Balance Sheet

FIRST MANITOWOC BANCORP, INC. (OTCQB - BFNC)

	2009 Y	2010 Y	2011 Y	2012 Y
Period Ended	12/31/2009	12/31/2010	12/31/2011	12/31/2012
Assets ($000)
Cash and Due from Banks	18,623	15,514	35,776	38,599
Fed Funds Sold	21,800	13,808	910	454
Deposits at Financial Institutions	2,540	3,067	4,253	72,562
Securities Purchased, to Resell	0	0	0	0
Other Cash & Cash Equivalents	0	0	0	0
Cash and Cash Equivalents	42,963	32,389	40,939	111,615
Trading Account Securities	0	0	0	0
Available for Sale Securities	189,499	138,141	131,449	117,955
Held to Maturity Securities	0	0	0	0
Other Securities	20,724	20,663	18,363	17,129
Total Cash & Securities	253,186	191,193	190,751	246,699

Liabilities ($000)
Total Deposits	641,122	655,207	752,486	869,163
FHLB Borrowings	20,755	0	0	0
Senior Debt	105,272	83,507	55,633	45,919
Trust Preferred (FAS 150)	0	0	0	0
Total Subordinated Debt	0	0	0	0
Redeemable Financial Instruments (FAS 150)	0	0	0	0
Total Debt	105,272	83,507	55,633	45,919
Memo: Consolidated VIE Liabilities	NA	NA	0	0
Total Other Liabilities	11,067	7,856	9,088	9,251
Total Liabilities	757,461	746,570	817,207	924,332

Mezzanine ($000)
Redeemable Preferred	0	0	0	0
Trust Preferred Securities	0	0	0	0
Total Minority Interest	0	0	0	0
Other Mezzanine Items	0	0	0	0
Total Mezzanine Level Items	0	0	0	0

Equity ($000)
TARP Preferred Equity	0	0	0	0
Other Preferred Equity	0	0	0	0
Total Preferred Equity	0	0	0	0
Common Equity	81,293	85,011	92,821	96,093
Equity Attributable to Parent Company	81,293	85,011	92,821	96,093
Noncontrolling Interests	0	0	0	0
Total Equity	81,293	85,011	92,821	96,093
Net Unrealized Gain	2,045	1,197	3,214	3,058

Balance Sheet Analysis (%)
Gross Loans HFI / Total Assets	65.06	71.45	74.34	71.63
Loans / Deposits	85.12	90.68	89.90	84.09
Loan Loss Reserves / Gross Loans	1.03	1.06	1.10	1.09
Reserves / Loans Held For Investment	1.04	1.07	1.11	1.09
One Year Gap / Assets	NA	NA	NA	0
1-4 Loans Serviced for Others ($000)	228,298	245,283	249,305	273,158
Level 1 Assets ($000)	0	0	0	0
Level 2 Assets ($000)	176,354	146,840	138,783	118,956
Level 3 Assets ($000)	18,924	1,010	7,650	8,412
Level 1 Liabilities ($000)	NA	0	0	0
Level 2 Liabilities ($000)	NA	0	1,004	977
Level 3 Liabilities ($000)	NA	0	0	0
FTE Employees (actual)	173	171	166	166

Annualized Growth Rates (%)
Asset Growth	5.62	(0.86)	9.43	12.13
Gross Loans HFI Growth	7.16	8.88	13.86	8.04
Deposit Growth	8.49	2.20	14.85	15.51

Average Balances ($000)
Avg Gross Loans HFI	526,715	568,401	631,676	709,488
Avg Loans HFS	4,684	3,634	721	1,394
Average Loans, Gross of Reserves	531,399	572,035	631,759	712,669
Avg Securities	176,141	171,086	NA	129,129
Avg Other Int Earn Assets	7,689	16,941	NA	20,355
Avg Secs & Other Int Earn Assets	183,830	188,027	130,942	149,484
Avg Interest Earning Assets	715,230	760,064	762,701	862,153
Avg Assets	781,221	826,561	853,738	940,144


Copyright 2013, © SNL Financial LC Terms of Use