Monterey

Monterey, CA · Charter 19083

Q3 1999

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: Q3 1999, the quarter ended September 30, 1999, 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.

Monterey, CA · Charter 19083

Q3 1999

$117.2MAssets

$85.0MLoans

$103.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.04%-251 bps YoY

Net Interest Margin (YTD, annualized)

5.02%

n/a

Efficiency Ratio (YTD, annualized)

78.97%

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	Q2 1999	Q3 1999	YoY Δ	Trend
Earnings
Return on Assets	3.88%	3.55%	3.47%	3.55%	3.46%	3.35%	3.58%	1.04%	-251 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	5.02%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	78.97%	n/a	n/a
Growth
Asset Growth (YoY)	6.10%	6.04%	8.42%	9.54%	11.97%	12.06%	10.79%	9.80%	+25 bps
Loan Growth (YoY)	3.90%	11.51%	20.01%	22.22%	22.36%	25.70%	21.46%	21.97%	-25 bps
Share Growth (YoY)	5.55%	5.30%	7.49%	9.60%	11.75%	11.94%	12.09%	9.74%	+13 bps
Asset Quality
Delinquent Loans / Loans	0.88%	0.39%	0.41%	0.16%	0.20%	0.08%	0.18%	0.18%	+2 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%	1.15%	1.14%	1.01%	0.98%	1.02%	1.03%	0.93%	-8 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	67.33%	68.40%	72.53%	73.99%	73.72%	76.81%	78.60%	82.24%	+825 bps
Liquid Assets / Assets	12.60%	11.81%	9.93%	9.74%	10.99%	9.73%	9.42%	6.07%	-367 bps