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  • 1. 4Q10
  • 2. DisclaimerAll financial information herein is presented on a consolidated basis, and includes the financialstatements of the Bank, its subsidiaries, JMalucelli Seguradora, JMalucelli Seguradora de Crédito,JMalucelli Re., JMalucelli Agenciamento, Jmalucelli Distribuidora de Títulos e Valores Mobiliáriosand Paraná Administradora de Consórcio. All information, except when otherwise indicated, isexpressed in Brazilian currency (Reais) and was prepared based on the accounting practicespursuant to Brazilian Corporate Law, associated with the regulations and instructions issued bythe National Monetary Council (CMN), the Brazilian Central Bank (BACEN), the BrazilianSecurities and Exchange Commission (CVM), the National Council of Private Insurance (CNSP), theBrazilian Private Insurance Authority (SUSEP) and the Accounting Standards Committee (CPC), asapplicable.The information contained in this material regarding future events is exposed to risks anduncertainties and subject to changes resulting from, but not limited to, market behavior,economic and political situation of Brazil and legislative and regulatory changes. Theinformation herein is entirely based on the Bank Administration’s performance expectations andis no guarantee of future results. 2
  • 3. Qualidade da Carteira de Crédito 4T09 x 4T09 xR$ 4T09 3T09 4T08 3T09 4T08 MainPDDCarteira (> 90 dias) HighlightsCarteira (> 180 dias)Carteira Total* (a)Índice de cobertura da carteira (PDD / > 90 dias)Índice de cobertura da carteira (PDD / > 180 dias) 4Q10 70.649 74.725 46.820 1.398.582 94,5% 150,9% 62.331 67.023 38.475 1.347.703 93,0% 162,0% 13,3% 11,5% 21,7% 3,8% 1,5 p.p. (11,1 p.p.) 51.469 56.151 30.420 1.330.658 91,7% 169,2% 37,3% 33,1% 53,9% 5,1% 2,9 p.p. (18,3 p.p.)PDD / Carteira Total 5,1% 4,6% 0,5 p.p. 3,9% 1,2 p.p. (b)Créditos Baixados a Prejuízo              8.754            13.250 (33,9%)              7.856 11,4% (b/a)Nível de perda 0,6% 1,0% (0,4 p.p.) 0,6% 0,0 p.p. * Inclui saldo da cessão com coobrigação. Inadimplência Paraná Banco Consignado (>90 dias) = 5,9% PME (>90 dias) = 0,8% Inadimplência SFN PF (>90 dias) = 7,8% PJ (>90 dias) = 3,8% 3
  • 4. Key Financial Numbers  (Consolidated) Net Income: Total Deposits: R$ 117.4 million in 2010 R$ 1,301.8 million 12.6% x 2009 30.6% x 4T09 R$ 33.7 million in 4T10 16.1% x 4T09 Total Assets: Profitability: R$ 3,074.0 million ROAE de 14.6% 17,5% x 4T09 ROAA de 4.0% NIM de 11.8% Loan portfolio: Portfolio from AA to C : R$ 1,551.9 million 95.8% of Parana Banco 19.7% x 4T09 consolidated portfolio 4
  • 5. 4Q10 Environment ‐ BACEN (Central Bank of Brazil) Date  Resolution  Provision  Impact on Paraná Banco 03/12/2010  3931  The limit for collection of time  Low ‐ Paraná Banco is not dependent  deposits with special guarantee  on this kind of fund raising – just 6.1%  provided by the Fundo Garantidor de  of the total deposit portfolio was issued  Créditos (FGC) shall be reduced from  in DPGE. 2012.03/12/2010  3515  Changes in standard risk weight on Low – With a 32.7% Basel Index in  loans for individuals, including payroll‐ December, 2010, Paraná Banco is able  deductible loan to leverage the Company in spite of this  change. 03/12/2010  3513  Mandatory Deposits requirement Inexistent – Paraná Banco is not subject  to reserve requirements14/01/2011  Circular letter  Forbids financial institutions to  Positive – This provision fosters market  3522  celebrate exclusive agreements with  development and  hinders a market  payroll registered covenants practice that had been damaging for  Paraná Banco operations.  5
