S & S Machinery Credit Union

Cedar Bluff, VA · Charter 66960

Q2 1997

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 1997, the quarter ended June 30, 1997, 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.

Cedar Bluff, VA · Charter 66960

Q2 1997

$1.6MAssets

$1.5MLoans

$1.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

6.92%-90 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	Q4 1996	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	2.80%	4.87%	7.82%	7.50%	7.53%	7.38%	6.92%	-90 bps
Return on Equity	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
Efficiency Ratio	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	n/a	n/a	-4.24%	-8.18%	-0.50%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	12.07%	13.53%	-1.88%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-11.93%	-15.80%	-7.48%	n/a
Asset Quality
Delinquent Loans / Loans	7.88%	5.66%	3.85%	3.18%	2.99%	3.67%	3.04%	-81 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	3.68%	2.86%	2.28%	2.11%	1.88%	1.93%	1.35%	-93 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	85.37%	84.13%	105.38%	103.39%	108.64%	113.43%	111.76%	+638 bps
Liquid Assets / Assets	14.25%	14.50%	1.12%	2.76%	4.46%	1.04%	3.61%	+249 bps