Seattle

Seattle, WA · Charter 24467

Q3 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: Q3 1997, the quarter ended September 30, 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.

Seattle, WA · Charter 24467

Q3 1997

$213.3MAssets

$173.3MLoans

$193.8MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.04%

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 1995	Q1 1996	Q2 1996	Q3 1996	Q4 1996	Q1 1997	Q2 1997	Q3 1997	YoY Δ	Trend
Earnings
Return on Assets	3.89%	4.16%	4.04%	n/a	4.09%	3.96%	4.05%	4.04%	n/a
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)	5.39%	11.77%	9.65%	4.98%	5.31%	6.29%	4.43%	5.95%	+98 bps
Loan Growth (YoY)	6.27%	7.25%	11.56%	13.41%	11.37%	8.58%	5.23%	2.28%	-1,112 bps
Share Growth (YoY)	10.09%	13.09%	9.72%	6.77%	6.16%	6.93%	5.12%	4.73%	-204 bps
Asset Quality
Delinquent Loans / Loans	1.09%	0.75%	1.31%	0.98%	1.90%	1.66%	1.42%	1.82%	+84 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	0.48%	0.43%	0.52%	0.52%	0.49%	0.63%	0.68%	0.72%	+20 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	88.12%	86.56%	91.39%	91.56%	92.45%	87.90%	91.49%	89.42%	-214 bps
Liquid Assets / Assets	10.26%	12.97%	8.72%	7.83%	5.53%	10.98%	8.28%	10.50%	+267 bps