Local 181 I A T S E

Elkridge, MD · Charter 7928

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.

Elkridge, MD · Charter 7928

Q2 1998

$69KAssets

$64KLoans

$44KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

2.99%+17 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 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	2.82%	1.00%	6.19%	6.32%	2.99%	+17 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)	13.24%	-8.28%	-7.34%	-14.13%	-28.29%	-4,153 bps
Loan Growth (YoY)	4.54%	-11.34%	-17.40%	-20.37%	-28.39%	-3,293 bps
Share Growth (YoY)	12.27%	1.55%	-7.34%	-9.44%	-28.49%	-4,075 bps
Asset Quality
Delinquent Loans / Loans	58.43%	58.63%	32.49%	63.41%	59.70%	+127 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	8.82%	13.99%	1.96%	0.00%	7.14%	-168 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	143.54%	155.39%	130.02%	136.14%	143.75%	+20 bps
Liquid Assets / Assets	0.00%	0.00%	0.60%	0.64%	1.65%	+165 bps