N E C Co. Columbus Employees

Columbus, OH · Charter 2865

Q2 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: Q2 1999, the quarter ended June 30, 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.

Columbus, OH · Charter 2865

Q2 1999

$799KAssets

$591KLoans

$731KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

1.24%-72 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 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	1.97%	1.39%	-1.28%	-0.85%	1.24%	-72 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	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	-19.97%	-21.03%	-14.76%	-13.08%	-8.96%	+1,101 bps
Loan Growth (YoY)	-18.47%	-28.21%	-29.34%	-18.43%	-19.34%	-87 bps
Share Growth (YoY)	-19.91%	-19.90%	-11.54%	-9.81%	-3.90%	+1,601 bps
Asset Quality
Delinquent Loans / Loans	8.89%	12.78%	14.51%	13.62%	5.23%	-366 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	3.34%	3.38%	3.44%	3.98%	2.34%	-100 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	96.23%	100.50%	84.66%	95.10%	80.77%	-1,546 bps
Liquid Assets / Assets	9.67%	10.05%	19.11%	9.16%	17.62%	+796 bps