United Pacific

Federal Way, WA · Charter 22047

Q4 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: Q4 1999, the quarter ended December 31, 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.

Federal Way, WA · Charter 22047

Q4 1999

$1.8MAssets

$1.4MLoans

$1.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.63%-357 bps YoY

Net Interest Margin (YTD, annualized)

6.04%

n/a

Efficiency Ratio (YTD, annualized)

85.74%

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	3.85%	3.98%	3.97%	4.21%	3.27%	3.21%	2.93%	0.63%	-357 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	6.04%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	85.74%	n/a	n/a
Growth
Asset Growth (YoY)	-17.47%	-11.08%	-10.07%	-4.35%	-0.07%	-2.63%	3.34%	1.29%	+565 bps
Loan Growth (YoY)	-7.21%	-2.01%	5.61%	2.08%	-3.68%	-2.46%	-6.86%	-6.04%	-812 bps
Share Growth (YoY)	-21.53%	-14.93%	-14.08%	-7.90%	-1.98%	-4.54%	3.03%	0.74%	+865 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 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	0.44%	0.51%	0.62%	0.55%	0.34%	0.48%	0.70%	0.82%	+27 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	93.17%	94.71%	101.27%	106.96%	91.56%	96.77%	91.54%	99.76%	-720 bps
Liquid Assets / Assets	20.04%	19.85%	15.21%	12.27%	22.87%	19.56%	22.06%	16.89%	+462 bps