U.R.M.

Spokane, WA · Charter 89103

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.

Spokane, WA · Charter 89103

Q4 1996

$13.7MAssets

$10.0MLoans

$11.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.71%-126 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	YoY Δ	Trend
Earnings
Return on Assets	6.74%	6.98%	6.66%	6.09%	5.71%	5.71%	-126 bps
Return on Equity	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
Efficiency Ratio	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	n/a	14.94%	21.14%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-0.78%	-1.86%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	8.91%	16.49%	n/a
Asset Quality
Delinquent Loans / Loans	0.05%	0.18%	0.03%	0.26%	0.15%	0.34%	+16 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.23%	0.38%	0.41%	0.59%	0.84%	1.01%	+63 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	96.12%	102.77%	105.12%	90.36%	87.57%	86.58%	-1,619 bps
Liquid Assets / Assets	5.81%	1.72%	1.35%	13.09%	19.16%	15.67%	+1,395 bps