Smart & Final

Los Angeles, CA · Charter 11059

Q4 1997

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: Q4 1997, the quarter ended December 31, 1997, 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.

Los Angeles, CA · Charter 11059

Q4 1997

$15.8MAssets

$5.9MLoans

$11.9MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.92%+33 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	Q2 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	YoY Δ	Trend
Earnings
Return on Assets	4.20%	4.24%	4.35%	4.59%	4.39%	4.46%	4.86%	4.92%	+33 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	n/a	-4.47%	-6.83%	-3.29%	-4.03%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	13.51%	5.97%	-0.27%	-7.47%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-7.75%	-10.81%	-7.69%	-8.59%	n/a
Asset Quality
Delinquent Loans / Loans	0.56%	1.71%	1.19%	0.01%	0.60%	0.40%	1.09%	0.21%	+20 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	2.98%	2.63%	2.26%	2.29%	2.48%	1.99%	1.48%	1.35%	-93 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	38.96%	42.73%	44.98%	48.74%	47.94%	50.77%	48.59%	49.34%	+60 bps
Liquid Assets / Assets	28.64%	28.46%	16.32%	25.05%	26.09%	24.21%	23.26%	13.03%	-1,202 bps