Lower Valley

Sunnyside, WA · Charter 89122

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.

Sunnyside, WA · Charter 89122

Q2 1997

$16.5MAssets

$9.2MLoans

$15.1MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

5.97%+39 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	5.58%	5.37%	6.53%	5.76%	5.97%	+39 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	24.85%	43.16%	47.29%	n/a
Loan Growth (YoY)	n/a	n/a	21.79%	19.10%	21.08%	n/a
Share Growth (YoY)	n/a	n/a	22.12%	42.00%	46.92%	n/a
Asset Quality
Delinquent Loans / Loans	0.05%	0.44%	0.34%	0.00%	0.12%	+7 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.33%	0.32%	0.36%	0.32%	0.28%	-5 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	73.77%	72.30%	67.73%	59.94%	60.80%	-1,298 bps
Liquid Assets / Assets	25.56%	30.20%	29.08%	33.40%	22.44%	-312 bps