Biloxi V A F

Biloxi, MS · Charter 740

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.

Biloxi, MS · Charter 740

Q2 1999

$7.9MAssets

$5.5MLoans

$6.7MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.22%-75 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	3.97%	4.67%	4.57%	4.69%	3.22%	-75 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)	2.77%	1.05%	-0.53%	-6.38%	4.44%	+166 bps
Loan Growth (YoY)	7.06%	0.57%	-5.36%	-7.20%	-10.25%	-1,731 bps
Share Growth (YoY)	1.16%	-1.36%	-3.14%	-9.86%	2.05%	+90 bps
Asset Quality
Delinquent Loans / Loans	0.76%	0.73%	0.40%	0.41%	0.30%	-46 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.73%	0.97%	0.81%	0.75%	0.69%	-4 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	94.32%	98.25%	89.16%	98.53%	82.95%	-1,137 bps
Liquid Assets / Assets	13.53%	12.99%	20.19%	11.64%	24.26%	+1,073 bps