Waverly Florida

Waverly, FL · Charter 67304

Q2 1998

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 1998, the quarter ended June 30, 1998, 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.

Waverly, FL · Charter 67304

Q2 1998

$256KAssets

$47KLoans

$224KShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.70%-192 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 1996	Q4 1996	Q1 1997	Q2 1997	Q3 1997	Q4 1997	Q1 1998	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	4.99%	4.93%	4.31%	4.62%	4.69%	4.48%	2.65%	2.70%	-192 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)	-6.11%	-4.52%	-4.12%	-11.39%	-4.35%	-4.34%	1.65%	8.00%	+1,938 bps
Loan Growth (YoY)	12.26%	-1.45%	-16.57%	-17.65%	-19.13%	-21.99%	-17.94%	-25.44%	-779 bps
Share Growth (YoY)	-13.10%	-8.44%	-9.59%	-19.76%	-9.89%	-7.83%	0.69%	34.51%	+5,427 bps
Asset Quality
Delinquent Loans / Loans	1.41%	1.97%	0.51%	1.20%	0.78%	1.88%	1.62%	7.35%	+616 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	2.18%	2.62%	3.20%	2.78%	1.87%	2.12%	2.34%	2.59%	-18 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	40.74%	38.44%	35.26%	37.84%	36.56%	32.54%	28.73%	20.97%	-1,686 bps
Liquid Assets / Assets	67.85%	63.94%	66.97%	66.58%	66.91%	66.13%	65.20%	74.71%	+813 bps