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Phoenix, AZ · Charter 6771

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.

Phoenix, AZ · Charter 6771

Q4 1996

$4.9MAssets

$2.9MLoans

$4.2MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.09%+18 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	2.91%	2.95%	3.06%	3.05%	3.09%	+18 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	-6.59%	-4.70%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	42.19%	44.80%	n/a
Share Growth (YoY)	n/a	n/a	n/a	-8.32%	-6.27%	n/a
Asset Quality
Delinquent Loans / Loans	0.29%	0.45%	0.18%	0.14%	0.13%	-16 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.82%	0.60%	0.62%	0.62%	0.61%	-21 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	45.17%	54.52%	67.19%	67.57%	69.78%	+2,461 bps
Liquid Assets / Assets	10.46%	8.87%	13.29%	14.94%	17.00%	+654 bps