B C E E

Ashland, KY · Charter 16055

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.

Ashland, KY · Charter 16055

Q4 1997

$295KAssets

$90KLoans

$212KShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.51%-92 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	3.48%	3.58%	4.31%	4.43%	3.65%	2.11%	5.06%	3.51%	-92 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	7.28%	-2.06%	-18.14%	-29.78%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	6.56%	18.82%	23.18%	-9.90%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	1.39%	-10.76%	-27.42%	-37.80%	n/a
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.65%	0.62%	+62 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	1.30%	1.18%	1.25%	1.23%	1.22%	0.99%	1.01%	1.36%	+13 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	30.70%	32.71%	30.26%	29.28%	32.27%	43.56%	51.36%	42.41%	+1,313 bps
Liquid Assets / Assets	57.17%	0.00%	0.22%	49.93%	53.29%	0.00%	46.06%	6.77%	-4,316 bps