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<TITLE>March 1994 10Q</TITLE>
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<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION                   </P>
<P ALIGN="CENTER">Washington, D. C.  20549</P>
<P>                                   FORM 10-Q</P>
<P>(Mark One)</P>

<P>[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF  1934</P>
<P>For the quarterly period ended <U>March 31, 2000                 </U>     </P>
<P>                                     OR</P>
<P>[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES </P>
<P>    EXCHANGE ACT OF  1934</P>
<P>For the transition period from <U>                  </U>to<U>                      </P>
</U>
<P>Commission file number <U>  0-6835                                           </P>
</U>
<P>          <U>                IRWIN FINANCIAL CORPORATION              </P>
</U><P>          (Exact name of registrant as specified in its charter)</P>

<U><P>INDIANA                         </U>                       <U>35-1286807                  </U>     </P>
<P>(State or other jurisdiction of                    (IRS Employer</P>
<P>incorporation or organization)                     Identification No.)</P>
<P ALIGN="CENTER"></P>
<U><P ALIGN="CENTER">500 Washington Street, Columbus, IN  47201                 </P>
</U><P ALIGN="CENTER">(Address of principal executive offices)</P>
<P ALIGN="CENTER">(Zip Code)</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">812/376-1020</P>
<P ALIGN="CENTER">__________________________________________</P>
<P ALIGN="CENTER"> </P>
<P ALIGN="CENTER">Registrant's telephone number, including area code)</P>
<P ALIGN="CENTER">(Former name, former address and former fiscal year</P>
<P ALIGN="CENTER">if changed since last report)</P>
<P ALIGN="CENTER"></P>
<P>Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing requirements for the past 90 days.</P>

<P>Yes <U> X   </U>   No <U>     </P>
</U>
<P ALIGN="CENTER">APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY</P>
<P ALIGN="CENTER">PROCEEDINGS DURING THE PRECEDING FIVE YEARS</P>

<P>Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13, or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.</P>


