Florida Physicians Assoc.

Jacksonville, FL · Charter 68194

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.

Jacksonville, FL · Charter 68194

Q2 1999

$317KAssets

$100KLoans

$301KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-3.01%+61 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	Q3 1997	Q4 1997	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	-4.10%	-5.39%	-5.58%	-3.62%	-3.22%	-2.36%	-2.21%	-3.01%	+61 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)	996%	-2.98%	-2.93%	-16.60%	-22.29%	-0.57%	5.84%	4.80%	+2,140 bps
Loan Growth (YoY)	n/a	4062%	360%	210%	42.27%	73.06%	-7.65%	-27.99%	-23,754 bps
Share Growth (YoY)	1319%	-3.54%	-3.52%	-17.50%	-23.22%	-1.33%	5.44%	4.91%	+2,241 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 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	1.15%	1.32%	1.01%	1.00%	1.30%	1.20%	1.36%	1.66%	+66 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	21.94%	25.56%	43.70%	48.13%	40.65%	44.84%	38.27%	33.04%	-1,509 bps
Liquid Assets / Assets	75.53%	69.77%	49.92%	48.42%	53.48%	52.80%	60.27%	64.70%	+1,628 bps