Alabama Telco

Birmingham, AL · Charter 63773

Q3 1997

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: Q3 1997, the quarter ended September 30, 1997, 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.

Birmingham, AL · Charter 63773

Q3 1997

$200.5MAssets

$112.9MLoans

$179.1MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.48%

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	Q1 1996	Q2 1996	Q3 1996	Q4 1996	Q1 1997	Q2 1997	Q3 1997	YoY Δ	Trend
Earnings
Return on Assets	4.79%	4.15%	4.43%	n/a	4.48%	4.46%	4.42%	4.48%	n/a
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)	6.08%	8.85%	5.99%	5.35%	2.44%	1.73%	3.21%	2.38%	-297 bps
Loan Growth (YoY)	6.48%	4.30%	2.43%	3.36%	1.28%	-0.45%	-0.97%	-2.41%	-577 bps
Share Growth (YoY)	9.02%	7.41%	5.83%	4.95%	1.92%	1.45%	2.03%	1.37%	-358 bps
Asset Quality
Delinquent Loans / Loans	1.15%	0.99%	0.99%	1.28%	1.37%	1.30%	1.13%	1.16%	-12 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	0.95%	0.91%	0.87%	0.81%	0.92%	0.98%	1.00%	1.03%	+22 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	66.91%	62.22%	63.58%	65.44%	66.50%	61.06%	61.71%	63.00%	-244 bps
Liquid Assets / Assets	9.09%	26.39%	7.88%	8.18%	8.29%	16.37%	9.59%	14.92%	+673 bps