Armstrong-Urw Nashville Employees

Madison, TN · Charter 21488

Q4 1996

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: Q4 1996, the quarter ended December 31, 1996, 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.

Madison, TN · Charter 21488

Q4 1996

$2.6MAssets

$1.1MLoans

$1.9MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

5.24%+148 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 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	YoY Δ	Trend
Earnings
Return on Assets	3.77%	8.60%	6.58%	5.22%	5.24%	+148 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)	n/a	n/a	n/a	-35.20%	-23.29%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	-17.41%	-26.48%	n/a
Share Growth (YoY)	n/a	n/a	n/a	-42.93%	-32.16%	n/a
Asset Quality
Delinquent Loans / Loans	19.49%	5.29%	3.16%	3.19%	0.00%	-1,949 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	7.16%	3.72%	2.65%	2.88%	0.15%	-700 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	51.76%	55.31%	53.24%	54.02%	56.09%	+433 bps
Liquid Assets / Assets	20.77%	23.31%	21.95%	21.76%	38.56%	+1,779 bps