Fairwinds

Orlando, FL · Charter 5988

Q3 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: Q3 1999, the quarter ended September 30, 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.

Orlando, FL · Charter 5988

Q3 1999

$588.1MAssets

$302.8MLoans

$524.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.41%-338 bps YoY

Net Interest Margin (YTD, annualized)

3.03%

n/a

Efficiency Ratio (YTD, annualized)

63.72%

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	Q2 1999	Q3 1999	YoY Δ	Trend
Earnings
Return on Assets	4.62%	4.58%	4.72%	4.79%	4.55%	4.96%	4.68%	1.41%	-338 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	3.03%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	63.72%	n/a	n/a
Growth
Asset Growth (YoY)	8.98%	8.34%	7.28%	8.43%	13.43%	14.36%	16.27%	14.92%	+649 bps
Loan Growth (YoY)	17.56%	14.98%	16.64%	15.38%	16.51%	20.17%	19.16%	17.85%	+248 bps
Share Growth (YoY)	8.61%	8.61%	6.69%	8.34%	13.51%	14.40%	16.60%	15.16%	+682 bps
Asset Quality
Delinquent Loans / Loans	0.62%	0.53%	0.45%	0.43%	0.47%	0.36%	0.35%	0.40%	-3 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	0.94%	0.98%	0.98%	0.88%	0.84%	0.69%	0.79%	0.79%	-9 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	53.72%	52.94%	55.38%	56.43%	55.15%	55.61%	56.59%	57.75%	+132 bps
Liquid Assets / Assets	24.13%	23.13%	20.95%	22.52%	21.49%	19.72%	18.01%	18.97%	-355 bps