United Sound Community

Poulsbo, WA · Charter 89242

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.

Poulsbo, WA · Charter 89242

Q4 1996

$6.9MAssets

$5.8MLoans

$6.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.65%-23 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	3.86%	3.88%	3.51%	3.38%	3.44%	3.65%	-23 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	-9.04%	-3.10%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	12.56%	14.52%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-11.12%	-5.05%	n/a
Asset Quality
Delinquent Loans / Loans	0.83%	0.52%	0.22%	0.54%	0.46%	0.88%	+36 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.62%	0.62%	0.84%	0.99%	1.18%	1.14%	+52 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	74.70%	76.66%	75.84%	92.07%	94.60%	92.47%	+1,581 bps
Liquid Assets / Assets	25.36%	23.44%	26.05%	10.19%	7.95%	10.20%	-1,324 bps