Transportation Dist. #1

Seattle, WA · Charter 89148

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.

Seattle, WA · Charter 89148

Q4 1996

$16.4MAssets

$11.0MLoans

$14.6MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.82%-9 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	3.91%	3.86%	3.86%	3.95%	3.82%	-9 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	3.23%	5.86%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	7.07%	13.18%	n/a
Share Growth (YoY)	n/a	n/a	n/a	1.68%	4.97%	n/a
Asset Quality
Delinquent Loans / Loans	0.12%	0.16%	0.14%	0.12%	0.03%	-9 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.37%	0.35%	0.37%	0.44%	0.40%	+3 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	69.96%	74.94%	75.87%	73.10%	75.43%	+547 bps
Liquid Assets / Assets	16.40%	15.91%	14.86%	12.77%	16.10%	-30 bps