Crowley Employees

Detroit, MI · Charter 3372

Q4 1998

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: Q4 1998, the quarter ended December 31, 1998, 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.

Detroit, MI · Charter 3372

Q4 1998

$438KAssets

$267KLoans

$349KShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.99%-120 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	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	2.86%	3.82%	3.16%	4.19%	3.43%	4.71%	2.86%	2.99%	-120 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)	n/a	n/a	-5.13%	-15.70%	-16.57%	-8.66%	-13.16%	-5.18%	+1,052 bps
Loan Growth (YoY)	n/a	n/a	23.17%	12.65%	0.20%	-10.79%	-21.42%	-25.96%	-3,861 bps
Share Growth (YoY)	n/a	n/a	-7.98%	-18.99%	-19.74%	-12.01%	-16.84%	-7.97%	+1,101 bps
Asset Quality
Delinquent Loans / Loans	2.82%	1.88%	1.29%	3.87%	3.17%	2.83%	3.06%	3.67%	-20 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	3.81%	3.82%	3.57%	3.84%	2.89%	1.77%	2.09%	3.13%	-71 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	66.77%	81.06%	80.20%	94.97%	83.35%	82.19%	75.78%	76.41%	-1,856 bps
Liquid Assets / Assets	33.49%	26.72%	24.63%	21.42%	19.75%	22.00%	37.40%	28.25%	+683 bps