First Integrity Bank, National Association
111 N.E. Fourth Street
Staples, MN 56479
FDIC Certificate #: 12736   Bank Charter Class: N
Definition 	  	
First Integrity Bank, National Association
Staples, MN
March 31, 2008
	
First Integrity Bank, National Association
Staples, MN
March 31, 2007
     Performance and Condition Ratios		
1	% of unprofitable institutions 	N/A	N/A
2	% of institutions with earnings gains 	N/A	N/A
                 Performance Ratios (%, annualized)	(Year-to-date)	(Year-to-date)
3	Yield on earning assets 	5.88%	8.43%
4	Cost of funding earning assets 	3.31%	2.44%
5	Net interest margin 	2.56%	5.99%
6	Noninterest income to earning assets 	1.31%	0.64%
7	Noninterest expense to earning assets 	14.27%	8.50%
8	Net operating income to assets 	-18.96%	-0.94%
9	Return on assets (ROA) 	-18.96%	-0.94%
10	Pretax return on assets 	-18.96%	-1.56%
11	Return on equity (ROE) 	-638.90%	-7.47%
12	Retained earnings to average equity (YTD only) 	-638.90%	-7.47%
13	Net charge-offs to loans 	12.96%	3.06%
14	Credit loss provision to net charge-offs 	112.58%	0
15	Earnings coverage of net loan charge-offs (x) 	-0.98	-0.73
16	Efficiency ratio 	368.40%	128.31%
17	Assets per employee ($ millions) 	1.65	1.23
18	Cash dividends to net income (YTD only) 	0	0
	Condition Ratios (%)
19	Loss allowance to loans 	4.33%	1.62%
20	Loss allowance to noncurrent loans 	31.09%	24.64%
21	Noncurrent assets plus other real estate owned to assets 	11.85%	5.98%
22	Noncurrent loans to loans 	13.94%	6.56%
23	Net loans and leases to deposits 	67.57%	80.15%
24	Net loans and leases to core deposits 	72.99%	87.14%
25	Equity capital to assets 	0.63%	12.37%
26	Core capital (leverage) ratio 	-0.29%	12.58%
27	Tier 1 risk-based capital ratio 	-0.38%	15.92%
28	Total risk-based capital ratio 	-0.38%	17.14%
	Memoranda:
29	Average assets 	53,955	50,948
30	Average earning assets 	45,748	42,432
31	Average equity 	1,602	6,430
32	Average loans 	37,519	35,593
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