(1) The Bank adopted SFAS No. 109 "Accounting for Income Taxes," effective January 1, 1993. The cumulative effect of adopting SFAS No. 109 on the Bank's financial statements was to increase net income by $373,000 ($.05 per share) for the year ended December 31, 1993.

(2) All share and per share data is restated for the 5 for 2 stock split in May 1997, and the 2 for 1 stock split in December 1997.

(3) Non-performing loans represent nonaccrual loans, restructured loans, and loans past due 90 days or more and still accruing interest.

(4) Average balance sheet data has been derived from average daily balances.

(5) Not derived from the Bank's audited financial statements.

(6) Net interest income divided by average interest-earning assets.

(7) Efficiency ratio is defined as the ratio of noninterest expenses, less costs related to other real estate owned, to the sum of net interest income and noninterest income.

(8 ) Leverage Ratio is defined as Tier 1 regulatory capital to average regulatory assets.

(9) Risk based Capital ratio is defined as total qualifying regulatory capital to regulatory risk-weighted assets.