Agi

Des Mo;ines, IA · Charter 65119

Q4 1998

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 1998, the quarter ended December 31, 1998, 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 Mo;ines, IA · Charter 65119

Q4 1998

$392KAssets

$356KLoans

$366KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-12.94%-1,904 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	6.10%	6.33%	5.99%	6.10%	6.22%	6.52%	5.61%	-12.94%	-1,904 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	n/a	34.84%	29.66%	15.83%	10.24%	-15.41%	-33.73%	-6,339 bps
Loan Growth (YoY)	n/a	n/a	4.73%	-0.07%	11.47%	18.77%	-4.60%	-4.75%	-468 bps
Share Growth (YoY)	n/a	n/a	34.10%	36.16%	14.95%	13.00%	-18.51%	-30.42%	-6,658 bps
Asset Quality
Delinquent Loans / Loans	0.17%	3.41%	1.53%	0.06%	0.06%	2.05%	2.00%	69.84%	+6,978 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	1.67%	3.24%	3.21%	3.48%	3.16%	2.99%	3.57%	22.68%	+1,920 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	88.92%	88.19%	79.39%	71.04%	86.23%	92.69%	92.95%	97.25%	+2,621 bps
Liquid Assets / Assets	19.44%	24.69%	26.93%	34.57%	25.51%	18.82%	20.07%	23.03%	-1,154 bps