Iowa Resources Employees

Des Moines, IA · Charter 65108

Q2 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: Q2 1999, the quarter ended June 30, 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.

Des Moines, IA · Charter 65108

Q2 1999

$4.7MAssets

$1.8MLoans

$4.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.33%-76 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 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	5.37%	4.85%	4.68%	4.09%	4.05%	4.07%	4.01%	3.33%	-76 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	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)	n/a	-2.14%	-6.00%	-3.53%	-6.35%	-9.34%	-12.32%	-8.28%	-475 bps
Loan Growth (YoY)	n/a	-20.87%	-24.40%	-15.76%	-14.02%	-7.06%	11.55%	14.31%	+3,007 bps
Share Growth (YoY)	n/a	-3.93%	-5.46%	-3.83%	-6.49%	-9.98%	-13.50%	-7.11%	-327 bps
Asset Quality
Delinquent Loans / Loans	1.66%	2.19%	1.42%	3.26%	2.77%	2.06%	1.07%	1.10%	-216 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	2.63%	2.80%	2.04%	2.17%	2.65%	2.01%	1.16%	1.67%	-50 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	37.28%	35.21%	33.78%	35.40%	34.28%	36.35%	43.56%	43.56%	+816 bps
Liquid Assets / Assets	60.48%	62.51%	64.38%	61.84%	57.62%	63.66%	53.52%	53.50%	-834 bps