41 19 51 35 1176 16 42 16 59 15 94 LOANS amp SECURITIES OVER 15 YRS 6 25 5 66 63 1 15 6 09 1 30 4 66 LOANS amp SECURITIES 5 15 YRS 3 78 5 61 42 2 70 3 94 4 43 4 54 OTHER LOANS AND SECURITIES 23 65 54 89 6 30 81 56 49 37 85 60 00 LOANS amp SECURITIES OVER 15 YRS 0 86 2 03 32 0 11 1 93 0 00 153 LOANS amp SECURITIES 5 15 YRS 2 42 6 15 10 1 44 6 77 3 60 744 TOTAL LOANS amp SECURITIES OVR 15 1 1 7 95 58 126 8 35 130 6 36 CMO S TOTAL 0 36 5 28 27 0 02 4 09 1 63 3 73 AVGLIFE OVER 3 YEARS 0 00 3 42 24 0 00 2 42 0 00 259 STRUCTURED NOTES 0 00 0 02 84 0 00 0 00 0 00 0 01 MORTGAGE SERVICING 0 76 0 20 90 0 88 0 20 0 84 0 33 TOTAL 0 76 0 35 84 0 88 0 27 0 84 0 36 OVERALL RISK INDICATORS AVAILABLE FOR SALE 853 1923 17 9 84 16 46 16 49 15 67 HELD TO MATURITY 0 03 0 94 53 0 08 0 57 0 22 1 28 OFF BALANCE SHEET 157 03 48 56 93 12121 58 01 8665 56 89 UNREALIZED APPN DEPN 0 00 0 01 76 0 00 0 01 0 00 0 03 UNREAL APP DEP TIER ONE CAP 0 03 0 11 71 0 04 013 0 05 0 42
183. ng maturity one year or less Time deposits with a remaining maturity of 1 year or less in for eign offices Securities sold under agreements to repurchase and federal funds purchased Demand notes issued to the U S Treasury Not available from March 31 2001 forward Non Core Liabilities 000 The sum of Total time deposits of 100M or more Other borrowed money all maturities Foreign office deposits Securities sold under agreements to repurchase and federal funds purchased Insured brokered deposits issued in denominations of less than 100 000 Demand notes issued to the U S Treasury Not available from March 31 2001 forward Federal Home Loan Bank Borrowing Maturity Under 1 Year From March 31 2001 forward includes information from schedule RC M Federal Home Loan Bank Advances with a Remaining Matu rity of One Year or Less RCFD2651 Federal Home Loan Bank Borrowing Maturing Over 1 Year From March 31 2001 forward that includes information from schedule RC M Federal Home Loan Bank Advances with a Remaining Matu rity of One to Three Years RCFDB565 plus Federal Home Loan Bank Advances with a Remaining Maturity of Over Three Years RCFDB566 Other Borrowing Maturing Under 1 Year From March 31 2001 forward includes information from schedule RC M Other Borrowed Money with a Remaining Maturity of One Year or Less RCFDB571 For prior quarters includes Other Borrowed M
184. nt restructured debt consisting of loans and leases that have been restructured and are in compliance with modified terms Loans are grouped by type of loan however reporting differences require special treatment of non current loan ratios for banks filing call form 033 and 034 prior to March 31 2001 From March 31 2001 forward all banks file past due loan information using the same set of standards Ratio Calculation For Banks Filing FFIEC 031 and 032 Prior to March 31 2001 The loan and lease categories used under this heading correspond to the categories used in report of condi tion RC N and RC C For each cat egory the percentage is determined by dividing the end of period non current loan and lease figure by the corresponding loan figure from RC C Ratio Calculation For Banks Filing FFIEC 033 and 034 Prior to March 31 2001 Prior to March 31 2001 Banks filing call forms 033 and 034 are permitted to categorize loans using their own internal system for schedules RC N and RC K but not for schedule RC C For consistency in definition non cur rent loan and lease ratios use non current loan information from RC N and outstanding loan data from RC K Analysis of these data should be made in conjunction with analy sis of other information on loans and leases provided in this report Non Current LN amp LS 000 A recap in dollars of non current and UBPR User s Guide March 2004 restructured loans and le
185. oans amp leases to average assets Interest expense to average assets Securities AFS HTM to average assets Interest bearing bank balances to average assets Federal funds sold amp resold to average assets Trading account assets to average assets LO strips and other equity securities to average assets Time deps over 100M cost o All other time deposits cost o Foreign office deposits cost o Federal funds purchase amp repos cost of Interest bearing funds to average assets Other borrowings cost of Subord notes amp debentures cost of Interest bearing tranaction accounts to average assets Interest bearing non trans accounts to average assets Federal funds amp repos to average assets Foreign office deposits to average assets Other borrowings to average assets Subord rates amp debentures to average assets 1 3 Section Technical Information Banks Covered The Uniform Bank Performance Report covers all insured commer cial banks and FDIC Supervised Sav ings Banks which may be catego rized according to their charter types and primary regulatory agencies National banks which are regu
186. oans and leases 30 to 89 days past due as reported UBPR User s Guide March 2004 on RC N column b in the following categories construction and land development item 1 a plus secured by farm land item 1 b plus secured by multifamily properties item 1 d plus secured by non farm nonresi dential properties item 1 e plus loans to depository institutions item 2 plus loans to finance agricultural produc tion item 3 plus loans to foreign gov ernments item 6 plus all other loans item 7 plus lease financing receiv ables item 8 as a percentage of securitized other consumer loans plus all other loans reported on call sched ule RC S item 1 columns e and g plus total loans and leases RC C item 12 less revolving lines secured by 1 4 family properties1 c 1 less closed end loans secured by 1 4 family prop erties item1 c 2 less loans to individu als on credit cards item 6 a less other consumer loans item RC C 6 c less commercial and industrial loans from RC C item 4 Total 90 Plus Day Past Due Managed Assets Dollar amount of all securitized loans and leases 90 plus days past due as reported in RC S item 4 b columns a g plus loans and leases 90 plus days past due as reported in RC N items 1 8 column b as a percentage of all securitized assets as reported on RC S item 1 columns a g plus total loans and leases as reported on sched ule RC C item 12 Total Past Due Managed Assets Dollar amount of all securitized loan
187. of securitized1 4 Family Resi dential loans reported on RC S item 1 column a plus loans secured by 1 4 family residential real estate as reported on RC C items 1 2 a amp b Home Equity Lines Dollar amount of securitized home equity lines 90 plus days past due as reported in RC S item 4 b column b plus revolving loans 90 plus days past due as reported on RC N 1 c 1 col umn b as a percentage of securitized home equity lines reported on RC S item 1 column b plus home equity lines of credit from RC C item 1 2 1 Credit Card Receivables Dollar amount of securitized credit card receivables 90 plus days past due as reported in RC S item 4 b col umn c plus credit cards 90 plus days past due as reported in RC N item 5 a column b as a percentage of securitized credit card receivables reported on 5 item 1 column c plus loans to individuals on cards on RC C item 6 a Commercial and Industrial Dollar amount of securitized com mercial and industrial loans 90 plus days past due as reported in RC S item 4 b column f plus commercial and industrial loans 90 plus days past due as reported in RC N item 4 col umn b as a percentage of securitized commercial and industrial loans reported on RC S item 1 column f plus commercial and industrial loans from RC item 4 All Other Loans and Leases Dollar amount of securitized all other loans and leases 90 plus days past due as reported in RC S item 4 b column e amp g plus l