<P>Yes <U>     </U>  No <U>     </P>
</U><P>                                                                         </P>
<P>As of April 30, 2000 there were outstanding 20,944,655 common shares, no par value, of the Registrant.</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Part I</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Item 1</P>
<P ALIGN="CENTER"></P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>IRWIN FINANCIAL CORPORATION AND SUBSIDIARIES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>CONSOLIDATED BALANCE SHEET (Unaudited)</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands, except for shares)</I></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Assets:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash and due from banks</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$53,831 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$47,215 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Federal funds sold</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,000 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Cash and cash equivalents</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">58,831 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">47,215 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=15>
<FONT FACE="Courier,Courier New" SIZE=2><P>Interest-bearing deposits with financial institutions</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=15><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=15>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">28,840 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=15>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">26,785 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Trading assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">71,674 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">59,025 </FONT></TD>
</TR>
<TR><TD WIDTH="68%" VALIGN="TOP" COLSPAN=8 HEIGHT=20>
<FONT FACE="Courier,Courier New" SIZE=2><P>Investment securities  (Market value: $36,602 in 2000 and $37,464 in 1999) - Note 2</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=20>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">36,911 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=20><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=20>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">37,508 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Loans held for sale - Note 3</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">541,402 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">508,997 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=25>
<FONT FACE="Courier,Courier New" SIZE=2><P>Loans and leases, net of unearned income - Note 4</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=25><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=25><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=25><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=25><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=25>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">824,769 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=25><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=25>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">733,424 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=23>
<FONT FACE="Courier,Courier New" SIZE=2><P>Less: Allowance for loan and lease losses - Note 5</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=23><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=23><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=23><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=23><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=23>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(9,414)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=23><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=23>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(8,555)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">815,355 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">724,869 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Servicing assets  - Note 6</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">142,801 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">138,500 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Accounts receivable</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">52,877 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">49,415 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Accrued interest receivable</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,715 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,430 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Premises and equipment </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">25,068 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">23,368 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">58,733 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">56,735 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,840,207 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,680,847 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Liabilities and Shareholders' Equity:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Deposits</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Noninterest-bearing</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$249,846 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$218,402 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Interest-bearing</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">473,154 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">411,400 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Certificates of deposit over $100,000</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">283,703 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">240,516 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,006,703 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">870,318 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Short-term borrowings- Note 7</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">496,514 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">473,103 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Long-term debt- Note 8</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">29,573 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">29,784 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other liabilities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">94,072 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">100,275 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Total liabilities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,626,862 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,473,480 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Company-obligated mandatorily redeemable</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>  preferred securities of subsidiary trust- Note 9</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">48,089 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">48,071 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Shareholders' equity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Preferred stock, no par value - authorized</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   4,000,000 shares; issued 96,336 shares as  </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   of March 31, 2000 and none as of December 31, 2000</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,387 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="63%" VALIGN="TOP" COLSPAN=2 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Common stock; no par value - authorized 40,000,000</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   shares; issued 23,402,080 shares as of March 31, </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   2000 and December 31, 1999; including 2,466,387 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   and 2,297,303 shares in treasury as of March </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   31, 2000 and December 31, 1999 respectively</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">29,965 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">29,965 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Additional paid-in capital </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,387 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,250 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Unrealized losses on investment securities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(112)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(70)</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Retained earnings</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">178,324 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">171,101 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">213,951 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">205,246 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Less treasury stock, at cost</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(48,695)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(45,950)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Total shareholders' equity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">165,256 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">159,296 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,840,207 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,680,847 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="97%" VALIGN="TOP" COLSPAN=19 HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>The accompanying notes are an integral part of the consolidated financial statements.</I></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>IRWIN FINANCIAL CORPORATION AND SUBSIDIARIES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>CONSOLIDATED STATEMENT OF INCOME (Unaudited)</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="32%" VALIGN="TOP" COLSPAN=12 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER"> Three Months Ended</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="19%" VALIGN="TOP" COLSPAN=10 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">         March 31,</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands, except for per share)</I></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Interest income:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Loans and leases</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$20,116 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$11,666 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Investment securities:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Taxable</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">929 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">996 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Tax-exempt</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">63 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">72 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Loans held for sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">12,132 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">17,967 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Trading Account</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,484 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,286 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Federal funds sold</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">46 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(309)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Total interest income</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">35,770 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">31,678 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Interest expense:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Deposits</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,460 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,665 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Short-term borrowings</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,448 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,992 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Long-term debt</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">583 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">100 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Total interest expense</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15,491 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">13,757 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Net interest income</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">20,279 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">17,921 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Provision for loan and lease losses - Note 5</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,136 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,201 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Net interest income after provision for</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    loan and lease losses</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">19,143 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">16,720 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Other income:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Loan origination fees</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,514 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">13,415 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Gain from sales of loans</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">18,602 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">31,633 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Loan servicing fees</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15,121 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15,431 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Amortization and impairment of servicing assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,101 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,329 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Net loan administration income</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">9,020 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">14,102 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Gain on sale of mortgage servicing</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">252 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,352 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Trading gains (losses)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,389 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(9,793)</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Brokerage fees and commissions</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">535 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">352 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Trust fees</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">482 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">577 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Service charges on deposit accounts</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">440 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">402 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Insurance commissions, fees and premiums</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,192 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">488 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Other</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,712 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,125 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">50,138 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">54,653 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Other expense:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Salaries</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">25,955 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">28,600 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Pension and other employee benefits</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,668 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,478 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Office expense</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,269 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,371 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Premises and equipment</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,057 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,667 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Marketing and development</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,778 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,780 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Other</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,209 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">9,219 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">53,936 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">55,115 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Income before income taxes</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15,345 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">16,258 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Provision for income taxes</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,689 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,112 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">9,656 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">10,146 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Distribution on company-obligated mandatorily </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>  redeemable preferred securities of subsidiary trust</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net income available to common shareholders</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Earnings per share of common stock available to shareholders:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> Basic - Note 10</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.40 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.41 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier,Courier New" SIZE=2><P> Diluted - Note 10</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.40 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.41 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier,Courier New" SIZE=2><P> Dividends per share of common stock</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.06 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.05 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=8 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="97%" VALIGN="TOP" COLSPAN=19 HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>The accompanying notes are an integral part of the consolidated financial statements.</I></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="97%" VALIGN="TOP" COLSPAN=19 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<I><FONT FACE="Courier,Courier New" SIZE=2></I></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=903>
<TR><TD WIDTH="54%" VALIGN="TOP" COLSPAN=6 HEIGHT=16>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>IRWIN FINANCIAL CORPORATION AND SUBSIDIARIES</B></FONT></TD>
<TD WIDTH="1%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=7 HEIGHT=16><P></P></TD>
<TD WIDTH="37%" VALIGN="TOP" COLSPAN=8 HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="55%" VALIGN="TOP" COLSPAN=7 HEIGHT=16>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>CONSOLIDATED STATEMENT OF CHANGES IN SHAREHOLDERS' EQUITY</B></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=7 HEIGHT=16><P></P></TD>
<TD WIDTH="37%" VALIGN="TOP" COLSPAN=8 HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="47%" VALIGN="TOP" COLSPAN=5 HEIGHT=16>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>FOR THE THREE MONTHS ENDED MARCH 31, 2000 AND 1999</B></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=7 HEIGHT=16><P></P></TD>
<TD WIDTH="36%" VALIGN="TOP" COLSPAN=6 HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>(Unaudited)</B></FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Unrealized</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Gains/Losses</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Additional</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Retained</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">on Investment</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Common</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Paid in</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Treasury</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Preferred</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Total</U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Earnings</U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Securities</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Stock</U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Capital</U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Stock</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Stock</U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance at January 1, 2000</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$159,296 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$171,101 </FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($70)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$29,965 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$4,250 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($45,950)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Comprehensive Income:  Note 1</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net Income</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,482 </FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Other Comprehensive Income</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(42)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Total</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,440 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash dividends</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,259)</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,259)</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Purchase of treasury stock</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(3,052)</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(3,052)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Sales of treasury stock</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">444 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">137 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">307 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Preferred stock issued</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,387 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,387 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance March 31, 2000</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$165,256 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$178,324 </U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($112)</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$29,965 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$4,387 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($48,695)</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,387 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=17><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance at January 1, 1999</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$145,233 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$142,232 </FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$85 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$29,965 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$2,595 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($29,644)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Comprehensive Income:  Note 1</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net Income</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,972 </FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Other Comprehensive Income</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(41)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Total</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,931 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash dividends</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,085)</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,085)</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Sales of treasury stock</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">487 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">286 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">201 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance March 31, 1999</FONT></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$153,566 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$150,119 </U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$44 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$29,965 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$2,881 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($29,443)</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=17><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
<TR><TD WIDTH="80%" VALIGN="TOP" COLSPAN=19 HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>The accompanying notes are an integral part of the consolidated financial statements.</I></FONT></TD>
<TD WIDTH="20%" VALIGN="TOP" COLSPAN=3 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="5%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=4 HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" COLSPAN=9 HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" COLSPAN=2 HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
</TABLE>

