Tapco

Tacoma, WA · Charter 89112

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.

Tacoma, WA · Charter 89112

Q2 1997

$107.3MAssets

$68.6MLoans

$95.7MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.45%-1 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	Q1 1995	Q2 1995	Q4 1995	Q1 1996	Q2 1996	Q4 1996	Q1 1997	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	4.42%	4.51%	4.43%	4.46%	4.47%	4.71%	4.47%	4.45%	-1 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	-2.70%	2.05%	13.46%	17.60%	15.68%	12.79%	3.92%	-954 bps
Loan Growth (YoY)	n/a	16.82%	19.83%	16.78%	19.52%	23.71%	14.50%	11.07%	-571 bps
Share Growth (YoY)	n/a	-4.87%	0.07%	12.61%	17.09%	14.67%	11.96%	2.13%	-1,048 bps
Asset Quality
Delinquent Loans / Loans	0.22%	0.16%	0.26%	0.46%	0.38%	0.55%	0.72%	0.53%	+7 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	0.92%	0.90%	0.75%	0.74%	0.71%	0.66%	0.73%	0.80%	+5 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	65.16%	69.60%	69.70%	65.90%	66.52%	75.09%	71.28%	71.67%	+577 bps
Liquid Assets / Assets	16.13%	14.35%	21.39%	24.58%	24.60%	15.94%	20.62%	22.75%	-183 bps