Erie Shores

Toledo, OH · Charter 4443

Q2 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: Q2 1998, the quarter ended June 30, 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.

Toledo, OH · Charter 4443

Q2 1998

$24.8MAssets

$14.5MLoans

$19.9MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.50%-45 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 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	3.95%	3.85%	3.59%	3.56%	3.50%	-45 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)	-12.45%	-8.76%	-7.48%	-5.49%	-5.78%	+667 bps
Loan Growth (YoY)	19.89%	2.52%	1.21%	-1.80%	-8.08%	-2,797 bps
Share Growth (YoY)	-15.07%	-14.82%	-11.90%	-8.93%	-9.02%	+605 bps
Asset Quality
Delinquent Loans / Loans	1.08%	1.30%	1.99%	0.86%	1.59%	+51 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.60%	0.46%	0.58%	0.61%	0.53%	-7 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	72.08%	77.40%	78.64%	79.10%	72.82%	+74 bps
Liquid Assets / Assets	24.18%	17.88%	16.97%	21.94%	31.67%	+750 bps