Western Resources

Wichita, KS · Charter 63764

Q4 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: Q4 1999, the quarter ended December 31, 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.

Wichita, KS · Charter 63764

Q4 1999

$3.8MAssets

$2.4MLoans

$3.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-1.64%-521 bps YoY

Net Interest Margin (YTD, annualized)

3.73%

n/a

Efficiency Ratio (YTD, annualized)

132.13%

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	3.62%	4.00%	3.08%	3.57%	3.29%	3.55%	2.38%	-1.64%	-521 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	3.73%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	132.13%	n/a	n/a
Growth
Asset Growth (YoY)	-1.82%	0.33%	15.32%	17.05%	13.87%	5.63%	7.11%	1.80%	-1,525 bps
Loan Growth (YoY)	11.00%	7.40%	5.59%	19.53%	13.12%	6.21%	-6.26%	-16.98%	-3,651 bps
Share Growth (YoY)	-5.52%	-2.23%	15.56%	18.54%	15.98%	5.63%	6.85%	3.13%	-1,541 bps
Asset Quality
Delinquent Loans / Loans	0.15%	0.19%	0.36%	0.23%	0.49%	0.15%	1.16%	0.60%	+36 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	0.88%	0.89%	0.83%	0.75%	0.84%	0.71%	0.86%	1.37%	+63 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	83.13%	85.75%	82.34%	88.73%	81.08%	86.22%	72.24%	71.43%	-1,730 bps
Liquid Assets / Assets	18.15%	15.58%	23.94%	17.62%	19.60%	14.54%	24.22%	5.33%	-1,229 bps