  • 6. Financial Performance 13.5% 15.0% 11.7% 10.6%350,000  10.0% 400000 15.0% 5.0% 11.8%250,000  13.6% 300000 10.0% 0.0% 200000 420,490 150,000  343,655  5.0% ‐5.0% 100000 50,000  113,697  117,314  ‐10.0% 91,527  0.0% 0 (42,286) ‐15.0% (57,394) (52,340) (50,000) (151,730) ‐5.0% ‐100000 ‐20.0% (199,713) ‐25.0% ‐10.0%(150,000) ‐200000 2009 2010 ‐300000 ‐15.0% Financial Intermediation Income Net Interest Margin - NIM Financial Intermediation Expenses 4Q10 x 4Q10 x 2010 X R$ mil 4Q09 3Q10 4Q10 2009 2010 4Q09 3Q10 2009 Net Income from Financial Operations 49,241 56,303 64,974 32.0% 15.4% 191,925 220,777 15.0% 6
  • 7. Financial Performance Net income (R$ thousand) 12.6% 117,423 104,301 16.1% 14.5% 29,066 29,479 33,739 47.0% 43.0% 51.5% 51.5% 39.1% 4Q09 3Q10 4Q10 2009 2010 Participation of insurance sector Efficiency ROAA ROAE (0.2)p.p) (0,2 b.p 2.6 b.p 1.6 b.p 1,6 p.p 47.9% 4.2% 14.6%45.3% 4.0% 13.0%2009 2010 2009 2010 2009 2010 7
  • 8. Credit Portfolio Quality Evolution of the Loan Portfolio - Consolidated 1,800.0  (R$ million) 6.0% +17.1% +1.5% 1,600.0  5.1% 1,6 p.p 5.0% 1,400.0  4.3% 4.3% 4.0% 3.9% 1,200.0  4.0% 3.3% 3.3% 1,000.0  2.9% 2.7% 3.0% 800.0  2.4% 2.4% 1.9% 600.0  2.0% 400.0  1.0% 200.0  1,347.7 1,398.6 1,413.3 1,483.5 1,554.4 1,578.1 ‐ 0.0% 3Q09 4Q09 1Q10 2Q10 3Q10 4Q10 Change in FIDC I and II Effect required alloance Loan Operations Allowance for doubtful accounts (PDD)/Loan Portfolio LevelH/Loan Portfolio 8
  • 9. Credit Portfolio Quality 4T10 xR$ 4Q10 3Q10 3Q10 4Q09 4Q10 x 4Q09Allowance for Doubtful Accounts (PDD) 51,942 61,377 (15.4%) 70,649 (26.5%)Portfolio overdue (> 60 days) 64,410 68,743 (6.3%) 72,412 (11.1%)Portfolio overdue (> 90 days) 52,411 56,973 (8.0%) 58,868 (11.0%)Total Portfolio* (a) 1,578,121 1,554,435 1.5% 1,398,582 12.8%Portfolio Coverage Index (PDD / > 60 days) 80.6% 89.3% (8.6 p.p.) 97.6% (16.9 p.p.)Portfolio Coverage Index (PDD / > 90 days) 99.1% 107.7% (8.6 p.p.) 120.0% (20.9 p.p.)Allowance for Doubtful Accounts (PDD) / Total Portfolio 3.3% 3.9% (0.7 p.p.) 5.1% (1.8 p.p.) (b)Written-off credits            7,771             8,541 (9.0%)            8,078 (3.8%) (b/a)Loss rate 0.49% 0.55% (0.1 p.p.) 0.58% (0.1 p.p.)* Includes balance of assignment with co-obligation. Delinquency rate - Paraná Banco Payroll deductible (>90 days) = 3.1% Middle Market (>90 days) = 2.4%* Delinquency rate - Brazilian Financial System (“SFN”) Individuals (>90 days) = 5.7% Corporations (>90 days) = 3.6% 9
  • 10. Performance – Payroll‐Deductible Loan Payroll-Deductible Loan Portfolio (R$ million) 1,278 1,335 1,132 1,206 1,091 4Q09 1Q10 2Q10 3Q10 4Q10 Quality of the Payroll-Deductible Loan Portfolio 2.2%1.7% AA - C D-G H 96.1% 10
