Covenant Healthcare

Milwaukee, WI · Charter 67236

Q4 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: Q4 1997, the quarter ended December 31, 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.

Milwaukee, WI · Charter 67236

Q4 1997

$1.3MAssets

$1.1MLoans

$1.1MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.19%-57 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	Q4 1997	YoY Δ	Trend
Earnings
Return on Assets	2.61%	2.07%	2.98%	3.77%	3.90%	3.74%	3.37%	3.19%	-57 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	n/a	n/a	n/a	11.45%	6.15%	4.05%	7.52%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	4.50%	19.24%	18.85%	-0.14%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	9.43%	3.13%	0.66%	5.28%	n/a
Asset Quality
Delinquent Loans / Loans	1.18%	1.50%	1.78%	3.18%	5.29%	2.75%	2.41%	3.52%	+34 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	0.30%	0.79%	0.55%	1.09%	1.08%	1.48%	0.70%	0.79%	-30 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	96.45%	91.56%	87.27%	99.51%	92.11%	105.86%	103.04%	94.38%	-513 bps
Liquid Assets / Assets	7.33%	12.51%	19.18%	9.80%	14.80%	3.74%	7.31%	14.82%	+502 bps