St. Mary's Parish

Carsonville, MI · Charter 62023

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.

Carsonville, MI · Charter 62023

Q2 1999

$141KAssets

$65KLoans

$121KShares

n/aNet Worth

Return on Assets (YTD, annualized)

12.37%+436 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	6.60%	6.87%	5.50%	8.01%	6.88%	-19.96%	-5.93%	12.37%	+436 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	44.84%	39.71%	17.67%	22.43%	-1.15%	-1.47%	-2.54%	-2,020 bps
Loan Growth (YoY)	n/a	40.19%	35.38%	15.32%	0.96%	-2.90%	-28.05%	-40.22%	-5,553 bps
Share Growth (YoY)	n/a	41.20%	37.87%	12.76%	17.82%	6.64%	7.20%	4.04%	-872 bps
Asset Quality
Delinquent Loans / Loans	0.00%	1.90%	4.41%	4.99%	5.20%	24.83%	35.92%	25.18%	+2,019 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	2.90%	2.30%	2.03%	0.22%	0.23%	9.72%	18.30%	13.94%	+1,372 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	93.57%	79.61%	90.83%	93.13%	80.18%	72.49%	60.96%	53.52%	-3,962 bps
Liquid Assets / Assets	22.72%	32.40%	26.23%	19.25%	32.26%	34.60%	50.46%	54.20%	+3,496 bps