Sony Magnetic Products Employees

Dothan, AL · Charter 23792

Q4 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: Q4 1999, the quarter ended December 31, 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.

Dothan, AL · Charter 23792

Q4 1999

$10.4MAssets

$8.0MLoans

$9.4MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

0.27%-507 bps YoY

Net Interest Margin (YTD, annualized)

3.29%

Efficiency Ratio (YTD, annualized)

78.74%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	5.35%	5.46%	4.34%	4.04%	0.27%	-507 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	3.29%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	78.74%	n/a	n/a
Growth
Asset Growth (YoY)	12.06%	23.33%	28.55%	30.40%	18.57%	+652 bps
Loan Growth (YoY)	5.57%	-10.17%	-4.90%	7.81%	14.31%	+874 bps
Share Growth (YoY)	18.37%	23.01%	31.18%	33.36%	18.78%	+41 bps
Asset Quality
Delinquent Loans / Loans	1.58%	1.63%	1.24%	1.39%	1.60%	+2 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.71%	0.72%	0.60%	0.66%	0.90%	+19 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	88.48%	71.13%	71.34%	74.90%	85.15%	-333 bps
Liquid Assets / Assets	9.23%	23.33%	17.87%	14.60%	8.62%	-62 bps