Horizon

Greensboro, NC · Charter 66315

Q2 1996

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 1996, the quarter ended June 30, 1996, 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.

Greensboro, NC · Charter 66315

Q2 1996

$6.6MAssets

$4.4MLoans

$6.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.59%-19 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	YoY Δ	Trend
Earnings
Return on Assets	3.78%	3.76%	3.81%	3.84%	3.59%	-19 bps
Return on Equity	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
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	n/a	-23.44%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-12.36%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-25.13%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	2.40%	2.05%	2.23%	2.06%	4.33%	+193 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.15%	1.53%	1.82%	1.55%	1.79%	+63 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	63.67%	66.41%	79.16%	78.55%	74.53%	+1,086 bps
Liquid Assets / Assets	24.67%	20.64%	15.73%	16.38%	27.48%	+280 bps