188. office loans to finance agricultural produc tion divided by average domestic loans to finance agricultural production Loans in Foreign Offices Interest and fees on loans in foreign offices divided by average loans in foreign offices Available for banks filing call form 031 Total Investment Securities TE Income on securities not held in trad ing accounts plus the estimated tax benefit on tax exempt municipal securities income divided by aver age U S Treasury and U S govern ment agency securities state and political subdivisions and other debt and equity securities Total Investment Securities Book Income on securities not held in trad ing accounts divided by average U S Treasury and U S government agency securities state and political subdivisions and other debt and equity securities US Treasury amp Agency Excluding MBS Income on U S Treasury securities and U S government agency obliga tions divided by average U S Trea sury securities and U S government agency obligations Excludes mort gage backed securities Available from March 31 2001 forward Mortgage Backed Securities Income on mortgage backed securi 58 ties divided by the average for those securities All Other Securities Income on all other securities divided by the average for those securities Includes taxable and tax exempt obligations issued by state and local subdivisions Interest Bearing Bank Ba
189. om March 31 2001 forward includes information from schedule RC M Five period average of Other Borrowed Money with a remaining maturity of under one year RCFDB571 plus remaining matu rity of one through 3 years RCFDB567 plus remaining matu rity of over three years RCFDB568 expressed as a percentage of average total assets For prior quarters includes Other Borrowed Money with a remaining maturity of under one year RCFD2332 plus remain ing maturity of one through three years RCFDA547 plus remaining maturity of over three years RCFDA548 Memo Short Term Non Core Funding See definition on page 4 for this caption Acceptances amp Other Liabilities The sum of the averages for the bank s liability on acceptances executed and outstanding mortgage indebtedness and liability for capi talized leases and all other liabilities not included above divided by aver age total assets Total Liabilities Including Mortgages Average total liabilities excluding notes and debentures subordinated to deposits divided by average total assets Subordinated Notes amp Debentures Average notes and debentures sub ordinated to deposits divided by av erage total assets All Common amp Preferred Capital Average of all preferred and com mon stock surplus undivided prof its and capital reserves and cumula tive foreign currency translation adjustments divided by average total assets Total Liabilities a
190. ommercial and industrial loans reported on RC S item 1 column f Securitized assets are averaged for 5 quarters All Other Loans and Leases Annualized net chargeoffs for securitized all other loans and leases as reported in RC S columns e amp g items 5a less item 5b expressed as a percentage of securitized other con sumer loans plus all other loans reported on RC S item 1 columns e and g Securitized assets are aver aged for 5 quarters Net Charge Losses Securitized Assets Dollar amount of all net chargeoffs UBPR User s Guide March 2004 for securitized loan and leases as reported in RC S columns a g items 5a less 5b as a percentage of the total of all securitized assets from call schedule RC S item 1 columns a g Securitized assets are averaged for 5 quarters 30 89 Day Past Due Managed Assets Delinquencies are combined for on balance sheet and securitized assets 1 4 Family Residential Loans Dollar amount of securitized 1 4 fam ily residential loans 30 to 89 days past due as reported in RC S item 4 a column a plus 1 4 family residential loans 30 89 days past due as reported on RC N item 1 c 2 column a as a percent of securitized1 4 Family Resi dential loans reported on RC S item 1 column plus loans secured by 1 4 family residential real estate as re ported on RC C items 1 2 amp b Home Equity Lines Dollar amount of securitized home equity lines 30 to 89 days past due as r
191. ommit W Mat Gt 1 YR Unused commitments reported the previous 6 categories with an origi nal maturity beyond one year Standby Letters of Credit The amount of outstanding and used standby letters of credit issued by the bank Amount Conveyed to Others The amount of standby letters of credit conveyed to others Commercial Letters of Credit Assets Securitized or Sold W Recourse Recourse exposure for above mort gage pools Amount of Recourse Exposure Principal balance of FNMA FHLMC Private and Farmer Mac mortgage pools transferred with recourse Credit Derivs Bank as Guarantor Credit Derivatives on which the bank is guarantor available from June 30 1997 forward Credit Derivs Bank as Beneficiary Credit Derivatives on which the bank is beneficiary available from June 30 1997 forward All Other Off Balance Sheet Items Contracts on other commodities and equities all other off balance sheet liabilities participation in acceptan ces conveyed and acquired securi ties borrowed securities lent com mitments to purchase and sell when issued securities Off Balance Sheet Items Sum of all off balance sheet items listed above 18 CERT 05 CHARTER COUNTY OFF BALANCE SHEET ITEMS amp DERIVATIVES ANALYSIS 12 31 2003 12 31 2001 12 31 1999 NOTIONAL AMOUNT 000 DERIVATIVE CONTRACTS 36 228 064 000 23 258 581 000 12 691 571 000 INTEREST RATE CONTRACTS 32 763 599 000 20 199 386 000 10
192. ommodity and other contracts as a percent of total derivative contracts Non Traded Marked to Market Total non traded contracts that are marked to market as a percent of total derivative contracts Derivative Contracts RBC Def Total derivative contracts as defined for risk based capital purposes as a percent of total derivative contracts For quarters prior to March 31 2001 this item is computed only for banks that answer yes to RC R item 1 or have assets greater then 1 billion or otherwise complete all of RC R One Year or Less Total derivative contracts maturing one year or less as defined for risk based capital purposes as a percent of total derivative contracts Prior to March 31 2001 this item is computed only for banks that answer yes to RC R item 1 or have assets greater 24 then 1 billion or otherwise complete all of RC R Over 1 Year to 5 Years Total derivative contracts maturing one to five years as defined for risk based capital purposes as a percent of total derivative contracts Prior to March 31 2001 this item is computed only for banks that answer yes to RC R item 1 or have assets greater then 1 billion or otherwise complete all of RC R Over 5 Years Total derivative contracts maturing over five years as defined for risk based capital purposes as a percent of total derivative contracts Prior to March 31 2001 this item is computed only for banks that answer ye
193. ommodity and other contracts or the sum of RC L items 15 columns C and D Non Traded From March 31 2001 forward total non traded derivatives or the sum of RC L item 13 columns A through D For quarter s prior total non traded derivatives or the sum of RC L items 16 a and b columns A through D Interest Rate Contracts For quarters from March 31 2001 for ward total non traded interest rate contracts or the sum of RC L item 13 column A For prior quarters total non traded interest rate contracts or the sum of RC L items 16 a and b column A Foreign Exchange Contracts For quarters from March 31 2001 for ward total non traded foreign exchange contracts or the sum of RC L item 13 column B For prior quarters total non traded foreign exchange contracts or the sum of RC L items 16 a and b column B Equity Commodity and Other Contracts For quarters from March 31 2001 for ward total non traded equity com modity and other contracts or the sum of RC L item 13 columns and B For prior quarters total non traded equity commodity and other contracts or the sum of RC L items 16 a and b col umns A and B UBPR User s Guide March 2004 Memo Marked to Market For quarters from March 31 2001 for ward total non traded contracts that are marked to market or the sum of RC L item 13 columns A through D For prior quarters total non traded contracts that are marked to market or the sum of RC L
