General American Life Ins Co. Emp

St. Louis, MO · Charter 486

Q4 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: Q4 2001, the quarter ended December 31, 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.

St. Louis, MO · Charter 486

Q4 2001

$13.6MAssets

$5.2MLoans

$12.0MShares

$1.5MNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

0.30%-55 bps YoY

Net Interest Margin (YTD, annualized)

2.33%-25 bps YoY

Efficiency Ratio (YTD, annualized)

84.53%+2,333 bps YoY

Net Worth / Assets

10.91%

Year to date, annualized, through each quarter.

Metric	Q4 1999	Q2 2000	Q4 2000	Q2 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.85%	0.54%	0.67%	0.46%	0.30%	-55 bps
Return on Equity	n/a	n/a	5.09%	3.89%	2.75%	n/a
Net Interest Margin	2.58%	2.13%	2.39%	2.52%	2.33%	-25 bps
Efficiency Ratio	61.21%	72.08%	69.76%	80.63%	84.53%	+2,333 bps
Growth
Asset Growth (YoY)	11.62%	17.81%	13.05%	17.09%	30.71%	+1,908 bps
Loan Growth (YoY)	-2.45%	2.38%	2.02%	-4.65%	-15.55%	-1,310 bps
Share Growth (YoY)	11.30%	18.29%	12.93%	17.56%	33.90%	+2,260 bps
Asset Quality
Delinquent Loans / Loans	0.59%	0.57%	0.98%	0.34%	0.84%	+25 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.65%	0.51%	0.55%	0.43%	0.46%	-19 bps
Capital
Risk-Based Capital	n/a	n/a	13.09%	11.84%	10.91%	n/a
Net Worth / Assets	n/a	n/a	13.09%	11.84%	10.91%	n/a
Liquidity & Funding
Loans / Shares	68.56%	62.90%	70.24%	56.56%	43.24%	-2,532 bps
Liquid Assets / Assets	37.66%	42.99%	38.43%	48.95%	60.31%	+2,265 bps