United Sound Community

Poulsbo, WA · Charter 68208

Q4 2000

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 2000, the quarter ended December 31, 2000, 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.

Poulsbo, WA · Charter 68208

Q4 2000

$6.4MAssets

$4.3MLoans

$5.6MShares

$784KNet Worth

Return on Assets (YTD, annualized)

0.77%-249 bps YoY

Net Interest Margin (YTD, annualized)

5.13%

Efficiency Ratio (YTD, annualized)

86.56%

Net Worth / Assets

12.16%

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	Q4 2000	YoY Δ	Trend
Earnings
Return on Assets	3.69%	3.38%	3.33%	3.26%	3.07%	0.66%	0.49%	0.77%	-249 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	6.31%	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	4.51%	4.68%	5.13%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	87.29%	90.35%	86.56%	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	n/a	8.19%	-2.75%	-2.72%	-13.29%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-12.31%	-9.81%	-19.12%	-16.61%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	8.01%	-4.16%	-3.79%	-15.65%	n/a
Asset Quality
Delinquent Loans / Loans	0.31%	0.91%	1.05%	1.06%	0.53%	0.48%	0.33%	0.49%	-57 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	1.11%	1.25%	0.87%	0.95%	0.80%	0.77%	0.56%	0.29%	-67 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	12.16%	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	12.16%	n/a	n/a
Liquidity & Funding
Loans / Shares	91.17%	76.64%	86.31%	76.22%	74.01%	72.13%	72.56%	75.35%	-87 bps
Liquid Assets / Assets	10.30%	24.89%	16.62%	24.57%	30.74%	2.79%	10.15%	31.07%	+650 bps