B N West Credit Union

Tacoma, WA · Charter 89206

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 89206

Q4 1996

$50.7MAssets

$33.8MLoans

$47.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.09%-3 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	Q3 1994	Q4 1994	Q1 1995	Q2 1995	Q4 1995	Q2 1996	Q4 1996	YoY Δ	Trend
Earnings
Return on Assets	3.43%	3.50%	3.45%	4.11%	4.20%	4.07%	4.10%	4.09%	-3 bps
Return on Equity	n/a	n/a	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	n/a	n/a
Efficiency Ratio	n/a	n/a	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	-3.43%	-3.93%	-4.68%	-5.24%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	16.59%	12.65%	11.08%	7.08%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-4.72%	-2.64%	2.31%	1.80%	n/a
Asset Quality
Delinquent Loans / Loans	0.13%	0.26%	1.04%	1.03%	0.58%	0.80%	0.66%	1.61%	+59 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.29%	0.34%	0.36%	0.38%	0.40%	0.35%	0.35%	0.46%	+8 bps
Capital
Risk-Based Capital	n/a	n/a	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	n/a	n/a
Liquidity & Funding
Loans / Shares	57.70%	61.84%	66.20%	68.09%	70.60%	71.55%	71.88%	71.62%	+353 bps
Liquid Assets / Assets	6.67%	4.50%	5.52%	12.03%	9.06%	6.04%	7.15%	7.60%	-443 bps