Scott Employees

Everett, WA · Charter 89164

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.

Everett, WA · Charter 89164

Q4 1996

$20.2MAssets

$9.0MLoans

$15.8MShares

n/aNet Worth

Return on Assets (YTD, annualized)

5.41%+84 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	4.09%	4.57%	4.90%	5.04%	5.04%	5.41%	+84 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	-2.76%	1.00%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	17.03%	33.56%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-6.82%	-5.01%	n/a
Asset Quality
Delinquent Loans / Loans	0.37%	2.06%	0.40%	0.80%	1.67%	1.32%	-74 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%	0.00%	0.00%	0.00%	0.36%	+36 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	38.86%	40.40%	43.12%	47.89%	48.81%	56.80%	+1,641 bps
Liquid Assets / Assets	18.05%	15.97%	11.07%	30.40%	31.34%	27.90%	+1,192 bps