Valmont Employees

Valley, NE · Charter 64025

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.

Valley, NE · Charter 64025

Q4 1999

$1.5MAssets

$1.4MLoans

$1.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.03%-427 bps YoY

Net Interest Margin (YTD, annualized)

8.40%

n/a

Efficiency Ratio (YTD, annualized)

59.99%

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	4.14%	3.44%	3.92%	4.30%	3.29%	4.35%	3.73%	0.03%	-427 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	8.40%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	59.99%	n/a	n/a
Growth
Asset Growth (YoY)	26.33%	33.49%	38.04%	32.13%	27.71%	16.97%	19.54%	24.87%	-726 bps
Loan Growth (YoY)	35.69%	41.93%	59.30%	32.22%	19.34%	13.56%	13.85%	25.79%	-643 bps
Share Growth (YoY)	17.87%	27.79%	31.85%	41.43%	36.88%	22.95%	26.09%	26.86%	-1,458 bps
Asset Quality
Delinquent Loans / Loans	2.38%	2.58%	2.00%	4.52%	5.40%	2.34%	3.32%	4.80%	+28 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	1.27%	2.30%	2.84%	3.79%	4.27%	3.30%	1.66%	2.67%	-112 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	116.19%	115.29%	114.91%	105.39%	101.30%	106.48%	103.76%	104.51%	-89 bps
Liquid Assets / Assets	2.69%	0.78%	1.04%	0.60%	5.87%	7.39%	7.58%	7.26%	+666 bps