Bricks (NC) Community

Whitakers, NC · Charter 1540

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.

Whitakers, NC · Charter 1540

Q4 1998

$848KAssets

$721KLoans

$729KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-6.96%-531 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	4.68%	4.57%	-6.17%	-1.65%	-8.35%	-14.36%	-10.77%	-6.96%	-531 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	182.75%	116.62%	38.42%	3.32%	31.11%	-5.40%	-12,202 bps
Loan Growth (YoY)	n/a	n/a	449%	177.90%	39.14%	21.48%	31.90%	-5.93%	-18,384 bps
Share Growth (YoY)	n/a	n/a	202%	121.75%	53.22%	19.52%	20.14%	-12.84%	-13,459 bps
Asset Quality
Delinquent Loans / Loans	7.21%	19.37%	18.78%	10.10%	22.06%	14.94%	34.75%	37.39%	+2,729 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	2.07%	2.28%	5.31%	2.98%	7.90%	5.45%	10.75%	10.22%	+723 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	99.36%	81.01%	85.14%	91.62%	90.23%	82.34%	93.48%	98.88%	+726 bps
Liquid Assets / Assets	8.60%	19.79%	19.90%	9.17%	9.15%	7.25%	5.78%	6.48%	-269 bps