<I><FONT FACE="Courier,Courier New" SIZE=2></I></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=769>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>IRWIN FINANCIAL CORPORATION AND SUBSIDIARIES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited)</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>For the three months ended March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Net income</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Adjustments to reconcile net income to cash provided (used)  by operating activities:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Depreciation and amortization</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,098 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,439 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Amortization and impairment of servicing assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,101 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,329 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Provision for loan and lease losses</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,136 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,201 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Amortization of premiums, less accretion of discounts</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(29)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,087 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>(Increase) decrease in loans held for sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(32,405)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">320,486 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Gain on sale of mortgage servicing</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(252)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,352)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net increase in trading assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(12,649)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(10,624)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other, net</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(11,714)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(7,120)</U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Net cash provided (used) by operating activities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(39,232)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">314,418 </U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Lending and investing activities:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Proceeds from maturities/calls of investment securities:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Held-to-Maturity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">543 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Available-for-Sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Purchase of investment securities:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Held-to-Maturity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Available-for-Sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net (increase) decrease in interest-bearing </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   deposits with financial institutions</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,055)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">123 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net increase in loans, excluding sales</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(98,875)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(193,325)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Sale of loans</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,253 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">178,567 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Additions to mortgage servicing assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(11,641)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(37,895)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Proceeds from sale of mortgage servicing assets</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,491 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">25,853 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other, net</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,987)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,221)</U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Net cash used by lending and investing activities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(106,257)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(27,898)</U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Financing activities:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net increase (decrease) in deposits</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">136,385 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(59,895)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net increase (decrease) in short-term borrowings</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">23,411 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(245,486)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Repayments of long-term debt</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(211)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(120)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Issuance of preferred stock</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,387 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Purchase of treasury stock</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(3,052)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Proceeds from sale of stock for employee benefit plans</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">444 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">487 </FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Dividends paid</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,259)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,085)</U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>   Net cash provided  (used) by financing activities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">157,105 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(306,099)</U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net increase (decrease) in cash and cash equivalents</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">11,616 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(19,579)</FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash and cash equivalents at beginning of year</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">47,215 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">77,522 </U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash and cash equivalents at end of year</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$58,831 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$57,943 </U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>Supplemental disclosures of cash flow information:</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Cash paid during the period:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>     Interest</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$15,777 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$13,704 </U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier,Courier New" SIZE=2><P>     Income taxes</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$15 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=11>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$641 </U></FONT></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="94%" VALIGN="TOP" COLSPAN=15 HEIGHT=10>
<I><FONT FACE="Courier,Courier New" SIZE=2><P>The accompanying notes are an integral part of the consolidated financial statements.</I></FONT></TD>
<TD WIDTH="6%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="84%" VALIGN="TOP" COLSPAN=13 HEIGHT=10><P></P></TD>
<TD WIDTH="1%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" COLSPAN=2 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTES TO THE FINANCIAL STATEMENTS  (Unaudited)</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="58%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=6 HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=4 HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 1 - SIGNIFICANT ACCOUNTING POLICIES</P>
</B>
<I><P>Basis of Presentation:  </I>The unaudited financial statements included herein have been prepared by the Corporation pursuant to the rules and regulations of the Securities and Exchange Commission but do not include all information and footnotes
required by generally accepted accounting principles.  In the opinion of management, the financial statements reflect all material adjustments necessary for a fair presentation.  The accompanying financial statements should be read in conjunction with the
fina
<I>
<P>Reclassifications</I>:  Certain amounts in the 1999 consolidated financial statements have been reclassified to conform to the 2000 presentation.</P>
<I>
<P>Derivatives: </I>On June 15, 1998, the Financial Accounting Standards Board (FASB) issued<I> </I>Statement of Financial Accounting Standards No. 133, "Accounting for Derivative Instruments and Hedging Activities" (FAS 133).  FAS 133 requires that all
derivative instruments be recorded on the balance sheet at their fair value.  Changes in the market value of derivatives would be recorded each period in current earnings or other comprehensive income, depending on whether a derivative is designated as
part

