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ASSET QUALITYMay 31, 2013
Loans Past DueMore Than 30 Days $ 0.00 Million
Nonaccrual Loans $ 0.00 MillionRepossessed Assets And Real Estate Owned From Loan Defaults 0.00 MillionReal Estate OwnedFrom Branch Restructuring 1.29 Million
Total Nonperforming Assets $ 1.29 Million
Total Nonperforming AssetsAs A Percentage Of Total Assets 0.40%
YEAR-OVER-YEAR NONINTEREST EXPENSE IMPROVEMENT
First Quarter 2012
First Quarter 2013
First Quarter 2013
Excluding $136,000 of
Branch Closing Expense
ComparingFirst Quarter
2012 toFirst Quarter 2013 Ex-Item
$2,081,000 $1,969,000 $1,833,000 $248,000 Decrease
FULL-TIME-EQUIVALENT EMPLOYEES (“FTEs”) AND ASSETS PER EMPLOYEE COMPARISONS
March 31, 2011FTEs
March 31, 2013FTEs Percentage Change
57 44 -22.8%
March 31, 2011Assets Per Employee
March 31, 2013Assets Per Employee Percentage Change
$4.77 Million $7.34 Million +53.9%
OPERATING COMPARISON OF MILITARY HIGHWAYAND LYNNHAVEN BRANCHES
February 2013
Military Highway Branch Lynnhaven BranchYear opened 1977 2007
Deposits at February 28, 2013 $12.2 Million $67.7 Million
Demand Deposits atFebruary 28, 2013 $ 3.0 Million $34.3 Million
Teller Transactions inFebruary 2013 2,085 1,504
