Northwest

Salt Lake City, UT · Charter 66871

Q2 2001

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 2001, the quarter ended June 30, 2001, 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.

Salt Lake City, UT · Charter 66871

Q2 2001

$40.0MAssets

$25.0MLoans

$36.2MShares

$3.8MNet Worth

Return on Assets (YTD, annualized)

0.63%-352 bps YoY

Net Interest Margin (YTD, annualized)

3.30%

Efficiency Ratio (YTD, annualized)

83.48%

Net Worth / Assets

9.56%

Year to date, annualized, through each quarter.

Metric	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	Q4 2000	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	4.41%	4.35%	4.43%	4.15%	0.80%	0.68%	0.76%	0.63%	-352 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	7.71%	6.54%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	3.62%	3.46%	3.44%	3.30%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	79.62%	81.22%	79.15%	83.48%	n/a
Growth
Asset Growth (YoY)	20.77%	13.81%	16.14%	13.26%	1.78%	3.85%	6.27%	9.48%	-378 bps
Loan Growth (YoY)	14.59%	26.44%	13.65%	9.85%	6.12%	-1.31%	6.26%	9.03%	-82 bps
Share Growth (YoY)	19.32%	12.91%	15.66%	12.90%	-0.10%	2.59%	5.16%	8.95%	-395 bps
Asset Quality
Delinquent Loans / Loans	0.38%	0.46%	0.40%	0.24%	0.34%	0.26%	0.25%	0.30%	+6 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	0.70%	0.54%	0.56%	0.51%	0.54%	0.51%	0.56%	0.50%	-1 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	9.81%	9.56%	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	9.81%	9.56%	n/a
Liquidity & Funding
Loans / Shares	71.34%	75.62%	70.98%	69.05%	75.78%	72.74%	71.72%	69.10%	+5 bps
Liquid Assets / Assets	14.49%	9.80%	31.79%	10.35%	6.15%	8.26%	10.81%	18.31%	+796 bps