Sun Country

Sun City West, AZ · Charter 22640

Q4 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: Q4 1998, the quarter ended December 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.

Sun City West, AZ · Charter 22640

Q4 1998

$19.6MAssets

$14.4MLoans

$18.5MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.94%+111 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.73%	3.54%	3.27%	2.82%	4.35%	4.26%	4.21%	3.94%	+111 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	n/a	8.66%	11.39%	12.47%	17.46%	12.56%	18.84%	+745 bps
Loan Growth (YoY)	n/a	n/a	15.63%	20.06%	13.01%	8.35%	3.59%	-5.10%	-2,516 bps
Share Growth (YoY)	n/a	n/a	9.96%	12.89%	12.24%	17.73%	12.27%	18.00%	+511 bps
Asset Quality
Delinquent Loans / Loans	0.98%	1.54%	1.05%	1.38%	1.32%	1.37%	1.34%	0.94%	-44 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	1.22%	1.08%	0.93%	0.89%	0.97%	0.84%	0.95%	0.92%	+3 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	91.67%	95.05%	93.96%	96.51%	92.30%	87.48%	86.70%	77.62%	-1,889 bps
Liquid Assets / Assets	4.71%	2.47%	4.62%	2.63%	7.21%	11.56%	13.00%	18.99%	+1,636 bps