194. on mortgage and capitalized leases divided by the average of the liabilities or funds that generated those expenses 59 CERT PAGE 13 CHARTER COUNTY SECURITIZATION AND ASSET SALE ACTIVITIES 12 31 2003 12 31 2001 12 31 1999 1 YEAR SECURITIZATION ACTIVITIES 28 589 000 4 783 000 NA 13 24 1 4 FAMILY RESIDENTIAL LOANS 20 317 000 0 NA 7 03 HOME EQUITY LINES 306 000 104 000 NA 35 71 CREDIT CARD RECEIVABLES 0 0 NA NA AUTO LOANS 5 537 000 2 955 000 NA 40 93 COMMERCIAL amp INDUSTRIAL LOANS 2 337 000 0 NA 36 75 ALL OTHER LOANS AND LEASES 92 000 1 724 000 NA 38 67 RETAINED INTEREST ONLY STRIPS 111 000 160 000 NA 43 65 1 4 FAMILY RESIDENTIAL LOANS 0 0 NA NA HOME EQUITY LOANS 0 0 NA NA CREDIT CARD RECEIVABLES 0 0 NA NA AUTO LOANS 109 000 154 000 NA 43 52 COMMERCIAL amp INDUSTRIAL LOANS 0 0 NA NA ALL OTHER LOANS AND LEASES 2 000 6 000 NA 50 00 RETAINED CREDIT ENHANCEMENTS 141 000 0 NA 235 71 1 4 FAMILY RESIDENTIAL LOANS 0 0 NA NA HOME EQUITY LOANS 0 0 NA NA CREDIT CARD RECEIVABLES 0 0 NA NA 2 320 00 AUTO LOANS 121 000 0 NA COMMERCIAL amp INDUSTRIAL LOANS 10 000 0 NA 62 96 ALL OTHER LOANS AND LEASES 10 000 0 NA 0 00 UNUSED LIQUIDITY COMMITTMENTS 0 0 NA NA SELLERS INTEREST IN SECS amp LOANS 26 000 0 NA DAN HOME EQUITY LINES 0 0 NA NA CREDIT CARD RECEIVABLES 0 0 NA NA COMMERCIAL amp INDUSTRIAL LOANS 26 000 0 NA 2121 TOTAL RETAINED CREDIT EXPOSURE 252 000 160 000 NA 544 ASSET BACKED COMML PAPER COND 30 637 000 36 852 000 NA 21 47
195. oney with a Remaining Maturity One Year or Less RCFD2332 Other Borrowing Maturing Over 1 Year From March 31 2001 forward includes information from schedule RC M Other Borrowed Money with a Remaining Maturity of One to Three Years RCFDB567 plus Other Borrowed Money With Remaining Maturity of Over Three Years RCFDB568 For prior quarters in cludes Other Borrowed Money with a Remaining Maturity of One to Three Years RCFDA547 plus Other Bor rowed Money With a Remaining Maturity of Over Three Years RCFDA548 Long Term Assets 000 Is used in ratio calculations below but does not appear on the page It is calculated as follows Net loans and leases Acceptances of other banks loans Not available from March 31 2001 forward Commercial paper loans Not available from March 31 1997 forward Held to maturity securities Available for sale securities Debt securities with a remaining maturity of one year or less Other real estate owned non investment 45 Core Deposits 000 Is used in ratio calculations but does not appear on the page See page 4 balance sheet All demand and savings deposits including money market deposit accounts and NOW and ATS accounts savings deposits plus time deposits in amounts of less than 100 thousand Short Term Liabilities 000 Is used in ratio calculations but does not appear on the page The sum of Time deposits less than 100 0
196. or to March 31 2001 book value of amounts carried as assets of interest rate foreign exchange commodity and other con tracts past due 90 days or more from RC N memoranda From March 31 2001 forward fair value is used Impact of Non traded Derivative Contracts Increase Decrease in Interest Income Impact of off balance sheet derivatives held for purposes other than trading on interest income or RI memoranda item 9 a For quarters prior to March 31 2001 not available for banks filing FFIEC 034 Increase Decrease in Interest Expense Impact of off balance sheet derivatives held for purposes other than trading on interest expense or RI memoranda item 9 b for quarters prior to March 31 2001 not available for banks filing FFIEC 034 Increase Decrease in Other Noninterest Allocations Impact of off balance sheet derivatives held purposes other than trading on other noninterest allocations or RI memoranda item 9 b for quarters prior to March 31 2001 not available for banks filing FFIEC 034 Increase Decrease in Net Income Impact of off balance sheet derivatives held for purposes other than trading on net income or the sum of RI memo randa items 9 a b and c For quarters prior to March 31 2001 not available for banks filing FFIEC 034 22 CERT CHARTER COUNTY PERCENT OF NOTIONAL AMOUNT INTEREST RATE CONTRACTS FOREIGN EXCHANGE CONTRACTS EQUITY COMM amp OTHER CONTR FUTURES AND FORWARDS
197. os State Average Peer Groups The State Average Page STAVG is displayed for all banks as a part of the online UBPR While it does not display individual bank data it does provide averages of selected perfor mance and balance sheet data for banks within in the state Addition ally the same performance and bal ance sheet data is sub divided into three asset categories The state aver age page is provided as a supple ment to the primary peer group data discussed above Computing Peer Group Averages Peer group averages shown in the UBPR are a trimmed average of the ratios for individual banks The peer group average for a given ratio is trimmed or adjusted to eliminate the effect of outliers or banks above the 95th and below the 5th percentile The resulting average in most cases is very close to the median or mid point value for a given group of banks Thus the peer group average could be thought of as representing the performance of the bank in the middle for a specific ratio It should be noted that the group of banks averaged for one ratio will differ from that used in other ratios This occurs because the top and bottom 5 of banks designated as outliers will change from ratio to ratio Consequently averages for separate ratios cannot be added or otherwise combined The resulting peer group ratios are very stable over time and are not influenced by out lier banks As an example the trimmed average Return on As
198. otal managed and non managed account assets reported on RC T item 9 columns a and b Custody and Safekeeping Income from custody and safekeep ing accounts as reported on schedule RC T item 17 expressed as a percent age of custody and safekeeping accounts as reported on schedule RC T item 10 column b Memo Fiduciary Income Foreign Fiduciary and related services income foreign offices as reported on schedule RC T item 19a expressed as a percentage of total managed and non managed fiduciary accounts held in foreign offices as reported on schedule RC T item 11 columns a and b Gross Fiduciary Losses Managed The rate of gross losses on fiduciary accounts is expressed as a percent age of the income generated by type of account Personal Trust and Agency The dollar amount of gross losses on managed personal trust and agency accounts reported on schedule RC T memoranda item 4 a column a is dis played It is also expressed as a per centage of income on personal and trust agency accounts reported in RC T item 12 Retirement Trust and Agency The dollar amount of gross losses on managed retirement trust and agency accounts reported on schedule RC T memoranda item RC T item 4 b col umn a It is also expressed as a per centage of income on retirement related and agency accounts reported on RC T items 13 a b and c Investment Management Agency The dollar amount of gross losses on managed investment managem
199. ote that all yields and rates are annualized and those averages are year to date averages See Section II for descriptions of annualizing and averaging methods Yields on indi vidual loan categories are not calcu lated for banks with assets below 25M because of data limitations Yields and costs rates use averages from Report of Condition Schedule RC K whenever the data is reported Total Loans amp Lease TE Interest and fees on loans and income on direct lease financing receivables plus the tax benefit on tax exempt loan and lease income divided by average total loans and lease financing receivables See Appendix B regarding the calcula tion of tax benefits Total Loans or Loans in Domestic Offices Interest and fees on loans held in domestic offices divided by average domestic office loans Real Estate Loans Interest and fees on domestic office loans secured primarily by real estate divided by average domestic real estate loans Commercial amp Industrial Loans Interest and fees on domestic office commercial and industrial loans divided by average domestic com mercial and industrial loans Individual Loans Interest and fees on domestic office loans to individuals for household family and other personal expendi tures divided by average domestic loans to individuals for house hold family and other personal expenditures Credit Card Interest and fees on credit card plans divided by aver
