Plainwell Paper Co., Inc. Employees

Plainwell, MI · Charter 61952

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.

Plainwell, MI · Charter 61952

Q2 1996

$2.8MAssets

$1.1MLoans

$2.4MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.01%+45 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	2.56%	3.06%	3.31%	3.81%	3.01%	+45 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	-4.99%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	3.45%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-7.24%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	0.82%	0.66%	0.55%	0.11%	0.21%	-61 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.20%	1.48%	1.46%	1.26%	1.38%	+18 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	40.67%	46.77%	43.86%	51.29%	45.35%	+468 bps
Liquid Assets / Assets	60.41%	51.69%	43.85%	50.79%	54.16%	-625 bps