NCNG Savings and CU

Fayetteville, NC · Charter 65588

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.

Fayetteville, NC · Charter 65588

Q2 1999

$3.0MAssets

$1.1MLoans

$2.7MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.93%-63 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	6.44%	5.21%	6.10%	5.56%	5.79%	5.48%	5.32%	4.93%	-63 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	-0.77%	-2.03%	9.59%	11.79%	7.38%	12.56%	5.46%	-413 bps
Loan Growth (YoY)	n/a	16.63%	7.45%	-0.32%	-3.78%	-9.57%	-13.28%	-23.31%	-2,300 bps
Share Growth (YoY)	n/a	-4.14%	-6.11%	6.82%	9.52%	5.47%	11.54%	8.04%	+123 bps
Asset Quality
Delinquent Loans / Loans	0.93%	1.03%	0.40%	1.09%	0.36%	0.64%	1.86%	0.65%	-44 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	1.78%	1.62%	1.38%	1.43%	1.34%	0.97%	1.09%	0.54%	-89 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	64.22%	65.16%	65.24%	58.63%	56.42%	55.87%	50.72%	41.61%	-1,701 bps
Liquid Assets / Assets	39.19%	39.04%	40.36%	44.68%	45.85%	47.39%	50.68%	58.32%	+1,365 bps