Associates Mechanical

San Diego, CA · Charter 11098

Q2 2000

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 2000, the quarter ended June 30, 2000, 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.

San Diego, CA · Charter 11098

Q2 2000

$3.0MAssets

$2.0MLoans

$2.5MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-0.39%-299 bps YoY

Net Interest Margin (YTD, annualized)

4.75%

Efficiency Ratio (YTD, annualized)

87.82%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	YoY Δ	Trend
Earnings
Return on Assets	2.98%	2.89%	3.23%	2.60%	2.78%	2.55%	0.11%	-0.39%	-299 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	4.31%	4.75%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	97.74%	87.82%	n/a
Growth
Asset Growth (YoY)	-16.49%	-8.58%	-9.20%	-0.02%	2.36%	13.40%	7.88%	9.38%	+940 bps
Loan Growth (YoY)	-14.04%	-10.22%	-13.43%	-16.66%	-14.89%	-7.09%	7.24%	22.54%	+3,920 bps
Share Growth (YoY)	-19.88%	-10.49%	-11.10%	0.16%	2.82%	16.03%	9.42%	11.32%	+1,116 bps
Asset Quality
Delinquent Loans / Loans	3.63%	0.80%	5.74%	5.70%	2.80%	3.69%	0.85%	0.95%	-475 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	1.38%	0.48%	0.69%	0.85%	1.00%	1.03%	0.50%	0.90%	+5 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	85.05%	80.74%	78.17%	73.54%	70.40%	64.65%	76.61%	80.96%	+741 bps
Liquid Assets / Assets	22.55%	24.60%	25.14%	34.75%	33.64%	41.89%	26.48%	27.31%	-744 bps