Bedford Independent

Bedford, IN · Charter 19122

Q1 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: Q1 1997, the quarter ended March 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.

Bedford, IN · Charter 19122

Q1 1997

$103.2MAssets

$82.9MLoans

$95.8MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.17%-16 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	Q1 1996	Q2 1996	Q3 1996	Q4 1996	Q1 1997	YoY Δ	Trend
Earnings
Return on Assets	4.33%	4.27%	n/a	4.33%	4.17%	-16 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)	11.41%	8.99%	9.67%	8.84%	7.49%	-392 bps
Loan Growth (YoY)	6.48%	6.14%	7.60%	12.44%	13.66%	+718 bps
Share Growth (YoY)	11.45%	8.96%	9.38%	8.26%	6.97%	-448 bps
Asset Quality
Delinquent Loans / Loans	0.66%	0.63%	0.69%	0.78%	0.72%	+6 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.43%	0.41%	0.42%	0.50%	0.46%	+3 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	81.44%	83.35%	86.18%	89.78%	86.53%	+509 bps
Liquid Assets / Assets	14.36%	13.33%	10.86%	7.57%	11.66%	-270 bps