Atco Star

Marble, NC · Charter 63640

Q4 1998

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 1998, the quarter ended December 31, 1998, 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.

Marble, NC · Charter 63640

Q4 1998

$438KAssets

$196KLoans

$329KShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.93%-65 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.79%	4.31%	6.14%	5.59%	4.18%	4.57%	3.85%	4.93%	-65 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	n/a	-7.86%	1.63%	6.50%	2.75%	4.72%	-7.92%	-955 bps
Loan Growth (YoY)	n/a	n/a	6.04%	16.12%	25.95%	-22.85%	-15.23%	-19.97%	-3,609 bps
Share Growth (YoY)	n/a	n/a	-12.57%	0.01%	6.53%	13.52%	6.57%	-10.91%	-1,092 bps
Asset Quality
Delinquent Loans / Loans	2.99%	0.02%	0.25%	1.96%	0.29%	0.34%	0.36%	1.58%	-38 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	0.69%	0.95%	1.26%	1.19%	1.09%	1.28%	1.13%	0.83%	-36 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	54.03%	75.32%	60.01%	66.48%	63.88%	51.19%	47.74%	59.72%	-676 bps
Liquid Assets / Assets	52.74%	40.72%	50.12%	39.96%	48.18%	58.15%	54.01%	51.17%	+1,121 bps