JRS

Hermiston, OR · Charter 23059

Q2 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: Q2 1998, the quarter ended June 30, 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.

Hermiston, OR · Charter 23059

Q2 1998

$975KAssets

$698KLoans

$777KShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.13%-301 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	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	6.74%	5.82%	5.39%	6.14%	6.93%	3.99%	3.42%	3.13%	-301 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	n/a	26.80%	13.32%	14.13%	-9.78%	-5.13%	-3,192 bps
Loan Growth (YoY)	n/a	n/a	n/a	-5.00%	30.95%	14.78%	-7.54%	3.39%	+839 bps
Share Growth (YoY)	n/a	n/a	n/a	21.76%	7.34%	10.77%	-13.64%	-8.51%	-3,026 bps
Asset Quality
Delinquent Loans / Loans	4.34%	2.86%	2.78%	0.36%	2.10%	3.88%	1.92%	2.44%	+208 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	1.38%	1.40%	1.73%	1.63%	1.23%	1.29%	0.84%	1.21%	-42 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	99.59%	88.26%	86.24%	79.56%	121.49%	91.46%	92.34%	89.91%	+1,035 bps
Liquid Assets / Assets	9.84%	9.75%	23.61%	25.46%	0.02%	21.40%	17.53%	24.41%	-105 bps