200. ount of stock bond blend funds as reported on RC T memo UBPR User s Guide March 2004 randa item 3 c column b is displayed It is also expressed as a percentage of total collective investment funds reported on RC T memoranda item h column b Taxable Bond Dollar amount of taxable bond funds as reported on RC T memoranda item 3 d column b is displayed It is also expressed as a percentage of total col lective investment funds reported on RC T memoranda item h column b Municipal Bond Funds Dollar amount of municipal bond funds as reported on RC T memo randa item 3 e column b is displayed It is also expressed as a percentage of total collective investment funds reported on RC T memoranda item h column b Short Term Money Market Dollar amount of short term invest ments money market funds as reported on RC T memoranda item 3 f column b is displayed It is also expressed as a percentage of total col lective investment funds reported on RC T memoranda item h column b Specialty Other Dollar amount of specialty other funds as reported on RC T memo randa item 3 g column b is displayed It is also expressed as a percentage of total collective investment funds reported on RC T memoranda item h column b Total Trust Funds Dollar amount of total collective investment funds as reported on RC T memoranda item 3 h column b is displayed 83 Appendix A Tax Equivalency Worksheet Th
201. pense related to trust activities is displayed Additionally each component of income is expressed as a percentage of gross fiduciary and related services income Note that this information is confi dential and as a consequence WILL 78 NOT be displayed on the public website Regulatory users have access to the information Individual banks should see their respective fed eral bank supervisor to obtain this information Personal Trust and Agency Total amount of income from per sonal trust and agency accounts as reported on RC T item 12 It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Employee Benefit Defined Contribution Total amount of income from employee benefit defined contribu tion accounts as reported on RC T item 13 a It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Employee Benefit Defined Benefit Total amount of income from employee benefit defined benefit accounts as reported on RC T item 13 b It is also expressed as a percent age of gross fiduciary income as reported on RC T item 19 Other Retirement Total amount of income from other retirement accounts as reported on RC T item 13c It is also expressed as a percentage of gross fiduciary income as reported on RC T item 19 Corporate Trust and Agency Total amount of income from corpo rate trust and agency accounts as UBPR User s Guide March 20
202. r 032 includes all other loans lease financing and loans to foreign gov ernments and institutions Gross LN amp LS Summation of all categories of due loans by past due status divided by gross loans Other Pertinent Ratios Non Current LNGLS to LNGLS Allowance Total 90 days past due and non accrual loans and leases divided by the allowance for loan and lease losses Non Cur LNG amp LS to Equity Capital Total 90 days past due and non accrual loans and leases divided by total equity capital Total P D LN amp LS Incl Nonaccrual Total 90 days past due non accrual and 30 89 days past due loans and leases divided by gross loans and leases IENC Loans to Total Loans Income earned or accrued on loans but not collected divided by gross loans Non Curr Lns OREO to Lns OREO Loans and leases 90 days and over past due and still accruing Loans and leases on nonaccrual All other real estate owned noninvestment total loans and leases plus all other real estate owned noninvestment Non Curr Restruc Debt Gr LN amp LS Total restructured debt that is 90 days past due or on non accrual by its revised terms divided by gross loans and leases Curr Non Curr Restruct Gr LNGLS Total of restructured loans and leases that are current 90 days past due on nonaccrual divided by gross loans and leases The following ratios are not made available to the public since they in volve the co
203. r Average Assets for Latest Quarter Banking Offices Location 1 In excess of 3 billion 2 Between 1 billion and 3 billion 3 Between 300 million and 1 billion 4 Between 100 million and 3 million 3 or more Metropolitan area 5 Between 100 million and 300 million 3 or more Non metropolitan area 6 Between 100 million and 300 million 2 or fewer Metropolitan area 7 Between 100 million and 300 million 2 or fewer Non metropolitan area 8 Between 50 million and 100 million 3 or more Metropolitan area 9 Between 50 million and 100 million 3 or more Non metropolitan area 10 Between 50 million and 100 million 2 or fewer Metropolitan area 11 Between 50 million and 100 million 2 or fewer Non metropolitan area 12 Less than 50 million 2 or more Metropolitan area 13 Less than 50 million 2 or more Non metropolitan area 14 Less than 50 1 Metropolitan area 15 Less than 50 million 1 Non metropolitan area De Novo Less than 750 million Each De Novo bank is grouped by the year of opening with other De Novo banks for period of five years subject to the asset limitation Each De Novo peer group is described by it s year e g 2001 2002 2003 2004 Initially the UBPR will include De Novo peer groups from 2001 through 2004 This structure is used to develop average or composite ratios by peer group Because similar sized banks operating under similar conditions are compared the peer group ratios provide a useful benchmark of per
204. r facility to re compute UBPR peer group statis tics based on a custom or user defined group of banks Please see ttp WWWw iec gov UBPR htm UBPR User s Guide March 2004 Annualization for De Novo banks and banks reporting pushdown accounting Refined the annualization algorithm to include the actual number of days a De Novo bank has been open and to reflect the number of days since a pushdown transaction was reported Please see Section II of the Users Guide for details Additional infor mation is available at www tfiec gov UB _changes_ 200311 htm Peer Groups Combined several insured commer cial bank peer groups and expanded the peer group analysis of De Novo banks Consolidation of the banking industry has reduced the number of banks Consequently some peer groups used in the UBPR contain well under 50 institutions and the result ing statistics were in some instances not reflective of the peer group The number of peer groups was reduced from 24 to 15 while retaining the ben efits of defining peer groups by a combination of asset MSA and branching characteristics The analy sis of De Novo banks was revised by grouping banks in the year of open ing Initially the UBPR will include De Novo peer groups from 2001 for ward See Section II of the Users Guide for details of the new defini tions Also refer tohttp www ffiec gov UBPR htm fora description and analysis O ese changes UBP
