Muncie Newspapers Employees

Muncie, IN · Charter 21321

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.

Muncie, IN · Charter 21321

Q2 1999

$596KAssets

$437KLoans

$438KShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.21%-309 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	4.48%	4.49%	5.07%	4.29%	3.80%	3.54%	1.69%	1.21%	-309 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	0.39%	-6.41%	1.41%	-10.28%	-17.10%	-5.73%	-3.00%	-440 bps
Loan Growth (YoY)	n/a	68.13%	35.99%	7.50%	-7.47%	-19.24%	-13.34%	-14.45%	-2,196 bps
Share Growth (YoY)	n/a	-4.27%	-13.19%	-3.10%	-17.94%	-25.94%	-8.68%	-2.56%	+54 bps
Asset Quality
Delinquent Loans / Loans	0.37%	0.47%	0.00%	2.68%	3.08%	6.00%	1.79%	0.00%	-268 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	1.08%	1.08%	1.18%	1.43%	2.30%	3.89%	1.47%	2.67%	+124 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	117.53%	107.13%	111.29%	113.55%	132.54%	116.82%	105.60%	99.69%	-1,386 bps
Liquid Assets / Assets	10.78%	17.03%	15.57%	16.59%	6.51%	21.27%	23.39%	24.57%	+798 bps