  • 11. Performance – Middle Market Middle Market Portfolio Growth (R$ million) Strategy: To invest in structuring this product so as to increase our share in this credit mode, focusing in the states of Paraná, where we rely on Group JMalucelli for support, 189.4 189.6 and São Paulo, in synergy with JMalucelli 177.0 161.0 Seguradora (insurance company). 130.0 4Q09 1Q10 2Q10 3Q10 4Q10 Quality of the Middle Market Portfolio Portfolio 2.3% 0.5% AA - C D-G H 97.2% 11
  • 12. Distribution PAYROLL-DEDUCTIBLE MIDDLE MARKET 7 PLATAFORMS 1 •CURITIBA/PR 1 •SÃO PAULO/SP 1 2 1 •PONTA GROSSA/PR 1 5 •MARINGÁ/PR 1 1 1 1 4 •LONDRINA/PR 3 DISTRIBUTION 4 51 •JOINVILLE/SC CHANNELS 3 15 •FLORIANÓPOLIS/SC85 FRANCHISES 1 214 OWN STORES346 BROKERS
  • 13. Funding Deposits Breakdown 21.2% Institutional Investors Related Parties 45.7% 11.2% Individuals Corporate Investors Financial Institutions 13.9% 8.0% Medium Term Notes - MTN Tranche Coupon Granting Date Maturity Hedge (US$ thousand) (p.a.) 100,000 December/2009 December/2012 7.375% 100% 35,000 August/2008 August/2011 7.750% 100% + interest rate 13
  • 14. Capital Structure Equity Changes (R$ thousand) 2010 2Q10 2009 1Q10 Initial Balance 788,782 806,649 Net Income 117,452 107,196 Interest on Equity (46,143) (47,915) Treasury shares (32,208) (77,181) Adjustment to market value - Marketable securities (223) 33 Final Balance 827,660 788,782 Portfolio / Shareholder`s Equity Basel Index 1.86 1.88 38.9% 1.80 36.0% 1.66 33.9% 33.2%1.64 32.7%4Q09 1Q10 2Q10 3Q10 4Q10 4Q09 1Q10 2Q10 3Q10 4Q10 14
  • 15. Corporate Governance Distributed Gross Value Interest on Equity Dividend Yield (R$) per share (R$) (%) 1Q10 5,506,435.92 0.06 0.57 2Q10 10,645,443.84 0.12 1.41 3Q10 7,938,857.88 0.09 0.84 4Q10 22,052,383.00 0.25 1.85 Total 46,143,120.64 0.52 -IOE (interest on equity) in 2010: R$ 46.1 million, equivalent to R$ 0.52 per share and pay-out of39.3%. 15
  • 16. Qualidade da Carteira de Crédito 4T09 x 4T09 xR$ 4T09 3T09 4T08 3T09 4T08PDD InsuranceCarteira (> 90 dias)Carteira (> 180 dias)Carteira Total* (a)Índice de cobertura da carteira (PDD / > 90 dias)Índice de cobertura da carteira (PDD / > 180 dias) 4Q10 70.649 74.725 46.820 1.398.582 94,5% 150,9% 62.331 67.023 38.475 1.347.703 93,0% 162,0% 13,3% 11,5% 21,7% 3,8% 1,5 p.p. (11,1 p.p.) 51.469 56.151 30.420 1.330.658 91,7% 169,2% 37,3% 33,1% 53,9% 5,1% 2,9 p.p. (18,3 p.p.)PDD / Carteira Total 5,1% 4,6% 0,5 p.p. 3,9% 1,2 p.p. (b)Créditos Baixados a Prejuízo              8.754            13.250 (33,9%)              7.856 11,4% (b/a)Nível de perda 0,6% 1,0% (0,4 p.p.) 0,6% 0,0 p.p. * Inclui saldo da cessão com coobrigação. Inadimplência Paraná Banco Consignado (>90 dias) = 5,9% PME (>90 dias) = 0,8% Inadimplência SFN PF (>90 dias) = 7,8% PJ (>90 dias) = 3,8% 16
  • 17. Insurance Group Seguradora’s Net Income : Resseguradora’s Net Income : R$ 37.8 million in 2010 R$ 15.8 million in 2010 ROAE of 28.9% ROAE of 16.4% 29.2% x 2009 12.2% x 2009 Share of Insurance Business: Market share - 2010: 47.0% of 2010 Net Income JM Seguradora: 40.4% JM Re: 41.8% Seguradora’s Combined Ratio: Premiums issued JM Seguradora + JM Re: 66.4% down 23.1 p.p. x 3T10 R$ 170.7 million 137.8% x 4Q09 17
