Westop

Tacoma, WA · Charter 89174

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.

Tacoma, WA · Charter 89174

Q4 1996

$37.6MAssets

$29.2MLoans

$35.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.19%-62 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	4.22%	3.82%	4.18%	4.27%	3.39%	3.19%	-62 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	-1.42%	-4.75%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	19.45%	6.24%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-1.13%	2.38%	n/a
Asset Quality
Delinquent Loans / Loans	0.73%	0.66%	0.67%	1.38%	1.77%	1.89%	+123 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%	1.27%	1.30%	1.38%	+138 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	67.62%	80.33%	87.40%	87.00%	81.70%	83.36%	+303 bps
Liquid Assets / Assets	12.93%	8.61%	16.64%	6.15%	11.29%	9.59%	+98 bps