Carpenters 1498

Provo, UT · Charter 10541

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.

Provo, UT · Charter 10541

Q2 1999

$337KAssets

$166KLoans

$274KShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.14%-320 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	5.44%	5.69%	4.77%	4.34%	3.93%	4.41%	3.61%	1.14%	-320 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	-2.87%	-10.99%	-10.19%	-8.59%	0.82%	0.37%	0.61%	+1,080 bps
Loan Growth (YoY)	n/a	59.60%	13.32%	-7.50%	-23.68%	-17.10%	-25.87%	-46.81%	-3,931 bps
Share Growth (YoY)	n/a	-7.11%	-15.82%	-13.87%	-10.32%	1.05%	1.52%	3.28%	+1,715 bps
Asset Quality
Delinquent Loans / Loans	0.94%	17.77%	12.38%	1.54%	18.37%	19.88%	35.44%	23.31%	+2,177 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	3.14%	3.32%	5.38%	3.69%	4.22%	4.13%	5.88%	6.28%	+258 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	116.64%	119.97%	113.52%	117.51%	99.26%	98.42%	82.89%	60.51%	-5,700 bps
Liquid Assets / Assets	6.03%	5.49%	13.38%	9.35%	22.60%	23.08%	35.92%	52.59%	+4,324 bps