  • 18. Market Expectations Quality of Infrastructure Investments in Infrastructure (Between1 e 7. GCR 2010-2011 ) (in R$ billions) Venezuela 2.8 121.9 111.7 Dominic Rep. 2.8 93.5 Bolivia 3.0 78.0 79.8 Peru 3.5 64.8 58.2 Colombia 3.6 Argentina 3.6 Mexico 3.7 Guatemala 3.9 Brazil 4.0 2003 2004 2005 2006 2007 2008 2009 El Salvador 4.1 Uruguay 4.3 Chile 4.7 According to ABDIB, Brazil will need R$ 160.9 billion per year for the next 5 years in order to suppress bottlenecks that are hindering the country’s competitiveness and economic growth. When financial resources are not invested, this need increases exponentially.Source: ABDIB and World Economic Forum – Global Competitiveness Report 2010-2011 18
  • 19. Market Expectations Investments in Infrastructure (R$ million) 140,000 120,000 100,000 80,000 60,000 40,000 20,000 - 2003 2004 2005 2006 2007 2008 2009 Oil & Gas Energy Transport Telecommunications SanitationSource: ABDIB 19
  • 20. Investment guide  2011 ‐ 2022 BRAZIL IS GOING TO NEED INVESTMENTS OF R$ 2 TRILLION BY 2022 HIGHWAYS  • Investment estimate:  R$ 200 billion  • More than 12,636 km in new highways  RAILWAYS  Investment estimate: R$ 130 billion 29,000 km in new railways  PORTS AND WATERWAYS  Investment estimate: R$ 60 billion  A total of 133 new construction, expansion and renovation works need to be made.  AIR TRANSPORTATION Investment estimate: R$ 20 billion A 41% expansion of current capacity is needed.  Sources: ICA Consultores, Fiesp, ABDIB, IBGE, Infraero, EPE, PAC and Revista Istoé Dinheiro 20
  • 21. Investiment Guide 2011 ‐ 2022 POWER  Investment estimate: R$ 385 billion  Requirement of 3,500 megawatts per year  OIL AND GAS  Investment estimate: R$ 955 billion Pre‐salt oil is President Dilma administration’s greater promise  TELECOMMUNICATIONS  Investment estimate: R$ 100 billion  The goal is a 233% increase in the number of homes accessing the Web  SANITATION  Investment estimate: R$ 206 billion  The lack of water and sanitation services affects 18% of Brazilian people Sources: ICA Consultores, Fiesp, ABDIB, IBGE, Infraero, EPE, PAC and Revista Istoé Dinheiro 21
  • 22. Market Share Market share - direct premiums (R$ thousand) 726,400 694,787 499,334 346,089 187,768 192,364 167,452 40.4% 43.0% 32.6% 50.4% 29.2% 37.0% 42.3% 2004 2005 2006 2007 2008 2009 2010 JMalucelli Seguradora Market JMalucelli Seguradora: market leadership, profitable operation, low claims ratio, fast credit analysis, client selection, and attractiveness for coinsurance companies. JMalucelli Resseguradora: first in the market share ranking, with 41.8% of the financial risk group.Source: SUSEP 22
  • 23. Financial Performance JMalucelli Seguradora JMalucelli Resseguradora ∆YoY = 29.2% ∆YoY = 12.2%40.000 35,0% 17.000 17,3% 18,0% 16,4% 17,0%35.000 30,0% 16.000 28,9% 30,0% 15.000 16,0%30.000 15,0%25.000 14.000 14,0% 25,0%20.000 13.000 13,0% 37.799 15.810 20,0% 12.000 12,0%15.000 29.249 14.091 11,0%10.000 11.000 15,0% 10,0% 5.000 10.000 9,0% 0 10,0% 9.000 8,0% 2009 2010 2009 2010 Net Income (R$ thousand) ROAE 23
