T F Employees

Lufkin, TX · Charter 12795

Q4 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: Q4 1998, the quarter ended December 31, 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.

Lufkin, TX · Charter 12795

Q4 1998

$1.2MAssets

$163KLoans

$929KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.28%-70 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 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.98%	3.30%	3.31%	3.13%	3.28%	-70 bps
Return on Equity	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
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	-23.38%	-20.91%	-18.14%	-16.17%	-11.57%	+1,182 bps
Loan Growth (YoY)	-43.12%	-48.54%	-47.25%	-45.12%	-31.88%	+1,124 bps
Share Growth (YoY)	-28.54%	-25.78%	-23.20%	-18.84%	-15.09%	+1,345 bps
Asset Quality
Delinquent Loans / Loans	0.79%	0.40%	2.58%	2.16%	8.44%	+765 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.58%	0.75%	0.36%	0.44%	0.00%	-58 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	21.91%	19.13%	18.89%	15.83%	17.58%	-433 bps
Liquid Assets / Assets	80.52%	78.94%	82.34%	85.83%	82.09%	+157 bps