Victor Employees

Denton, TX · Charter 67424

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.

Denton, TX · Charter 67424

Q2 1998

$5.4MAssets

$3.6MLoans

$4.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.64%-9 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 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	5.48%	5.20%	5.41%	5.73%	5.25%	5.56%	5.69%	5.64%	-9 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	14.67%	16.88%	22.66%	22.21%	23.52%	+886 bps
Loan Growth (YoY)	n/a	n/a	n/a	11.04%	13.11%	6.52%	17.27%	12.26%	+122 bps
Share Growth (YoY)	n/a	n/a	n/a	14.09%	17.56%	24.32%	23.42%	24.85%	+1,076 bps
Asset Quality
Delinquent Loans / Loans	1.32%	0.40%	0.56%	0.29%	1.41%	0.17%	0.76%	0.44%	+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	0.51%	0.53%	0.62%	0.62%	0.97%	0.47%	0.60%	0.53%	-9 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	91.72%	92.12%	91.52%	90.04%	88.25%	78.93%	86.96%	80.95%	-908 bps
Liquid Assets / Assets	17.12%	14.18%	12.66%	16.12%	12.73%	14.00%	15.15%	21.29%	+517 bps