Kitsap County Public Empl. Cr. Un.

Bremerton, WA · Charter 89124

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.

Bremerton, WA · Charter 89124

Q4 1996

$15.0MAssets

$12.2MLoans

$12.9MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.25%+7 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	4.95%	5.19%	4.84%	5.07%	5.30%	5.25%	+7 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	16.52%	9.10%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	13.50%	6.63%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	14.00%	5.93%	n/a
Asset Quality
Delinquent Loans / Loans	2.09%	1.28%	1.01%	1.98%	1.33%	1.05%	-23 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.00%	0.00%	0.53%	0.53%	0.37%	0.51%	+51 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	88.96%	93.84%	96.97%	100.32%	88.57%	94.46%	+62 bps
Liquid Assets / Assets	4.05%	3.67%	7.19%	5.48%	17.41%	13.15%	+947 bps