**Glossary**

**Financial information appearing in this report was acquired from SNL Securities, Inc., Charlottesville, Virginia.** The following
definitions are listed in the order in which they appear in this report.

*Nonperforming assets*

The sum of nonaccrual, renegotiated and loans and leases acquired through foreclosure. (Delinquent loans and leases still accruing are excluded.)

*Net charge-offs*

Total loans and leases removed from the balance sheet due to their uncollectability minus amounts recovered on loans and leases previously charged-off.

*Return on assets*

Annualized net income (including gains or losses on securities and extraordinary items) expressed as a percentage of average total assets.

*Core ROA*

Annualized income before income taxes and extraordinary items minus the after-tax portion (the assumed tax rate is 35 percent) of gains on sale of investment securities and nonrecurring income items as a percentage of average total assets.

*Return on equity*

Annualized net income (including gains or losses on securities and extraordinary items) as a percentage of average total equity capital.

*Net interest margin*

The annualized difference between interest and dividends earned on interest-bearing assets and interest paid to depositors and other creditors, expressed as a percentage of average interest-bearing assets.

*Efficiency ratio*

Noninterest expense minus foreclosed property expense minus amortization of intangibles, expressed as a percentage of the sum of net interest income plus noninterest income. This ratio measures the proportion of net operating revenues absorbed by overhead expenses -- the lower the ratio the greater the operating efficiency of the institution.

*Loan growth rate *

The annualized change in total loans and leases (net of unearned income and gross of reserves) from the previous quarter, expressed as a percentage of total loans and leases at the end of the previous quarter.

**
***NPAs / assets*

Nonperforming assets expressed as a percentage of total assets for the current quarter.

*NCOs / average loans*

Annualized net charge-offs expressed as a percentage of average total loans and leases.

*Tier 1 capital* *

Common equity capital, plus noncumulative perpetual preferred stock, plus minority interests in consolidated subsidiaries, minus goodwill and other ineligible intangible assets. (The amount of eligible intangible assets included in Tier 1 capital is limited in accordance with supervisory capital regulations.)

*Tier 1 leverage ratio*

Tier 1 capital expressed as a percentage of average tangible assets (total assets minus intangible assets).

*Risk-based assets**

This figure is derived from the amounts of both on-balance and off-balance assets that institutions report in the various risk-weight buckets (0%, 20%, 50%, 100% or 200%) of call report Schedule RC-R. The consolidated amount is the product of the sums in the various categories multiplied by their respective risk weights.

*Tier 1 RBC ratio*

Tier 1 capital expressed as a percentage of risk-based assets.

*Tier 2 capital* *

The sum of allowable subordinated debt and limited life instruments (discounted by their years to maturity), plus cumulative preferred stock, plus mandatory convertible debt, plus loan reserves (limited to 1.25% of gross risk-weighted assets). (Tier 2 capital cannot exceed Tier 1 capital.)

*Tier 3 capital* *

The amount of regulatory capital required to offset market risk of the company.

**
***Total RBC ratio*

The sum of Tier 1, Tier 2 and Tier 3 capital expressed as a percentage of risk-based assets.

*Market cap. ($ millions)*

The market value of the company’s stock, derived by multiplying the stock price by the number of shares outstanding at the end of the period.

*Denotes items which do not appear in the *25 Largest *but are parts of some of the report’s ratios.