St. John's Parish

Covington, KY · Charter 62470

Q4 2002

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 2002, the quarter ended December 31, 2002, 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.

Covington, KY · Charter 62470

Q4 2002

$4KAssets

$1KLoans

$0KShares

$4KNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

-597%-59,757 bps YoY

Net Interest Margin (YTD, annualized)

-554%-55,789 bps YoY

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

100.00%+6,872 bps YoY

Year to date, annualized, through each quarter.

Metric	Q2 2001	Q4 2001	Q2 2002	Q3 2002	Q4 2002	YoY Δ	Trend
Earnings
Return on Assets	0.21%	0.01%	0.50%	-5.09%	-597%	-59,757 bps
Return on Equity	0.66%	0.02%	1.69%	-5.10%	-597%	-59,802 bps
Net Interest Margin	3.67%	2.59%	2.43%	28.00%	-554%	-55,789 bps
Efficiency Ratio	94.34%	99.74%	81.43%	118.18%	n/a	n/a
Growth
Asset Growth (YoY)	-38.35%	-28.54%	-10.96%	-94.93%	-95.39%	-5,704 bps
Loan Growth (YoY)	-78.87%	-82.88%	-95.49%	-95.94%	-95.79%	-1,692 bps
Share Growth (YoY)	-47.24%	-36.44%	-13.20%	-99.99%	-100.00%	-5,276 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	4.97%	9.41%	0.00%	0.00%	0.00%	-497 bps
Capital
Risk-Based Capital	31.28%	31.27%	29.67%	99.90%	100.00%	+6,872 bps
Net Worth / Assets	31.28%	31.27%	29.67%	99.90%	100.00%	+6,872 bps
Liquidity & Funding
Loans / Shares	28.16%	14.93%	3.13%	29960%	n/a	n/a
Liquid Assets / Assets	79.29%	88.84%	96.25%	56.88%	67.46%	-1,184 bps