Bellco First

Englewood, CO · Charter 24406

Q1 2000

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 2000, the quarter ended March 31, 2000, 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.

Englewood, CO · Charter 24406

Q1 2000

$947.2MAssets

$768.9MLoans

$826.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.79%-291 bps YoY

Net Interest Margin (YTD, annualized)

4.10%

Efficiency Ratio (YTD, annualized)

54.84%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1998	Q3 1998	Q4 1998	Q1 1999	Q2 1999	Q3 1999	Q4 1999	Q1 2000	YoY Δ	Trend
Earnings
Return on Assets	5.04%	5.05%	4.81%	4.71%	4.85%	1.57%	1.67%	1.79%	-291 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	4.04%	4.09%	4.10%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	56.31%	55.15%	54.84%	n/a
Growth
Asset Growth (YoY)	8.91%	8.63%	14.93%	11.29%	9.96%	13.26%	6.88%	8.01%	-328 bps
Loan Growth (YoY)	8.54%	5.00%	1.48%	3.52%	8.11%	16.50%	21.22%	23.23%	+1,971 bps
Share Growth (YoY)	8.69%	8.68%	15.72%	11.11%	9.73%	8.96%	5.58%	7.03%	-408 bps
Asset Quality
Delinquent Loans / Loans	0.62%	0.59%	0.57%	0.41%	0.33%	0.34%	0.37%	0.32%	-8 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%	1.24%	1.28%	1.28%	1.21%	1.09%	1.06%	1.05%	-23 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	88.51%	88.63%	82.21%	80.80%	87.20%	94.76%	94.39%	93.02%	+1,222 bps
Liquid Assets / Assets	10.41%	11.85%	15.72%	14.01%	7.59%	4.37%	1.00%	1.43%	-1,258 bps