INTEREST RATE SENSITIVITY ANALYSIS AS OF MARCH 31, 1995 (UNAUDITED) AMOUNTS IN THOUSANDS The following table sets forth the amounts of interest-earning assets and interest-bearing outstanding at March 31, 1995 which are anticipated by the Bank, based upon certain assumptions, to price or mature in each of the future time periods shown. ONE TO GREATER DAILY TOTAL TO TOTAL TO FIVE THAN FIVE FLOATING 90 DAYS ONE YEAR YEARS YEARS TOTAL LOANS - FIXED RATE 3,298 $9,207 $21,722 $16,531 $47,460 - VARIABLE RAT 65,899 125,863 7,975 0 133,838 INVESTMENTS 2,600 12,212 32,981 42,614 19,500 95,095 FEDERAL FUNDS SOLD 0 0 0 0 INTEREST RATE SWAP 0 0 10,000 10,000 TOTAL EARNING ASSETS 2,600 81,409 168,051 82,311 36,031 286,393 DEPOSITS 72,540 104,917 26,214 91,313 222,444 REPURCHASE AGREEMENTS 25,044 25,044 25,044 BORROWINGS 18,000 22,000 22,000 INTEREST RATE SWAP 10,000 10,000 10,000 TOTAL SOURCES 0 125,584 161,961 26,214 91,313 279,488 NET GAP POSITION 2,600 (44,175) 6,090 56,097 (55,282) 6,905 CUMULATIVE GAP $2,600 ($44,175) $6,090 $62,187 $6,905 $6,905 RATE SENSITIVE ASSETS / RATE SENSITIVE LIABILITIES 0.00% 64.82% 103.76% 314.00% 39.46% 102.47%