Kenworth Employees

Seattle, WA · Charter 89176

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 89176

Q4 1996

$6.8MAssets

$2.8MLoans

$6.0MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.24%-21 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	4.45%	5.21%	5.64%	4.34%	4.24%	-21 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	-13.82%	-16.72%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	-3.46%	-5.87%	n/a
Share Growth (YoY)	n/a	n/a	n/a	-16.11%	-20.57%	n/a
Asset Quality
Delinquent Loans / Loans	0.19%	0.06%	0.01%	0.10%	0.48%	+29 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.00%	0.32%	0.31%	1.10%	1.03%	+103 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	39.16%	42.82%	49.26%	46.17%	46.41%	+725 bps
Liquid Assets / Assets	58.64%	51.51%	39.27%	39.89%	42.30%	-1,634 bps