Valley Medical Center

Renton, WA · Charter 8750

Q2 1997

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 1997, the quarter ended June 30, 1997, 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.

Renton, WA · Charter 8750

Q2 1997

$9.2MAssets

$6.8MLoans

$7.7MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.56%-80 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	YoY Δ	Trend
Earnings
Return on Assets	5.36%	5.11%	4.60%	4.56%	4.56%	-80 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)	n/a	n/a	-0.70%	4.53%	5.27%	n/a
Loan Growth (YoY)	n/a	n/a	13.14%	4.57%	-9.87%	n/a
Share Growth (YoY)	n/a	n/a	-4.05%	1.67%	2.89%	n/a
Asset Quality
Delinquent Loans / Loans	0.45%	0.46%	1.42%	0.98%	0.31%	-13 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.56%	0.55%	0.53%	0.49%	0.45%	-11 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	101.02%	95.77%	90.79%	89.88%	88.49%	-1,253 bps
Liquid Assets / Assets	8.06%	12.16%	18.06%	11.08%	21.38%	+1,332 bps