Apple Valley Credit Un.

Wenatchee, WA · Charter 89127

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.

Wenatchee, WA · Charter 89127

Q4 1996

$7.6MAssets

$6.2MLoans

$7.1MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

5.09%+63 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	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	YoY Δ	Trend
Earnings
Return on Assets	4.46%	4.59%	4.65%	5.13%	5.09%	+63 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	n/a	18.48%	17.22%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	18.91%	18.82%	n/a
Share Growth (YoY)	n/a	n/a	n/a	18.55%	19.12%	n/a
Asset Quality
Delinquent Loans / Loans	1.08%	0.77%	1.69%	1.64%	1.20%	+12 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.64%	0.52%	0.50%	0.25%	1.13%	+49 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	86.61%	92.93%	87.87%	84.59%	86.39%	-22 bps
Liquid Assets / Assets	4.13%	2.07%	3.19%	3.65%	4.56%	+42 bps