Figure 3: Mutual Bank’s Net Non-Core Funding Dependence Ratio Compared to Peer Group

Percent Net Non-Core Funding

Dec-2004 (Period Ended)
Mutual Bank: 27
Peer Group Average: 21

Dec-2005 (Period Ended)
Mutual Bank: 45
Peer Group Average: 22

Dec-2006 (Period Ended)
Mutual Bank: 43
Peer Group Average: 27

Dec-2007 (Period Ended)
Mutual Bank: 40
Peer Group Average: 29

Dec-2008 (Period Ended)
Mutual Bank: 49
Peer Group Average: 35

Mar-2009 (Period Ended)
Mutual Bank: 47
Peer Group Average: 33

Source: UBPR for Mutual Bank.