Universal Employees

Frankenmuth, MI · Charter 60612

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.

Frankenmuth, MI · Charter 60612

Q4 1999

$2.7MAssets

$716KLoans

$2.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-1.29%-567 bps YoY

Net Interest Margin (YTD, annualized)

3.40%

n/a

Efficiency Ratio (YTD, annualized)

136.28%

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	4.01%	4.03%	4.21%	4.38%	4.08%	3.99%	3.96%	-1.29%	-567 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	3.40%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	136.28%	n/a	n/a
Growth
Asset Growth (YoY)	-9.81%	-3.89%	0.42%	-0.23%	-0.03%	2.69%	-2.53%	-7.73%	-750 bps
Loan Growth (YoY)	103.38%	54.39%	32.35%	31.09%	24.26%	8.00%	-8.84%	-34.66%	-6,575 bps
Share Growth (YoY)	-11.54%	-7.37%	-1.70%	-3.07%	-3.24%	2.27%	-5.44%	-8.00%	-494 bps
Asset Quality
Delinquent Loans / Loans	2.32%	1.65%	0.54%	2.22%	4.02%	3.32%	7.34%	15.63%	+1,341 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	0.90%	0.83%	0.85%	0.71%	0.74%	0.50%	0.22%	4.53%	+381 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	33.90%	37.65%	37.01%	46.21%	43.54%	39.76%	35.68%	32.82%	-1,339 bps
Liquid Assets / Assets	24.56%	22.66%	30.21%	26.52%	24.50%	15.30%	44.21%	45.85%	+1,932 bps