First Financial of New Mexico

Albuquerque, NM · Charter 2433

Q1 1997

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: Q1 1997, the quarter ended March 31, 1997, 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.

Albuquerque, NM · Charter 2433

Q1 1997

$146.4MAssets

$121.8MLoans

$130.5MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.17%+7 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	Q3 1995	Q4 1995	Q1 1996	Q2 1996	Q3 1996	Q4 1996	Q1 1997	YoY Δ	Trend
Earnings
Return on Assets	4.84%	5.00%	5.16%	5.10%	5.22%	n/a	5.05%	5.17%	+7 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)	9.53%	11.59%	11.05%	19.22%	16.89%	12.82%	14.47%	9.29%	-993 bps
Loan Growth (YoY)	32.04%	36.97%	33.50%	31.22%	29.27%	28.23%	20.86%	16.21%	-1,501 bps
Share Growth (YoY)	10.60%	11.79%	13.53%	19.10%	18.00%	14.62%	15.82%	11.30%	-780 bps
Asset Quality
Delinquent Loans / Loans	0.62%	0.63%	0.75%	0.73%	0.71%	0.94%	1.35%	1.05%	+32 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	0.59%	0.52%	0.47%	0.48%	0.47%	0.70%	0.70%	0.74%	+25 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	82.91%	86.27%	93.92%	89.45%	90.83%	96.51%	98.01%	93.40%	+394 bps
Liquid Assets / Assets	17.73%	16.57%	10.87%	16.38%	14.60%	10.10%	8.93%	12.42%	-395 bps