B S C Health Care Services

St. Clair Shore, MI · Charter 63744

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.

St. Clair Shore, MI · Charter 63744

Q4 1998

$3.8MAssets

$1.6MLoans

$3.4MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

-3.70%-562 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 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	1.92%	0.94%	0.65%	0.50%	-3.70%	-562 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)	-15.85%	-13.53%	-14.19%	-14.15%	-12.60%	+325 bps
Loan Growth (YoY)	12.97%	-24.88%	-36.09%	-33.56%	-39.73%	-5,270 bps
Share Growth (YoY)	-19.32%	-13.42%	-16.37%	-15.56%	-8.20%	+1,112 bps
Asset Quality
Delinquent Loans / Loans	2.60%	3.68%	4.00%	0.70%	0.36%	-224 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.14%	1.54%	1.31%	0.37%	0.93%	-21 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	70.41%	55.97%	62.05%	53.70%	46.22%	-2,419 bps
Liquid Assets / Assets	31.66%	0.18%	31.78%	33.97%	35.12%	+346 bps