W S Typo

Winston Salem, NC · Charter 60904

Q2 2000

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 2000, the quarter ended June 30, 2000, 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.

Winston Salem, NC · Charter 60904

Q2 2000

$995KAssets

$596KLoans

$880KShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.16%-390 bps YoY

Net Interest Margin (YTD, annualized)

3.89%

Efficiency Ratio (YTD, annualized)

89.40%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	YoY Δ	Trend
Earnings
Return on Assets	4.66%	4.49%	4.22%	4.05%	3.73%	3.83%	0.64%	0.16%	-390 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	3.94%	3.89%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	84.02%	89.40%	n/a
Growth
Asset Growth (YoY)	-3.99%	-2.22%	-4.81%	-2.86%	2.13%	-4.40%	-4.18%	-9.95%	-709 bps
Loan Growth (YoY)	-1.29%	-12.93%	-7.52%	-15.08%	-13.98%	-13.48%	-13.05%	-17.85%	-277 bps
Share Growth (YoY)	-5.61%	-2.97%	-5.43%	-3.05%	2.56%	-5.29%	-5.60%	-11.39%	-834 bps
Asset Quality
Delinquent Loans / Loans	3.42%	2.31%	2.90%	1.57%	0.64%	0.43%	1.02%	0.33%	-124 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	0.35%	1.14%	0.84%	0.72%	0.97%	1.07%	1.05%	0.49%	-23 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	83.34%	72.69%	78.87%	73.00%	69.90%	66.41%	72.65%	67.68%	-532 bps
Liquid Assets / Assets	22.06%	31.14%	25.39%	32.55%	33.40%	37.92%	31.92%	20.11%	-1,244 bps