United Community

Port Huron, MI · Charter 7216

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.

Port Huron, MI · Charter 7216

Q4 1998

$8.4MAssets

$4.9MLoans

$7.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.49%-199 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	2.92%	3.13%	3.02%	3.48%	3.26%	3.65%	3.27%	1.49%	-199 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	0.37%	-5.49%	13.24%	4.79%	9.11%	20.14%	+2,563 bps
Loan Growth (YoY)	n/a	n/a	13.92%	-1.33%	0.45%	4.92%	9.39%	1.87%	+321 bps
Share Growth (YoY)	n/a	n/a	-1.45%	-7.93%	12.48%	2.76%	7.62%	22.58%	+3,051 bps
Asset Quality
Delinquent Loans / Loans	0.58%	0.34%	1.23%	1.00%	1.21%	1.76%	1.41%	1.38%	+38 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	1.89%	1.61%	1.67%	1.53%	1.19%	1.12%	1.02%	1.21%	-33 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	81.77%	78.62%	72.72%	77.18%	73.03%	80.27%	73.92%	64.15%	-1,304 bps
Liquid Assets / Assets	21.95%	24.88%	30.62%	25.47%	30.45%	24.87%	29.63%	38.18%	+1,271 bps