Sierra Schools

Reno, NV · Charter 6004

Q1 1997

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 1997, the quarter ended March 31, 1997, 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.

Reno, NV · Charter 6004

Q1 1997

$75.3MAssets

$59.1MLoans

$68.0MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.68%-27 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 1996	Q2 1996	Q3 1996	Q4 1996	Q1 1997	YoY Δ	Trend
Earnings
Return on Assets	3.95%	3.85%	n/a	3.91%	3.68%	-27 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)	12.88%	11.74%	9.21%	8.49%	9.21%	-367 bps
Loan Growth (YoY)	6.98%	10.43%	16.13%	26.76%	31.14%	+2,416 bps
Share Growth (YoY)	12.71%	11.61%	8.89%	8.55%	9.58%	-313 bps
Asset Quality
Delinquent Loans / Loans	0.88%	0.88%	0.78%	0.77%	0.40%	-48 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.60%	0.58%	0.70%	0.70%	0.65%	+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	72.53%	76.77%	84.43%	87.94%	86.80%	+1,427 bps
Liquid Assets / Assets	19.44%	14.93%	10.07%	8.38%	12.20%	-724 bps