St. Jude Employees

Memphis, TN · Charter 67670

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.

Memphis, TN · Charter 67670

Q4 1996

$3.6MAssets

$2.3MLoans

$3.3MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.50%+3 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	3.47%	3.73%	3.30%	3.43%	3.50%	+3 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	14.70%	9.63%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	-19.41%	-17.10%	n/a
Share Growth (YoY)	n/a	n/a	n/a	17.85%	8.58%	n/a
Asset Quality
Delinquent Loans / Loans	0.36%	2.92%	5.33%	4.25%	3.57%	+321 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.73%	0.71%	0.94%	0.97%	1.05%	+32 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	90.43%	80.05%	70.74%	63.63%	69.05%	-2,139 bps
Liquid Assets / Assets	13.10%	6.32%	12.52%	22.00%	19.80%	+670 bps