Montgomery Railroad

Montgomery, AL · Charter 65167

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.

Montgomery, AL · Charter 65167

Q2 1999

$2.9MAssets

$2.5MLoans

$2.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.82%+23 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	3.78%	4.88%	5.44%	4.59%	4.68%	4.98%	5.08%	4.82%	+23 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	9.08%	2.27%	11.30%	15.19%	22.63%	32.41%	26.10%	+1,481 bps
Loan Growth (YoY)	n/a	9.00%	7.70%	4.44%	12.41%	28.07%	26.81%	16.45%	+1,201 bps
Share Growth (YoY)	n/a	1.38%	-2.85%	8.05%	2.79%	17.41%	19.98%	11.99%	+394 bps
Asset Quality
Delinquent Loans / Loans	0.77%	1.19%	1.26%	0.94%	1.36%	1.49%	2.49%	0.57%	-37 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	3.91%	0.88%	3.62%	3.65%	2.85%	2.66%	2.88%	2.66%	-99 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	111.31%	109.64%	112.52%	103.60%	121.74%	119.59%	118.93%	107.73%	+412 bps
Liquid Assets / Assets	5.03%	4.30%	1.32%	5.57%	1.36%	0.00%	0.00%	13.11%	+754 bps