Financial FCU of San Diego

San Diego, CA · Charter 2218

Q1 1998

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: Q1 1998, the quarter ended March 31, 1998, 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.

San Diego, CA · Charter 2218

Q1 1998

$76.1MAssets

$40.6MLoans

$66.7MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.70%-37 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	Q2 1996	Q3 1996	Q4 1996	Q1 1997	Q2 1997	Q3 1997	Q4 1997	Q1 1998	YoY Δ	Trend
Earnings
Return on Assets	4.17%	n/a	4.36%	4.08%	4.22%	4.35%	4.20%	3.70%	-37 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)	6.86%	3.11%	3.84%	6.80%	7.68%	8.03%	10.68%	11.35%	+456 bps
Loan Growth (YoY)	6.24%	8.60%	9.00%	9.81%	8.22%	8.64%	10.88%	14.10%	+430 bps
Share Growth (YoY)	5.17%	1.24%	2.20%	6.63%	7.15%	8.06%	10.29%	11.17%	+454 bps
Asset Quality
Delinquent Loans / Loans	0.32%	0.39%	0.51%	0.59%	0.69%	0.57%	0.53%	0.46%	-13 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	1.21%	1.18%	1.16%	1.15%	1.07%	1.00%	0.99%	0.99%	-16 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	62.11%	66.31%	65.25%	59.33%	62.73%	66.66%	65.60%	60.89%	+156 bps
Liquid Assets / Assets	22.52%	23.63%	24.94%	28.13%	26.53%	21.66%	21.34%	33.95%	+582 bps