Greater Piedmont

Durham, NC · Charter 22765

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.

Durham, NC · Charter 22765

Q4 1996

$8.2MAssets

$6.0MLoans

$7.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.87%+9 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	YoY Δ	Trend
Earnings
Return on Assets	3.22%	3.78%	3.89%	4.42%	4.04%	3.87%	+9 bps
Return on Equity	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
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	n/a	14.79%	15.58%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	40.15%	29.95%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	12.23%	11.75%	n/a
Asset Quality
Delinquent Loans / Loans	3.78%	2.92%	2.87%	3.99%	3.15%	1.59%	-134 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.98%	2.64%	2.63%	2.59%	2.42%	2.12%	-52 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	58.58%	71.48%	66.00%	74.34%	73.16%	83.12%	+1,164 bps
Liquid Assets / Assets	21.32%	20.32%	24.76%	19.18%	21.09%	14.19%	-613 bps