Moorhead

Moorhead, MN · Charter 60135

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.

Moorhead, MN · Charter 60135

Q4 1999

$6.8MAssets

$4.6MLoans

$6.2MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

0.37%-241 bps YoY

Net Interest Margin (YTD, annualized)

4.11%

Efficiency Ratio (YTD, annualized)

91.27%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	2.78%	2.78%	2.75%	2.41%	0.37%	-241 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	4.11%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	91.27%	n/a	n/a
Growth
Asset Growth (YoY)	3.14%	6.90%	14.61%	13.56%	16.64%	+1,350 bps
Loan Growth (YoY)	-3.19%	5.29%	-3.31%	7.19%	14.46%	+1,765 bps
Share Growth (YoY)	1.83%	6.07%	14.69%	13.69%	17.16%	+1,533 bps
Asset Quality
Delinquent Loans / Loans	0.55%	0.76%	0.76%	0.38%	0.24%	-30 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.74%	0.70%	0.68%	0.52%	0.46%	-28 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	75.05%	73.37%	68.35%	69.21%	73.32%	-173 bps
Liquid Assets / Assets	27.31%	27.47%	33.08%	31.43%	23.01%	-430 bps