Taper Lock Employees

Mishawaka, IN · Charter 8874

Q4 1996

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: Q4 1996, the quarter ended December 31, 1996, 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.

Mishawaka, IN · Charter 8874

Q4 1996

$22.7MAssets

$15.3MLoans

$19.8MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.41%+94 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	YoY Δ	Trend
Earnings
Return on Assets	3.47%	3.74%	4.20%	4.07%	4.41%	+94 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	n/a	8.07%	1.72%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	29.28%	12.12%	n/a
Share Growth (YoY)	n/a	n/a	n/a	6.06%	0.16%	n/a
Asset Quality
Delinquent Loans / Loans	0.90%	0.99%	0.92%	1.11%	1.48%	+59 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.38%	0.36%	0.34%	0.39%	0.47%	+9 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	68.91%	73.87%	76.12%	73.93%	77.13%	+823 bps
Liquid Assets / Assets	15.24%	16.23%	10.48%	18.27%	14.97%	-27 bps