Strait View

Port Angeles, WA · Charter 89160

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.

Port Angeles, WA · Charter 89160

Q4 1996

$15.3MAssets

$10.1MLoans

$13.4MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.05%+26 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	4.61%	4.79%	5.09%	5.32%	5.11%	5.05%	+26 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	0.33%	5.47%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	22.61%	21.70%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-3.06%	2.28%	n/a
Asset Quality
Delinquent Loans / Loans	1.20%	1.08%	1.08%	1.27%	0.89%	1.37%	+29 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.42%	0.37%	0.38%	0.39%	0.39%	0.46%	+9 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	59.02%	63.43%	72.43%	78.75%	74.65%	75.47%	+1,204 bps
Liquid Assets / Assets	28.08%	27.75%	18.12%	16.02%	17.74%	22.78%	-497 bps