205. r low percentile ranking to an individual bank s financial condi tion and performance Please note that unlike the peer group average methodology discussed above all banks within the peer group are included in the percentile ranking Computations and Adjustments Calculating Asset and Liability Averages The UBPR uses three different meth odologies for calculating averages 3 The first type of average is a cumula tive or year to date average of the one quarter averages for assets and liabilities reported in call schedule RC K The resulting year to date averages are used as the denomina tor in earnings ratios yield and rate calculations found on pages 1 and 3 of the UBPR As an example the average assets used for page 1 earn ings analysis in the September 30th UBPR would reflect an average of the quarterly average assets reported in March June and September of the current year The second type of average is a cumulative or year to date average of end of period balances reported on Schedules RC RC B RC C and RC E from the beginning of the year forward To provide an accurate average the asset or liability balance at the prior year end is also included Averages calculated in this manner are used to determine the percentage composition of assets and liabilities on page 6 as well as selected ratios on page 7 For example the September 30th year to date average total loans is composed of the spot bal
206. rked to Market X Total of all derivative contracts not held for trading purposes that are marked to market and that have a positive fair value divided by tier one capital Prior to March 31 2001 not computed for banks filing FFIEC 034 Current Credit Exposure on RBC Derivative Contracts X Current credit exposure across all off balance sheet contracts covered by the risk based capital standards or RC R memoranda item 1 divided by tier one capital Prior to March 31 2001 this item is available only for banks that answer yes to RC R item 1 or have assets greater then 1 bil lion or otherwise complete all of RC R Credit Losses Off Balance Sheet Derivatives Credit losses on off balance sheet derivatives or RI memoranda sec tion item 10 as a percent of tier one capital Prior to March 31 2001 this item is available only for banks filing FFIEC call form 031 and 032 from March 31 1996 forward Past Due Derivative Instruments Fair Value Carried as Asset 90 Days PD Prior to March 31 2001 book value of amounts carried as assets of interest rate foreign exchange commodity and other contracts past due 90 days or more or RC N memoranda item 4a column B as a percent of tier one capital For quarters from March 31 2001 forward fair value used Other Ratios Current Credit Exposure Risk Weighted Assets Current credit exposure across all off balance sheet contracts covered by the risk based capit
207. s to RC R item 1 or have assets greater then 1 billion or otherwise complete all of RC R Gross Negative Fair Value Total of all derivative contracts with a negative fair value as a percent of total derivative contracts Prior to March 31 2001 not computed for banks filing FFIEC 034 Gross Positive Fair Value Total of all derivative contracts with a positive fair value as a percent of total derivative contracts Prior to March 31 2001 not computed for banks filing FFIEC 034 Percent of Tier One Capital note that most computations in volving tier one capital X are NOT converted to percent format Gross Negative Fair Value X Total of all derivative contracts with a negative fair value divided by tier one capital Prior to March 31 2001 not computed for banks filing FFIEC 034 Gross Positive Fair Value X Total of all derivative contracts with a positive fair value divided by tier UBPR User s Guide March 2004 one capital Prior to March 31 2001 not computed for banks filing FFIEC 034 Held For Trading X Total of all derivative contracts held for trading with a positive fair value divided by tier one capital Prior to March 31 2001 not computed for banks filing FFIEC 034 Non Traded X Total of all derivative contracts not held for trading purposes with a posi tive fair value divided by tier one capital Prior to March 31 2001 not computed for banks filing FFIEC 034 Memo Ma
208. s amp Pass Thrus Sum of all repricings for mortgage pass through securities backed by closed end first lien residential mort gages and closed end loans secured by liens on 1 4 family residential properties divided by total assets Loans and Securities Over 15 Years Sum of repricings over 15 years for above divided by total assets Loans and Securities 5 to 15 Years Sum of repricings from 5 to 15 years for above divided by total assets Other Loans and Securities Sum of all repricings for securities issued by U S Treasury agencies state and political subdivisions and all loans and leases other than closed end loans secured by first liens on 1 4 family residential properties divided by total assets Loans and Securities Over 15 Years Sum of repricings over 15 years for above divided by total assets Loans and Securities 5 to 15 Years Sum of repricings from 5 to 15 years for above divided by total assets UBPR User s Guide March 2004 Total Loans and Securities Over 15 Sum of repricings over 15 years for Mortgage Loans and Pass Throughs and Other Loans and Securities divided by assets CMOS Total Sum of all repricings for other mort gage backed securities including CMO s REMIC s and stripped MBS divided by assets Avg Life Over 3 Years Repricings over three years for above divided by assets Structured Notes Structured notes included in held to maturity and available for sale ac
209. s and leases past due as reported in RC S items 4a and 4b columns a g plus loans and leases past due as reported in schedule RC N items 1 8 as a percentage of all securitized as sets as reported on RC S item 1 col umns a g plus total loans and leases as reported on schedule RC C item 12 Net Losses on Managed Assets Net losses are combined for each securitized and on balance sheet asset category then annualized and expressed as a percentage of the related the related securitized and on balance sheet assets The denomi nator is a five period average 1 4 Family Residential Loans Annualized net chargeoffs on securitized 1 4 family residential loans as reported in RC S column a item 5a less 5b plus net chargeoffs on 1 4 family residential loans as reported in RI B item 1 c 2 column a less column b as a percent of securitized 1 4 Family Residential loans reported on RC S item 1 col umn a plus loans secured by 1 4 family residential real estate as reported on RC C items 1 c 2 a amp b Denominator is averaged for 5 periods Home Equity Lines Annualized net chargeoffs on securitized home equity lines as reported in RC S column b item 5a less 5b plus net chargeoffs on revolv ing loans item 1 c 1 column less column b as a percentage of securitized home equity lines reported on RC S item 1 column b plus home equity lines of credit from RC C item 1 2 1 Denominator is averaged for 5 quarters Credi
210. s a g UBPR User s Guide March 2004 Home Equity Lines Dollar amount of securitized home equity lines reported on RC S item 1 column b plus home equity lines of credit from RC C item 1 2 1 as a per centage of total assets from RC item 12 plus the total of all securitized assets from call schedule RC S item 1 columns a g Credit Card Receivables Dollar amount of securitized credit card receivables reported on RC S item 1 column c plus loans to indi viduals on cards on RC C item 6 a as a percent of total assets from sched ule RC item 12 plus the total of all securitized assets from call schedule RC S item 1 column a g Auto Loans Dollar amount of securitized auto loans reported on RC S item 1 col umn d plus other consumer loans from RC item 6 c as a percentage of total assets from RC item 12 plus the total of all securitized assets from call schedule RC S item 1 columns a g Commercial and Industrial Loans Dollar amount of securitized com mercial and industrial loans reported on RC S item 1 column f plus com mercial and industrial loans from RC item 4 as a percentage of total assets from RC item 12 plus the total of all securitized assets from call schedule RC S item 1 columns All Other Loans and Leases Dollar amount of securitized other consumer loans plus all other loans reported on call schedule RC S item 1 columns e and g plus total loans and leases RC C item 12 less revolv ing li
