Westside

Seattle, WA · Charter 89246

Q4 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: Q4 1997, the quarter ended December 31, 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.

Seattle, WA · Charter 89246

Q4 1997

$6.6MAssets

$5.0MLoans

$5.8MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.80%+76 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	Q4 1997	YoY Δ	Trend
Earnings
Return on Assets	3.20%	3.46%	4.22%	3.05%	5.07%	5.25%	3.85%	3.80%	+76 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	41.17%	39.75%	41.90%	-0.36%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	47.14%	35.86%	35.17%	-8.28%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	43.21%	43.70%	47.20%	-1.10%	n/a
Asset Quality
Delinquent Loans / Loans	1.59%	0.22%	0.80%	1.59%	2.70%	0.75%	1.09%	2.26%	+67 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	0.00%	0.00%	0.00%	0.00%	1.45%	0.92%	0.69%	1.10%	+110 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	91.74%	98.79%	96.48%	92.39%	94.26%	93.40%	88.59%	85.68%	-671 bps
Liquid Assets / Assets	19.53%	13.91%	17.45%	13.36%	18.36%	18.10%	21.63%	23.91%	+1,055 bps