Carolina Cooperative

Charlotte, NC · Charter 20771

Q2 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: Q2 1999, the quarter ended June 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.

Charlotte, NC · Charter 20771

Q2 1999

$15.9MAssets

$11.5MLoans

$14.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.39%-10 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	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	4.47%	4.41%	4.53%	4.50%	4.60%	4.70%	4.80%	4.39%	-10 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	21.34%	26.41%	22.82%	24.37%	22.38%	21.56%	22.56%	-26 bps
Loan Growth (YoY)	n/a	62.07%	38.74%	18.39%	20.80%	23.74%	23.99%	21.65%	+326 bps
Share Growth (YoY)	n/a	20.18%	25.60%	22.05%	24.10%	22.05%	21.20%	22.84%	+79 bps
Asset Quality
Delinquent Loans / Loans	0.13%	0.08%	0.12%	0.02%	0.07%	0.03%	0.06%	0.08%	+7 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	0.81%	0.67%	0.52%	0.36%	0.34%	0.26%	0.27%	0.26%	-10 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	86.61%	81.14%	83.66%	79.68%	84.31%	82.26%	85.59%	78.90%	-77 bps
Liquid Assets / Assets	8.73%	13.52%	9.01%	17.99%	8.47%	9.25%	10.43%	15.14%	-285 bps