North Santiam

Stayton, OR · Charter 10108

Q2 1999

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 1999, the quarter ended June 30, 1999, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Stayton, OR · Charter 10108

Q2 1999

$6.7MAssets

$5.1MLoans

$7.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-23.11%-2,912 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	6.89%	6.59%	6.19%	6.01%	5.89%	5.90%	1.11%	-23.11%	-2,912 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	38.46%	37.06%	54.42%	53.13%	50.81%	46.99%	16.47%	-3,795 bps
Loan Growth (YoY)	n/a	46.86%	41.79%	37.91%	45.78%	41.39%	35.64%	5.91%	-3,200 bps
Share Growth (YoY)	n/a	35.88%	35.24%	55.73%	55.32%	53.35%	57.03%	41.23%	-1,449 bps
Asset Quality
Delinquent Loans / Loans	8.62%	11.28%	15.52%	10.02%	15.41%	18.43%	15.51%	14.30%	+428 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.97%	2.71%	2.83%	3.04%	2.96%	2.49%	6.42%	19.09%	+1,605 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	102.57%	102.13%	99.08%	94.73%	96.27%	94.17%	85.59%	71.04%	-2,369 bps
Liquid Assets / Assets	9.67%	8.33%	12.68%	15.36%	14.18%	9.83%	17.74%	31.69%	+1,633 bps