Santa Fe Federal Employees

Santa Fe, NM · Charter 789

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.

Santa Fe, NM · Charter 789

Q2 1998

$26.7MAssets

$16.5MLoans

$23.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.44%-3 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	3.69%	3.81%	3.90%	3.47%	3.54%	3.51%	3.52%	3.44%	-3 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	-0.08%	5.34%	4.95%	3.23%	5.91%	+600 bps
Loan Growth (YoY)	n/a	n/a	n/a	13.36%	7.51%	12.96%	15.20%	25.11%	+1,175 bps
Share Growth (YoY)	n/a	n/a	n/a	-1.76%	4.37%	3.04%	1.61%	4.74%	+649 bps
Asset Quality
Delinquent Loans / Loans	0.77%	0.47%	1.33%	0.85%	2.13%	2.35%	2.49%	1.74%	+89 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	0.97%	0.78%	0.87%	0.62%	0.56%	0.72%	0.83%	0.78%	+16 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	60.02%	60.46%	61.76%	59.61%	61.82%	66.28%	70.03%	71.20%	+1,159 bps
Liquid Assets / Assets	32.08%	31.84%	37.21%	33.83%	32.23%	27.35%	25.81%	22.72%	-1,111 bps