Joint Services

Dallas, TX · Charter 10553

Q2 1998

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 1998, the quarter ended June 30, 1998, 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.

Dallas, TX · Charter 10553

Q2 1998

$14.7MAssets

$3.6MLoans

$6.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.73%-170 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 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	3.71%	3.48%	3.62%	3.43%	2.66%	2.13%	2.49%	1.73%	-170 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	n/a	n/a	-16.07%	-7.59%	-6.33%	-7.21%	30.35%	+4,642 bps
Loan Growth (YoY)	n/a	n/a	n/a	26.74%	34.26%	12.72%	6.96%	-27.82%	-5,456 bps
Share Growth (YoY)	n/a	n/a	n/a	-18.16%	-8.89%	-7.57%	-8.63%	-33.83%	-1,567 bps
Asset Quality
Delinquent Loans / Loans	1.65%	0.88%	0.93%	0.97%	0.96%	1.07%	0.66%	0.76%	-21 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	1.59%	1.89%	1.79%	1.75%	1.71%	1.89%	1.60%	2.28%	+53 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	40.78%	47.20%	47.47%	52.27%	60.09%	57.56%	55.57%	57.02%	+475 bps
Liquid Assets / Assets	24.72%	23.00%	26.35%	18.43%	18.83%	20.19%	28.48%	60.54%	+4,211 bps