Stanislaus County

Modesto, CA · Charter 5992

Q1 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: Q1 1999, the quarter ended March 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.

Modesto, CA · Charter 5992

Q1 1999

$75.7MAssets

$33.9MLoans

$67.9MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.38%+42 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	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	YoY Δ	Trend
Earnings
Return on Assets	3.95%	4.15%	4.15%	4.11%	4.38%	+42 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)	10.04%	9.21%	9.17%	10.68%	8.08%	-196 bps
Loan Growth (YoY)	4.65%	0.70%	-1.79%	-3.39%	-2.55%	-719 bps
Share Growth (YoY)	10.03%	9.19%	9.00%	11.49%	7.98%	-204 bps
Asset Quality
Delinquent Loans / Loans	0.57%	0.41%	0.43%	0.54%	0.60%	+2 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.85%	0.89%	0.89%	0.91%	0.89%	+4 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	55.29%	54.02%	51.29%	49.86%	49.90%	-539 bps
Liquid Assets / Assets	20.97%	20.88%	17.95%	17.77%	13.81%	-716 bps