  • 24. Combined Rate Monthly evolution of combined ratio and amplified combined ratio* Monthly evolution of composite rate and expanded composite rate* * For the market, all insurance products included. For JMalucelli Seguradora, surety bond and DPVAT included 93.0% 82.0% 62.0% 47.0% JM Seguradora Market Amplified JM Seguradora Expanded JM Seguradora Amplified Market Expanded Market According to SISCORP data, JMalucelli Seguradora had the 2nd better combined ratio in the whole Brazilian insurance market in 2009 and 2010.Source: SUSEP 24
  • 25. Operational Performance (Insurance) Insurance Claims (R$ thousand) 92,701 76,155 76,004 76,418 38,273 29,950 16,146 9,056 7,960 9,073 4,025 6,457 253 2,372 2004 2005 2006 2007 2008 2009 2010 Market JMalucelli Seguradora JM Seguradora has a specific area for occurrences which mediates and manages all claims received from customers. Its principle is legal defense of the involved parties and a wide opportunity for discussion on controversial matters.Source: SUSEP 25
  • 26. Investment Policy Portfolio of financial investments (R$ million) Profitability of investments 10.6% 29,6 431,0 9.7% 20,4 6,9% 301,1 13,2% Others = R$ 39,6 72,6% 2.6% 3.0% DPGE = R$ 218,7 69,9% 14,2% CDB = R$ 42,8 79,9 4Q10 2010 18,5% CDI Investments JM SegurosBonds Fixed income Equities Multimarket Total Profitability: financial income of R$ 12.8 million in 4Q10. 26
  • 27. Investor Relations Cristiano Malucelli Mauricio N. G. FanganielloIR Officer IR ManagerPhone: (55 41) 3351-9950 Phone: (55 41) 3351-9765 Marianne C. Baggioe-mail: ri@paranabanco.com.br IR AnalystIR Website: www.paranabanco.com.br/ri Phone: (55 41) 3351-9645This material may include estimates and forward-looking statements. These estimates and forward-looking statements are mostly based on current expectations andprojections of future events and financial trends which impact or may impact our business. Many important factors may have a negative impact on Banco Parana Banco’sresults, such as those anticipated in our estimates and forward-looking statements. These factors include, but are not limited to, domestic and international economicconditions, fiscal, foreign exchange and monetary policies, increased competition in the consigned credit sector, Banco Parana Banco’s funding capacity to support itsoperations, and changes in Central Bank’s standards. The words “believe”, “can”, “may”, “aims”, “estimates”, “continues”, “anticipates”, “intends”, “expects” and other similarwords are intended to identify estimates and projections. The considerations on estimates and forward-looking statements include information concerning results andprojections, strategy, competitive position, sector circumstances, growth opportunities, future regulation and competition impacts.These estimates and projections refer only to the date that they were expressed, and no undertaking has been made to publicly update or revise them resulting from newinformation, future events or any other factors. Due to the risks and uncertainties set forth herein, the estimates and forward-looking statements in this material many notmaterialize. Considering these limitations, the shareholders and investors should not make any decisions based on the estimates, projections and forward-lookingstatements contained herein. 27