Pure Milk Employees Credit Union

Waco, TX · Charter 67590

Q4 1996

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 1996, the quarter ended December 31, 1996, 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.

Waco, TX · Charter 67590

Q4 1996

$119KAssets

$46KLoans

$96KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

2.72%-122 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	YoY Δ	Trend
Earnings
Return on Assets	3.94%	4.23%	4.14%	2.21%	2.72%	-122 bps
Return on Equity	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
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	-16.26%	-20.38%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	-53.51%	-48.01%	n/a
Share Growth (YoY)	n/a	n/a	n/a	-21.24%	-24.84%	n/a
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	1.83%	0.00%	5.17%	+517 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.00%	3.43%	4.98%	7.62%	8.45%	+645 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	70.08%	88.02%	70.96%	53.26%	48.48%	-2,160 bps
Liquid Assets / Assets	0.00%	19.76%	20.31%	16.72%	48.96%	+4,896 bps