Chelan County P U D Empl. Cr. Un.

Wenatchee, WA · Charter 89123

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.

Wenatchee, WA · Charter 89123

Q2 1997

$3.7MAssets

$2.1MLoans

$3.4MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.49%+55 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	3.94%	4.28%	4.62%	4.54%	4.49%	+55 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	-6.16%	-1.49%	5.46%	n/a
Loan Growth (YoY)	n/a	n/a	-0.28%	7.40%	4.56%	n/a
Share Growth (YoY)	n/a	n/a	-4.25%	-2.14%	5.04%	n/a
Asset Quality
Delinquent Loans / Loans	0.35%	0.36%	0.55%	0.45%	0.88%	+53 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.12%	1.38%	1.72%	1.74%	1.67%	+56 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	61.23%	58.97%	56.18%	60.25%	60.96%	-28 bps
Liquid Assets / Assets	0.00%	3.86%	2.56%	0.09%	0.00%	0 bps