BUS307 COMMERCIAL BANKING

CASE STUDY: YOUNGSTOWN BANK EXHIBITS

The Numbers Exhibit A YOUNGSTOWN BANK, INC.

Market-to-Book Ratio Comparison to Industry Year Youngstown BancFirst Industry 1991 0.51 1.21 1.18 1992 1.00 1.11 1.08 1993 1.43 1.23 1.13 1994 1.47 1.32 1.21 1995 1.60 1.43 1.31 1996 2.13 1.87 1.53 1997 1.35 1.41 1.41 1998 1.18 1.11 1.20 1999 1.35 1.32 1.27 2000 1.41 1.31 1.34 2001 1.21 1.40 1.47 2002 0.95 1.65 1.53 2003 0.81 1.89 1.66 2004 0.78 1.86 1.63

CASE STUDY: YOUNGSTOWN BANK EXHIBITS

Exhibit C YOUNGSTOWN BANK, INC.

Comparison of Performance for 2000 and 2005 2000 2005 Net Income (in thousands of dollars) 8,607 16,820 Return on Assets (in percentage) 0.73 0.80 Total Liabilities to Total Assets 0.94 0.97 0.94 Total Liabilities to Common Equity 27.71 14.56

Exhibit D Various Industry Ratios for 2005 (Averages for Similarly Sized Banks)

Youngstown Average Return on Assets 0.8 0.6 Total Liabilities to Total Assets 0.94 0.97 Total Liabilities to Common Equity 14.56 21.3

Exhibit B YOUNGSTOWN BANK, INC. Year-End Balance Sheets (in Thousands of Dollars)

2000 2005 Assets Cash & Due 125,000 129,000 Marketable Securities 200,000 400,000 Loans:

Real Estate 190,000 385,000 Commercial and Industrial 315,500 744,000 Consumer 140,500 153,742 All Other 131,400 142,300

Less Unearned Income: Allowances for Possible Loan Losses 1,316 1,500

Total Loans 776,084 1,423,542 Other Assets 78,000 150,000 Total Assets 1,179,084 2,102,542 Liabilities and Equity Liabilities:

Deposits 1,000,020 1,775,420 Federal Funds Purchased 75,000 102,000 Other Liabilities 63,000 90,000 Total Liabilities 1,138,020 1,967,420

Equity Capital: Preferred and Common Stock 11,000 35,122 Surplus 14,064 42,000 Undivided Profits and Reserves 16,000 58,000 Total Equity Capital 41,064 135,122

Total Liabilities and Equity 1,179,084 2,102,542 Note: Volume of outstanding loan commitments in 2000 was $1,000,500 and 2005 was $4,320,000.

CASE STUDY: YOUNGSTOWN BANK EXHIBITS

Exhibit E Interest Rate History (Annualized Interest Rates in Percentage)

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 1991 7.95 8.00 8.00 8.00 8.27 8.63 9.00 9.01 9.41 9.94 10.94 11.55 1992 11.75 11.75 11.75 11.75 11.65 11.65 11.54 11.91 12.90 14.39 14.55 15.30 1993 15.25 15.63 18.31 17.77 15.57 12.63 11.48 11.69 12.23 14.79 16.06 17.10 1994 20.16 19.43 18.05 17.15 19.61 20.03 20.39 20.50 20.06 18.45 16.84 16.75 1995 15.75 16.56 16.50 16.50 15.50 15.50 14.26 14.39 13.50 12.52 11.85 11.50 1996 11.16 10.98 10.50 10.50 10.50 10.50 10.50 10.89 11.00 11.00 11.00 11.00 1997 11.00 11.00 11.21 11.93 12.39 12.60 13.00 13.00 12.97 12.58 11.77 11.06 1998 10.61 10.50 10.50 10.50 10.31 9.78 9.50 9.50 9.50 9.50 9.50 9.50 1999 9.50 9.50 9.10 8.83 8.50 8.50 8.16 7.90 7.50 7.50 7.50 7.50 2000 7.50 7.50 7.50 7.75 8.14 8.25 8.25 8.25 8.70 9.07 8.78 8.75 2001 8.75 8.51 8.50 8.50 8.84 9.00 9.29 9.84 10.00 10.00 10.05 10.50 2002 9.80 9.10 8.20 7.80 7.20 6.30 5.32 5.01 7.73 5.21 5.09 8.30 2003 9.20 8.30 7.40 7.10 6.20 5.50 5.10 4.80 4.50 6.20 9.10 8.10 2004 6.10 3.00 3.00 3.00 4.00 6.83 9.23 9.30 10.20 8.50 7.43 8.91

Exhibit F Loan Commitment Prices (Average in Basis Points)

Commitment Fee Annual Servicing Fee Usage Fee 1994 12.5 12.5 25.0 1995 12.0 12.0 25.0 1996 12.0 12.0 25.0 1997 12.5 12.0 22.5 1998 12.5 12.5 22.5 1999 12.5 12.5 21.5 2000 12.5 12.5 22.5 2001 12.5 12.5 25.0 2002 12.0 12.5 25.0 2003 12.5 12.5 25.0 2004 14.0 12.5 27.5