Seattle Telco

Seattle, WA · Charter 2785

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 2785

Q3 1997

$190.5MAssets

$160.3MLoans

$178.8MShares

n/aNet Worth

Return on Assets (YTD, annualized)

6.03%

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	5.69%	6.14%	5.99%	n/a	5.79%	5.69%	5.95%	6.03%	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)	2.13%	4.48%	6.46%	6.07%	5.50%	7.27%	7.88%	7.02%	+95 bps
Loan Growth (YoY)	2.97%	-0.74%	-1.62%	2.24%	5.74%	7.67%	8.70%	6.23%	+399 bps
Share Growth (YoY)	1.51%	3.70%	4.65%	4.16%	3.89%	5.23%	5.97%	5.01%	+86 bps
Asset Quality
Delinquent Loans / Loans	1.40%	1.49%	1.35%	1.32%	1.29%	1.42%	1.33%	1.45%	+12 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	1.81%	1.74%	1.73%	1.67%	1.62%	1.84%	1.65%	1.69%	+2 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	88.07%	82.86%	84.06%	88.62%	89.65%	84.78%	86.22%	89.65%	+102 bps
Liquid Assets / Assets	9.03%	14.99%	14.58%	8.33%	7.28%	10.89%	10.45%	3.48%	-485 bps