Kingsport Postal & Federal Empls.

Kingsport, TN · Charter 68170

Q4 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: Q4 1998, the quarter ended December 31, 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.

Kingsport, TN · Charter 68170

Q4 1998

$660KAssets

$264KLoans

$543KShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.24%-149 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.64%	3.68%	2.59%	2.73%	2.20%	2.43%	-0.41%	1.24%	-149 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	-19.27%	-14.78%	-19.44%	-17.49%	-14.97%	+430 bps
Loan Growth (YoY)	n/a	n/a	n/a	-11.95%	1.33%	-9.94%	-18.80%	-19.12%	-717 bps
Share Growth (YoY)	n/a	n/a	n/a	-23.65%	-18.42%	-23.13%	-19.79%	-16.91%	+674 bps
Asset Quality
Delinquent Loans / Loans	1.65%	2.89%	3.19%	1.24%	4.98%	8.81%	2.09%	1.89%	+65 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	1.94%	2.18%	2.38%	1.12%	0.98%	2.52%	3.02%	1.90%	+78 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	47.50%	47.06%	46.34%	49.89%	59.00%	55.13%	46.91%	48.56%	-133 bps
Liquid Assets / Assets	56.20%	58.02%	58.61%	56.39%	48.73%	53.45%	58.11%	58.22%	+183 bps