FCNB Corp.FCNB, the parent of the Frederick County...

BY THE NUMBERS

October 14, 1992

FCNB Corp.

FCNB, the parent of the Frederick County National Bank, nearly doubled most of its profitability measures in the third quarter compared with a year ago. Most of that came as the drop in interest rates boosted the company's net interest margin by more than a half-percentage point.

FCNB, with $358 million in as sets, also saw an improvement in as set quality, and set aside just over one-third of the amount to cover problem loans in the third quarter than it did a year ago, even though non-performing assets grew slightly as a percentage of total assets. Those reserves are subtracted from earnings.

0 Three months ended 9/30/92

. . ..................Income... . ................. Share

92. . ........ . ..940,000.................... .0.44

91. . ..... . ... .463,000......................0.22

% change....... .......+103.0.....................+100.0

. . ............Annualized return on assets 92. .. .......... .1.05%

91......... .......O.57%

.. ............ .Addition to allowance.............. Net

.................for loan losses............. charge-offs

92. ...........120,000........................23,000

91.............424,000........................87,000 % change. ..........-71.7..........................-73.6

Nine months ended 9/30/92

..................Income. . ........................ Share

92. ..........2,805,000..........................1.31

91. .... ......2,202,000..........................1.02

% change. .. ........+27.4......................... +28.4

Balances as of /30/92

. ...................Assets...................... Deposits

92...............358,074,000. ............291,067,000

91...............325,986,000..............274,736,000 % change...................+9.8.................... .+5.9

......................Loans. ................... Allowance

.................outstanding. ............ for loan losses

92.............190,727,000...................2,708,000 91. ...........199,688,000...................2,955,000

% change............ ...-4.5................. .......-8.4

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