Mojave Valley Grange

Victorville, CA · Charter 3611

Q2 2001

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 2001, the quarter ended June 30, 2001, 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.

Victorville, CA · Charter 3611

Q2 2001

$3.1MAssets

$2.4MLoans

$2.9MShares

$211KNet Worth

Return on Assets (YTD, annualized)

0.55%-416 bps YoY

Net Interest Margin (YTD, annualized)

4.73%

Efficiency Ratio (YTD, annualized)

72.30%

Net Worth / Assets

6.76%

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	Q4 2000	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	5.04%	-1.03%	2.04%	4.72%	0.47%	0.70%	0.75%	0.55%	-416 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	12.12%	8.21%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.71%	4.23%	4.38%	4.73%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	80.10%	76.52%	72.75%	72.30%	n/a
Growth
Asset Growth (YoY)	2.58%	-6.05%	9.38%	20.86%	12.66%	11.42%	-0.09%	-11.93%	-3,279 bps
Loan Growth (YoY)	9.14%	5.06%	7.01%	2.26%	8.97%	7.94%	5.94%	-12.20%	-1,446 bps
Share Growth (YoY)	1.04%	-5.16%	11.54%	24.61%	16.20%	11.15%	-1.11%	-13.68%	-3,828 bps
Asset Quality
Delinquent Loans / Loans	7.71%	8.61%	4.00%	3.09%	2.46%	1.18%	0.63%	4.66%	+157 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	1.12%	4.20%	2.73%	2.03%	1.80%	1.34%	1.09%	1.63%	-40 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	6.17%	6.76%	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	6.17%	6.76%	n/a
Liquidity & Funding
Loans / Shares	98.79%	90.82%	85.40%	82.85%	92.64%	88.19%	91.49%	84.27%	+142 bps
Liquid Assets / Assets	3.52%	9.74%	11.67%	16.55%	0.00%	3.18%	10.71%	15.79%	-77 bps