Pacific Rails

Salt Lake City, UT · Charter 786

Q2 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: Q2 1998, the quarter ended June 30, 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.

Salt Lake City, UT · Charter 786

Q2 1998

$9.9MAssets

$8.4MLoans

$9.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.79%-82 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	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	3.80%	4.03%	4.17%	4.60%	4.64%	4.68%	5.11%	3.79%	-82 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	n/a	19.70%	22.04%	15.35%	13.79%	10.67%	-902 bps
Loan Growth (YoY)	n/a	n/a	n/a	29.38%	28.48%	11.65%	13.12%	10.12%	-1,926 bps
Share Growth (YoY)	n/a	n/a	n/a	19.14%	21.85%	20.21%	12.68%	10.16%	-898 bps
Asset Quality
Delinquent Loans / Loans	1.32%	1.79%	3.08%	0.68%	1.70%	1.91%	4.43%	1.92%	+124 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	2.03%	1.69%	1.78%	1.61%	1.38%	1.32%	1.16%	1.01%	-60 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	95.46%	109.28%	107.42%	93.20%	100.65%	101.50%	107.85%	93.16%	-3 bps
Liquid Assets / Assets	10.43%	4.66%	0.69%	1.79%	3.64%	3.02%	0.38%	10.38%	+859 bps