South Carolina Elect Coop Empl

Cayce, SC · Charter 60835

Q2 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: Q2 1999, the quarter ended June 30, 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.

Cayce, SC · Charter 60835

Q2 1999

$6.6MAssets

$4.8MLoans

$5.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.69%+46 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	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	4.67%	4.21%	4.46%	4.23%	4.74%	4.28%	4.45%	4.69%	+46 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	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	-6.23%	0.66%	7.97%	8.65%	1.85%	5.83%	7.87%	-10 bps
Loan Growth (YoY)	n/a	23.80%	-1.04%	-10.87%	-9.41%	3.37%	7.56%	7.67%	+1,855 bps
Share Growth (YoY)	n/a	-10.13%	-2.33%	5.78%	6.59%	-0.86%	3.62%	6.48%	+70 bps
Asset Quality
Delinquent Loans / Loans	0.79%	0.53%	0.73%	0.62%	0.04%	1.29%	1.49%	0.74%	+12 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	0.82%	1.02%	0.97%	0.97%	0.66%	0.71%	0.72%	0.65%	-32 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	113.44%	94.00%	93.29%	88.17%	96.42%	98.01%	96.84%	89.16%	+99 bps
Liquid Assets / Assets	2.76%	18.73%	20.43%	27.72%	20.98%	17.99%	19.28%	25.07%	-266 bps