Minutemen

Tacoma, WA · Charter 89219

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 89219

Q4 1996

$6.9MAssets

$5.5MLoans

$6.3MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

4.48%+20 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	4.28%	4.15%	4.48%	4.43%	4.48%	+20 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	-4.14%	-3.30%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	29.39%	29.87%	n/a
Share Growth (YoY)	n/a	n/a	n/a	-4.28%	-3.85%	n/a
Asset Quality
Delinquent Loans / Loans	0.88%	0.97%	1.36%	0.81%	0.21%	-67 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.00%	0.00%	0.00%	0.91%	0.71%	+71 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	65.58%	74.55%	83.25%	82.75%	88.57%	+2,300 bps
Liquid Assets / Assets	24.77%	17.19%	14.95%	11.56%	9.77%	-1,500 bps