Saulte Ste. Marie

Glenwood, MN · Charter 60075

Q2 1996

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: Q2 1996, the quarter ended June 30, 1996, 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.

Glenwood, MN · Charter 60075

Q2 1996

$237KAssets

$104KLoans

$200KShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.02%-54 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	YoY Δ	Trend
Earnings
Return on Assets	1.55%	2.14%	1.27%	2.04%	1.02%	-54 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)	n/a	n/a	n/a	n/a	-5.84%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-28.51%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-7.35%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	7.42%	4.26%	0.23%	2.45%	0.85%	-657 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.98%	2.04%	2.01%	2.00%	3.12%	+114 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	67.27%	60.15%	59.89%	52.76%	51.91%	-1,537 bps
Liquid Assets / Assets	40.99%	47.67%	35.61%	52.61%	54.21%	+1,321 bps