White Gold

Gordon, GA · Charter 67377

Q2 1999

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 1999, the quarter ended June 30, 1999, 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.

Gordon, GA · Charter 67377

Q2 1999

$2.4MAssets

$1.0MLoans

$2.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.35%-183 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	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	6.01%	6.62%	6.62%	7.18%	6.52%	6.01%	5.67%	5.35%	-183 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	9.00%	14.56%	11.08%	25.01%	29.39%	27.32%	40.54%	+2,946 bps
Loan Growth (YoY)	n/a	105.85%	105.78%	83.21%	48.55%	31.71%	32.72%	10.42%	-7,278 bps
Share Growth (YoY)	n/a	7.10%	12.18%	7.24%	22.06%	28.28%	26.80%	43.02%	+3,578 bps
Asset Quality
Delinquent Loans / Loans	0.18%	1.67%	1.18%	1.03%	0.52%	2.17%	1.50%	1.18%	+15 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	3.73%	3.07%	2.46%	1.52%	1.21%	1.28%	1.20%	1.17%	-35 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	51.14%	51.43%	56.45%	61.98%	62.23%	52.80%	59.08%	47.85%	-1,413 bps
Liquid Assets / Assets	15.74%	14.18%	9.49%	12.72%	14.64%	16.07%	17.34%	23.79%	+1,107 bps