WA-Two

Walla Walla, WA · Charter 5837

Q4 1999

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 1999, the quarter ended December 31, 1999, 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.

Walla Walla, WA · Charter 5837

Q4 1999

$6.6MAssets

$5.0MLoans

$6.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.67%-105 bps YoY

Net Interest Margin (YTD, annualized)

3.68%

n/a

Efficiency Ratio (YTD, annualized)

85.51%

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	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	2.50%	1.54%	2.14%	1.71%	2.29%	2.38%	3.01%	0.67%	-105 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	3.68%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	85.51%	n/a	n/a
Growth
Asset Growth (YoY)	6.09%	-11.78%	-12.32%	-15.21%	-16.79%	2.18%	14.17%	16.75%	+3,196 bps
Loan Growth (YoY)	-18.47%	-22.92%	-15.95%	-15.53%	-16.45%	-6.23%	5.86%	12.17%	+2,770 bps
Share Growth (YoY)	7.24%	-11.08%	-10.95%	-13.38%	-15.32%	3.61%	16.14%	17.63%	+3,102 bps
Asset Quality
Delinquent Loans / Loans	3.11%	1.41%	0.89%	2.59%	0.51%	0.62%	0.34%	1.91%	-68 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	0.36%	0.57%	0.16%	0.73%	1.06%	1.11%	0.80%	0.85%	+12 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	71.61%	81.78%	86.28%	83.51%	70.65%	74.02%	78.64%	79.63%	-388 bps
Liquid Assets / Assets	20.08%	12.15%	5.00%	8.85%	17.67%	20.36%	14.39%	13.11%	+426 bps