Provident Employees'

Chattanooga, TN · Charter 67606

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.

Chattanooga, TN · Charter 67606

Q2 1999

$19.5MAssets

$14.7MLoans

$17.1MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.00%-65 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 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	4.65%	4.86%	4.72%	4.54%	4.00%	-65 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)	18.03%	19.37%	16.62%	13.00%	7.39%	-1,064 bps
Loan Growth (YoY)	13.67%	11.53%	2.93%	4.61%	21.33%	+766 bps
Share Growth (YoY)	16.39%	18.11%	15.20%	11.77%	6.37%	-1,001 bps
Asset Quality
Delinquent Loans / Loans	0.76%	0.68%	0.70%	1.30%	0.99%	+22 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.92%	0.76%	0.76%	0.86%	0.68%	-24 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	75.15%	73.08%	74.45%	78.15%	85.72%	+1,056 bps
Liquid Assets / Assets	20.52%	28.03%	20.70%	17.69%	7.06%	-1,346 bps