Laurens Glass Long Life

Laurens, SC · Charter 18371

Q2 1996

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 1996, the quarter ended June 30, 1996, 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.

Laurens, SC · Charter 18371

Q2 1996

$6.6MAssets

$4.4MLoans

$5.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.39%-175 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	YoY Δ	Trend
Earnings
Return on Assets	4.14%	3.73%	4.57%	4.17%	2.39%	-175 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)	n/a	n/a	n/a	n/a	5.88%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	13.24%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	5.99%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	2.46%	2.48%	2.10%	1.85%	2.76%	+30 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.32%	0.71%	0.45%	0.28%	0.95%	+63 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	77.90%	77.37%	89.57%	98.83%	83.23%	+533 bps
Liquid Assets / Assets	15.95%	20.18%	17.84%	16.12%	27.02%	+1,106 bps