Sheet Metal Workers

Spokane, WA · Charter 89214

Q2 1997

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: Q2 1997, the quarter ended June 30, 1997, 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.

Spokane, WA · Charter 89214

Q2 1997

$1.4MAssets

$864KLoans

$1.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.19%-227 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	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	2.49%	3.09%	4.46%	4.65%	4.30%	4.27%	2.19%	-227 bps
Return on Equity	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
Efficiency Ratio	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	2.25%	3.17%	6.03%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	16.94%	-0.49%	-30.46%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	0.88%	-2.20%	6.12%	n/a
Asset Quality
Delinquent Loans / Loans	1.31%	1.52%	0.83%	0.33%	0.08%	0.74%	7.99%	+716 bps
Net Charge-Offs / Loans	n/a	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%	0.00%	0.00%	0 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	70.14%	82.50%	105.52%	88.42%	81.30%	83.95%	69.14%	-3,637 bps
Liquid Assets / Assets	30.94%	20.46%	7.18%	13.77%	24.16%	24.37%	33.58%	+2,640 bps