211. s and lease financing receivable losses divided by total assets Capitalization Tier One Leverage Capital Tier one capital divided by adjusted average assets See the description of UBPR Page 11A for definitions of tier one capital and adjusted average assets Cash Dividends to Net Income Total of all cash dividends declared year to date divided by net income year to date If net income is less than or equal to zero NA is shown at this caption Retain Earns to Average Total Equity Net income less cash dividends declared divided by average equity capital Restructured Non Accrual RE to EQCAP ALLL The sum of loans and leases which are on non accrual restructured but 30 89 days past due restructured but over 90 days past due restructured and in compliance with modified terms and non investment other real estate owned divided by the sum of total equity capital plus the allowance for possible loan and lease losses Growth Rates Growth rates on UBPR page 01 are calculated for a 12 month period The percentage is determined by subtract ing the account balance as of the cor responding reporting period in the previous year from the current period account balance and dividing the result by the previous year balance The following growth rates are displayed Assets Tier One Capital Net Loans amp Leases Short Term Investments See UBPR page 10 for definition Short Term Non Core Funding See U
212. s classified as held to maturity as a percent of total securities Total Available For Sale Sum of all securities classified as available for sale as a percent of total securities Other Securities Ratios App Dep Hi Risk amp Struc TICap Fair value of high risk mortgage securities plus structured notes less amortized cost divided by tier one capital App Dep in HTM sec to HTM Sec Prior to March 31 1994 the total mar ket value of all investment securities less the total book value of all invest ment securities divided by the total book value of all investment securities From March 31 1994 and subsequent calculated for held to maturity securities App Dep in HTM Sec to Eqy Cap Prior to March 31 1994 the total mar ket value of all investment securities less the total book value of all invest ment securities divided by total equity capital From March 31 and subsequent cal culated for just held to maturity securities Pledged Securities to Total Securities The book value of all securities as defined above that are pledged to secure deposits repurchase transac tions or other borrowing regardless of the balance of the deposits or other liabilities against which the securi ties are pledged as performance bonds under futures or forward con tracts or for any other purpose divided by total securities 47 CERT CHARTER COUNTY END OF PERIOD CAPITAL 000 PERPETUAL PREFERRED
213. s loss recoveries exceed gross losses NA is shown at this caption 31 Loan and Lease Allowance to Nonaccrual Loan amp Lease X The ending balance of the allowance for loan and lease losses divided by the aggregate amount of nonaccrual loans and leases Earnings Coverage of Net Losses X Net operating income before taxes securities gains or losses and extraor dinary items plus the provision for possible loan and lease losses divided by net loan and lease losses If gross recoveries exceed gross losses NA is shown at this caption Net Losses by Type of Loan and Lease Each of these ratios consists of the year to date net loss change offs less recoveries from Schedule RI B for that type of loan divided by the year to date average for that type of loan Charge off rates are annualized Nega tive values for these ratios indicate net recoveries The loan definitions follow those used for RI B As a conse quence averages used will come from 4 period average of schedule RC K when available or 5 period average from schedule RC C Ratio definitions give source of average loans by cat egory of loans Real Estate Loans Average real estate loans from RC K used Loans to Finance Commercial Real Estate Average loans to finance commercial real estate from RC C UBPR User s Guide March 2004 Construction and Land Dev Construction and land development loans from schedule RC C Secured by Farmland
214. schedule RC S items RCFDC394 plus RCDDC401 Credit Card Receivables From March 31 2001 through December 31 2002 includes All Other Credit Enhancements on Credit Card Receivables reported on RC S item RCFDB721 From March 31 2003 forward includes Subordinated Securities Stand By Letters of Credit and All Other Credit Enhancements from call schedule RC S items RCFDC395 plus RCFDC402 Auto Loans From March 31 2001 through December 31 2002 includes All Other Credit Enhancements on Auto Loans reported on RC S items RCFDB722 From March 31 2003 forward includes Subordinated Securities 61 Stand By Letters of Credit and All Other Credit Enhancements from call schedule RC S items RCFDC396 plus RCFDC403 Commercial and Industrial Loans From March 31 2001 through December 31 2002 includes All Other Credit Enhancements on Commerial and Industrial Loans reported on RC S item RCFDB724 From March 31 2003 forward includes Subordi nated Securities Stand By Letters of Credit and All Other Credit Enhance ments from call schedule RC S items RCFDC398 plus RCFDC405 All Other Loans and Leases From March 31 2001 through December 31 2002 includes All Other Credit Enhancements on Other Con sumer Loans plus All Other Loans reported on RC S item RCFDB723 plus RCFDB725 From March 31 2003 forward includes Subordinated Securities Stand by Letters of Credit and All Other Credit Enhancements
215. sed capital ratio is displayed For prior quarters it is calculated by dividing total risk based capital by risk weighted assets Tier One Leverage Capital From March 31 2001 forward if the bank reports financial subsidiaries then the tier 1 leverage ratio adjusted for financial subsidiaries is displayed from RC R Otherwise the unadjusted tier leverage ratio is displayed from RC R For prior quarters tier one capital is divided by adjusted average assets Average assets from schedule RC K is adjusted for ineligible intangible assets and deferred tax assets as used in tier one capital Other Capital Ratio Deferred Tax Asset to Tier One Capital Deferred tax assets from RC F divided by tier one capital 55 CERT PAGE 12 CHARTER COUNTY ONE QUARTER ANNUALIZED INCOME ANALYSIS 12 31 2003 6 30 2003 12 31 2002 EARNINGS AND PROFITABILITY PERCENT OF AVERAGE ASSETS BANK PCT BANK PEERI PCT BANK PEERI INTEREST INCOME TE 2 68 4 38 9 2 89 446 9 3 12 4 85 INTEREST EXPENSE 1 18 1 19 57 1 35 127 58 1 60 1 52 NET INTEREST INCOME 1 50 3 20 8 1 54 3 15 8 1 52 3 30 NONINTEREST INCOME 2 08 2 04 64 2 49 2 00 73 1 62 2 08 NON INTEREST EXPENSE 2 54 3 04 30 2 75 3 03 36 327 3 12 PROVISION LOAN amp LEASE LOSSES 0 15 0 31 4 0 14 0 33 23 0 36 0 39 PRETAX OPERATING INCOME TE 1 19 1 94 20 1 14 1 82 19 0 49 1 91 REALIZED GAINS LOSSES SECS 0 02 0 02 67 0 48 0 11 91 0 50 0 07 PRETAX NET OPERATING INC TE 121 1 96 20 1
216. sets ROA for peer group 3 was 1 26 The 180 banks in peer 3 have an ROA that ranges from 1 60 to 6 35 After sorting the banks from highest to lowest ROA eighteen banks were identified as being in the top and bottom 5 and excluded from the group of banks to be averaged When an item is reported by only a small group of banks within a peer group an insufficient number of valid observations can distort peer group data To minimize this prob lem a floor has been set for the mini mum number of ratio values that may be used to calculate the peer group average If fewer than five ratio val ues are available to compute the peer group figure a double number sign is displayed rather than the value Percentile Rankings Percentile rankings PCT are pre sented to the right of most of the individual and peer group ratios The percentile ranking is the position or ranking of one bank relative to all others within the peer group for a given ratio Thus if a bank is at the 80th percentile for the tier one lever age ratio it may be said that 20 of the banks in the peer group have a leverage ratio that is higher and 80 have a lower ratio A high or low percentile ranking is a simple state ment of statistical fact it does not imply a good bad satisfactory or unsatisfactory condition However when analyzed within the context of other related data an opinion can be formed about the potential relevance of a high o
