H. W. C. Employees

Little Rock, AR · Charter 21327

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.

Little Rock, AR · Charter 21327

Q2 1999

$158KAssets

$87KLoans

$141KShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.33%-201 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	1.40%	-0.65%	-0.18%	2.33%	3.76%	2.44%	2.57%	0.33%	-201 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	-0.32%	-7.02%	-19.79%	-12.59%	-7.59%	7.15%	3.50%	+2,328 bps
Loan Growth (YoY)	n/a	-11.17%	3.44%	8.28%	12.04%	22.41%	-0.48%	-10.04%	-1,832 bps
Share Growth (YoY)	n/a	15.17%	2.62%	-20.38%	-13.24%	-8.04%	7.51%	7.89%	+2,827 bps
Asset Quality
Delinquent Loans / Loans	7.49%	5.99%	3.63%	1.73%	1.32%	3.77%	0.18%	7.74%	+601 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	6.19%	4.23%	4.65%	4.76%	5.27%	5.88%	7.08%	7.95%	+319 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	68.90%	51.72%	67.93%	73.92%	88.98%	68.85%	62.88%	61.64%	-1,228 bps
Liquid Assets / Assets	42.62%	53.37%	40.93%	36.27%	27.26%	39.34%	47.11%	0.00%	-3,627 bps