Seattle Pacific

Seattle, WA · Charter 68209

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.

Seattle, WA · Charter 68209

Q2 1999

$6.6MAssets

$3.3MLoans

$6.3MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.21%+48 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 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	2.74%	2.53%	2.84%	3.24%	3.21%	+48 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	71.79%	91.36%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	7.37%	14.28%	n/a
Share Growth (YoY)	n/a	n/a	n/a	77.27%	99.12%	n/a
Asset Quality
Delinquent Loans / Loans	1.55%	0.80%	0.61%	0.23%	0.18%	-137 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.90%	0.59%	0.56%	0.62%	0.57%	-33 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	91.65%	80.96%	50.26%	47.60%	52.60%	-3,905 bps
Liquid Assets / Assets	4.51%	10.82%	45.30%	44.16%	42.01%	+3,751 bps