217. sits open accounts are included All Other Time Deposits Interest on all domestic time depos its of less than 100 000 and open account time deposits of 100 000 or more divided by the average of such deposits From March 31 1997 for ward time deposit open accounts not included Foreign Office Deposits Interest on deposits in foreign offices Edge and Agreement subsidiaries and IBF s divided by the average for such deposits Available for banks filing call form 031 Federal Funds Purchased amp Repos The expense of federal funds pur chased and securities sold under agreements to repurchase divided by the average of federal funds pur chased and securities sold under agreements to repurchase Other Borrowed Money Interest on demand notes note bal ances issued to the U S Treasury and on other borrowed money divided by the average of interest bearing demand notes note balances issued to the U S Treasury and other liabili ties for borrowed money Subordinated Notes amp Debentures Interest on notes and debentures sub ordinated to deposits divided by the average of notes and debentures sub ordinated to deposits All Interest Bearing Funds Interest on all interest bearing depos its in domestic offices interest bearing foreign office deposits demand notes note balances issued to the U S Treasury other borrowed money subordinated notes and debentures and expense on federal funds purchas
218. t Card Receivables Annualized net chargeoffs on securitized credit card receivables as reported in RC S column c item 5a less 5b plus net chargeoffs on credit cards as reported in RI B item 5 a column a less column b as a percent age of securitized credit card receiv ables reported on RC S item 1 col umn c plus loans to individuals on cards on RC C item 6 a Denomina tor is averaged for 5 quarters Commercial and Industrial Annualized net chargeoffs on securitized commercial and indus trial loans as reported in RC S col umn f item 5a less 5b plus net chargeoffs on commercial and indus trial loans as reported in RI B item 4 column a less column b as a percent 11 71 age of securitized commercial and industrial loans reported on RC S item 1 column f plus commercial and industrial loans from RC item 4 Denominator is averaged for 5 quarters All Other Loans and Leases Annualized net chargeoffs on securitized all other loans and leases 90 plus days past due as reported in RC S columns e and g item 5a less 5b plus net chargeoffs on other loans and leases as reported in RI B col umn less column in the following categories construction and land development item 1 plus secured by farm land item 1 b plus secured UBPR User s Guide March 2004 by multifamily properties item 1 d plus secured by non farm nonresi dential properties item 1 e plus loans to depository institutions item 2 plus loans
219. t their respective federal bank supervisor for access to confidential information Please note that special trust peer groups are used for purposes of the analysis on trust page 2 These peer groups and the associated averages are only used on the fiduciary activi ties page 2 Please see section II of the UBPR Users Guide for specifics For dollar items on trust page 1 an annual growth rate or percentage change is calculated Total Fiduciary and Related Assets The dollar balance of managed and non managed fiduciary account is displayed by type Also the percent age of trust assets by caption is dis played Additionally the proportion of managed assets to total assets within each category is shown Finally the percentage change or growth rate is displayed Personal Trust and Agency Dollar balance of managed and non UBPR User s Guide March 2004 managed personal trust and agency accounts as reported on schedule RC T item 4 columns a and b is dis played The dollar balance is also dis played as a percentage of total trust assets as reported on RC T item col umns a and b Finally managed assets as reported on RC T item 4 column a is displayed as a per centage of RC T item 4 columns a and b Employee Benefit Defined Contribution Dollar balance of retirement related employee benefit defined contribu tion accounts as reported on sched ule RC T item 5 a columns a and b is displayed The dollar balanc
220. tal of all derivative contracts or the sum of RC L items 15 and 16 a and 16 b columns A through D All inter est rate foreign exchange equity com modity and other contracts are com bined Interest Rate Contracts For quarters from March 31 2001 for ward the sum of RC L items 14 a through e column A For quarters prior to March 31 2001 total interest rate contracts or the sum of RC L items 14 a through e column A Foreign Exchange Contracts For quarters from March 31 2001 for ward total foreign exchange contracts or the sum of RC L items 11 a through e column B For prior quarters total foreign exchange contracts or the sum of RC L items 14 a through e column B Equity Commodity amp Other Contracts For quarters from March 31 2001 for ward total equity commodity and other UBPR User s Guide March 2004 contracts or the sum of RC L items 11 a through e columns C and D For prior quarter s total equity commod ity and other contracts or the sum of RC L items 14 a through e columns C and D Derivatives Position Futures and Forwards For quarters from March 31 2001 for ward total futures and forward con tracts or the sum of RC L items 11a and 11b columns A through D For prior quarters total futures and for ward contracts or the sum of RC L items 14 a and 14 b columns A through D Written Options For quarters from March 31 2001 for ward total written options both
221. though it is not technically a growth rate Total Equity Capital Equity Growth Less Asset Growth The difference between equity capi tal and asset growth rates Intangibles Assets Total Equity Individual categories of intangible assets are shown as a percent of total equity Mortgage Servicing Rights Goodwill Purchased Credit Card Relation Other Intangibles Total Intangibles 50 CERT CHARTER COUNTY RISK BASED CAPITAL 000 TIER ONE CAPITAL TOTAL EQUITY CAPITAL ADJUSTED INELIGIBLE DEF TAX ASSETS INELIGIBLE INTANGIBLES NET TIER ONE TIER TWO CAPITAL QUALIF DEBT AND REDEEM PFD CUMULATIVE PREFERRED STOCK ALLOWABLE LN amp LS LOSS ALLOW UNRL GAIN MKTBL SEC 45 OTHER TIER 2 CAPITAL COMP NET ELIGIBLE TIER TWO TOTAL RBC BEFORE DEDUCTIONS TIER ONE amp TIER TWO TIER THREE amp FIN SUB ADJ RECRIPROCAL CAPITAL HOLDINGS DEDUCTIONS FOR TOTAL RBC TOTAL RISK BASED CAPITAL RISK WEIGHTED ASSETS ON BALANCE SHEET CATEGORY TWO 20 CATEGORY THREE 50 CATEGORY FOUR 100 TOTAL ON BALANCE SHEET MEMO CATEGORY ONE 0 OFF BALANCE SHEET CATEGORY TWO 20 CATEGORY THREE 50 CATEGORY FOUR 100 TOTAL OFF BALANCE SHEET MEMO CATEGORY ONE 0 ADJUSTMENTS TO RISK WGT ASSETS RISK WIEGHTED ASSET BEFORE DED INELIGIBLE DEF TAX ASSETS INELIGIBLE INTANGIBLES RECIPROCAL CAPITAL HOLDINGS EXCESS ALLOWABLE LN amp LS LOSS AL ALLOCATED TRANSFER RISK RESERV RISK
