Atlanta Penitentiary

Atlanta, GA · Charter 5034

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.

Atlanta, GA · Charter 5034

Q4 1998

$7.5MAssets

$5.4MLoans

$7.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.91%-184 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	4.29%	4.27%	3.69%	3.75%	4.21%	3.31%	1.48%	1.91%	-184 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	14.91%	20.32%	16.62%	8.12%	-6.04%	-22.68%	-4,300 bps
Loan Growth (YoY)	n/a	n/a	69.19%	65.40%	31.94%	7.78%	-15.24%	-36.01%	-10,142 bps
Share Growth (YoY)	n/a	n/a	16.93%	21.38%	27.57%	9.99%	-1.74%	-16.43%	-3,780 bps
Asset Quality
Delinquent Loans / Loans	0.41%	1.12%	1.31%	1.97%	5.33%	6.18%	8.09%	8.87%	+690 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	1.23%	1.03%	0.76%	0.66%	0.66%	1.64%	2.34%	1.92%	+126 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	88.62%	88.40%	92.92%	101.29%	91.66%	86.62%	80.15%	77.55%	-2,374 bps
Liquid Assets / Assets	18.40%	8.71%	3.75%	2.18%	7.56%	12.14%	18.63%	21.33%	+1,914 bps