S P E C

Honea Path, SC · Charter 22184

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.

Honea Path, SC · Charter 22184

Q2 1999

$1.4MAssets

$1.2MLoans

$1.0MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

2.75%-236 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 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	5.12%	5.47%	4.90%	5.04%	2.75%	-236 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)	11.81%	5.89%	9.58%	9.48%	3.77%	-805 bps
Loan Growth (YoY)	1.70%	6.15%	13.37%	34.55%	27.47%	+2,578 bps
Share Growth (YoY)	8.03%	0.92%	6.31%	2.16%	1.35%	-668 bps
Asset Quality
Delinquent Loans / Loans	0.16%	1.53%	2.13%	2.72%	1.56%	+140 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.56%	1.94%	1.19%	1.12%	1.25%	-31 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	92.14%	125.96%	101.32%	140.04%	115.89%	+2,375 bps
Liquid Assets / Assets	17.23%	5.79%	14.94%	0.54%	5.30%	-1,193 bps