222. ties item 1 e plus loans to depository institutions item 2 plus loans to finance agricultural produc tion item 3 plus loans to foreign gov ernments item 6 plus all other loans item 7 plus lease financing receiv ables item 8 as a percentage of securitized other consumer loans plus all other loans reported on call sched ule RC S item 1 columns e and g plus total loans and leases RC C item 12 less revolving lines secured by 1 4 family properties1 c 1 less closed end loans secured by 1 4 family prop erties item1 c 2 less loans to individu als on credit cards item 6 a less other consumer loans item RC C 6 c less commercial and industrial loans from RC C item 4 Total 30 89 Day Past Due Managed Assets Dollar amount of all securitized loans and leases 30 to 89 days past due as reported in 5 item 4 columns a g plus loans and leases 30 to 89 days past due as reported in RC N items 1 8 as a percentage of all securitized assets as reported on RC S item 1 columns a g plus total loans and leases as reported on schedule RC C item 12 90 Plus Day Past Due Managed Assets Delinquencies are combined for on balance sheet and securitized assets 70 1 4 Familly Residential Loans Dollar amount of securitized 1 4 fam ily residential loans 90 plus days past due as reported in RC S item 4 B col umn a plus 1 4 family residential loans 90 days past due as reported on RC N item 1 c 2 column b as a percent
223. timated tax is substi tuted for any reported taxes then deducted from income After tax earnings is adjusted as follows Estimated income taxes Federal income tax rates are applied to net income before extraordinary items and taxes plus non deductible interest expense to carry tax exempt securities less tax exempt income from securities issued by states and political subdivisions less tax exempt income from leases less tax exempt income from other obligations of states and political sub divisions See appendix A 3 for tax table Net Income adjusted for Subchapter S Net Income plus applicable income taxes less estimated income taxes Tax Equivalency Virtually all banks have some income that is exempt from federal or state taxes The tax benefit derived from this tax exempt income is a signifi cant element in determining the true return on investment Banks may dif fer both in the amount of tax exempt assets held and in their ability to use tax exempt income In order to reduce distortions and allow mean ingful comparisons of different banks income and of a single bank s income at different times the tax 4 benefit is added to book operating income so that pretax income figures for all banks are presented on a tax equivalent basis The tax benefits from municipal loans leases and municipal securities are used in the UBPR to compute the tax equivalent income Because interest income from these obl
224. time depos its less than 100 000 and time deposits of 100 000 or greater divided by assets Net Over 1 Year Position Loans Securities over 1 year less liabilities over 1 year divided by assets Non Maturity Deposits Demand deposits NOW and ATS accounts money market accounts and all other savings divided by assets 42 Non Maturity Deposits by Long Assets Non maturity deposits divided by repricings over 3 years for loans and securities Net Over 3 Year Position Repricings over 3 years for loans and securities less non maturity deposits divided by assets As Tier 1 Capital Structured Notes Structured notes included in held to maturity and available for sale accounts divided by tier one capital UBPR User s Guide March 2004 Mortgage Servicing Fair value of mortgage servicing assets divided by tier one capital Total Sum of structured notes high risk securities OBS exposed to rising rates and mortgage servicing divided by tier one capital 43 CERT PAGE 10 CHARTER COUNTY LIQUIDITY AND INVESTMENT PORTFOLIO 12 31 2003 12 31 2001 12 31 1999 SHORT TERM INVESTMENTS 119 488 000 93 342 000 68 512 000 SHORT TERM ASSETS 165 654 000 204 117 000 135 512 000 SHORT TERM NON CORE FUNDING 164 966 000 177 655 000 128 474 000 NON CORE LIABLILITIES 276 862 000 253 337 000 184 918 000 FED HOME LOAN BOR MAT lt 1 YR 0 0 0 FED HOME LOAN BOR MAT gt 1 YR 0 0 0 OTH BORROWING MAT lt 1 YR 13
225. ting income plus secu rities gains or losses divided by average assets Net Operating Income After tax net operating income including securities gains or losses which does not include extraordi nary gains or losses divided by average assets Adjusted Net Oper Income Net operating income after taxes and securities gains or losses plus the pro vision for possible loan and lease losses less net loan and lease losses divided by average assets Net Income Adjusted Sub S Net income after securities gains or losses extraordinary gains or losses and applicable taxes divided by average assets adjusted for sub chap ter S status Estimated income taxes are substituted for any reported applicable income taxes for banks that indicate sub chapter S status Esti mated income taxes Federal income tax rates are applied to net income before extraordinary items and taxes plus non deductible interest expense to carry tax exempt securities less tax exempt income from securities issued by states and political subdivisions less tax exempt income from leases less tax exempt income from other obligations of states and political sub divisions See appendix A 3 for tax table 57 Please note that this ratio will be dis played only for banks that elect sub chapter S status Net Income Net income after securities gains or losses extraordinary gains or losses and applicable taxes divided by av erage assets
226. ve 5 If total pretax income preliminary calculation iii is less than or equal to zero 0 and total applicable income taxes preliminary calculation iv are greater than or equal to zero 0 then the bank receives no calculated tax benefit Enter a zero 0 in Final Part I Calculation line a Final Part I Calculation a Amount calculated using one of the six above alternatives b Amount of tax exempt income preliminary calculation I Write the lesser of a or b here Subtract the amount of nondeductible interest expense preliminary calculation vi If the result is zero 0 or less there is no tax exempt income available for tax benefit If the result is greater than zero 0 proceed with Part II using that amount PART II Estimate the Tax Benefit for Available Tax Exempt Income from Part I The tax benefit for the amount of tax exempt income available for such benefit is estimated by Calculating the annualized amount of net taxable income plus available tax exempt income determining the marginal income tax rate for this adjusted income figure calculating the tax benefit based on the marginal tax rate A Calculating Annualized Taxable Income Plus Available Tax Exempt Income In order to estimate the tax benefit of tax exempt income it is first necessary to calculate what the annalized taxable income would be if available tax exempt income were included Up to this point all figures have been on a year to date basis Per
227. verage Earning Assets Average Assets Year to date average of average total loans net of unearned income in domestic and foreign offices lease financing receivables U S Treasury Agency and Corporation obligations mortgage backed securities other securities assets held in trading accounts interest bearing balances due from depository institutions and federal funds sold and securities pur chased under agreements to resell plus a five period average of Interest Only Strips Mortgage loans and Other and Equity Securities divided by average assets 4 Average Interest Bearing Funds Average Assets Average interest bearing domestic and foreign office deposits federal funds purchased and securities sold under agreements to repurchase other bor rowed money and notes and deben tures subordinated to deposits divided by average assets Interest Income TE Average Assets Total interest income on a tax equivalent basis divided by the aver age of the respective asset accounts involved in generating that income Interest Expense Average Assets Total interest expense divided by the average of the respective asset accounts involved in generating interest income Net Interest Income TE Percent of Avg Earning Assets Total interest income on a tax equiva lent basis less total interest expense divided by the average of the respec tive asset accounts involved in gener ating interest income Loan

A User's Guide for the Uniform Bank Performance Report

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