Volunteer

Chattanooga, TN · Charter 63875

Q2 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: Q2 1997, the quarter ended June 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.

Chattanooga, TN · Charter 63875

Q2 1997

$635KAssets

$339KLoans

$523KShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.06%+3 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	3.72%	3.53%	4.03%	3.95%	4.16%	4.07%	4.06%	+3 bps
Return on Equity	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
Efficiency Ratio	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	n/a	n/a	-0.29%	5.56%	7.55%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	1.95%	-6.12%	-24.44%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-2.24%	4.61%	6.73%	n/a
Asset Quality
Delinquent Loans / Loans	0.75%	0.61%	2.69%	1.94%	2.93%	5.71%	1.83%	-87 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.86%	3.08%	3.26%	3.38%	2.69%	3.07%	3.75%	+48 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	77.12%	84.90%	91.75%	80.77%	80.43%	76.19%	64.95%	-2,679 bps
Liquid Assets / Assets	30.63%	26.61%	21.94%	29.74%	32.23%	31.41%	37.77%	+1,583 bps