<P>Derivative instruments on the Corporation's balance sheet are currently classified as trading assets and carried at market value.  Changes in market value are recorded as trading gains or losses on the income statement.</P>

<I><P>Trading Assets</I>:  Trading assets are stated at fair value.  Unrealized gains and losses are included in earnings.  Included in trading assets are interest-only strips.  Market values for interest-only strips are determined using assumptions about
the duration and performance of the securitized loans and are calculated on the basis of the expected timing of cash receipts by the company.  Included in these assumptions are estimates of the lives of the loans, expected losses, and appropriate discount
<B><P>NOTE 2 - INVESTMENT SECURITIES</P>
</B>
<P>The carrying amounts of investment securities, including a net unrealized losses of $187 thousand and $116 thousand on available-for-sale securities at March 31, 2000 and December 31, 1999, respectively, are summarized as follows:</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><U><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Held-to-Maturity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    US Treasury and Government obligations</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$20,999 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$21,238 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Obligations of states and political subdivisions</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,606 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,706 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Mortgage-backed securities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,780 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,981 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Total Held-to-Maturity</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">28,385 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">28,925 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Available-for-Sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    US Treasury and Government obligations</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,889 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,934 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Mortgage-backed securities</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,025 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,070 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier,Courier New" SIZE=2><P>    Other</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">612 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">579 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier,Courier New" SIZE=2><P>Total Available for Sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,526 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">8,583 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier,Courier New" SIZE=2><P>Total Investments</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$36,911 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$37,508 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>Securities which the Corporation has the positive intent and ability to hold until maturity are classified as "held-to-maturity" and are stated at cost adjusted for amortization of premium and accretion of
discount.  Securities that might be sold prior to maturity are classified as "available-for-sale" and are stated at fair value.  Unrealized gains and losses on available-for-sale securities, net of the future tax impact, are reported as a separate
component of sh
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 3 - LOANS HELD FOR SALE</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>Loans held for sale are stated at the lower of cost or market as of the balance sheet date. </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 4 - LOANS AND LEASES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Loans and leases are summarized as follows:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><U><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Commercial, financial and agricultural</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$518,213 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$443,985 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Real estate-construction</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">121,962 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">121,803 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Real estate-mortgage</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">117,806 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">115,265 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Consumer</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">49,439 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">48,936 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Direct financing leases</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">21,341 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,890 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Unearned income</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(3,992)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(455)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$824,769 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$733,424 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 5 - ALLOWANCE FOR LOAN AND LEASE LOSSES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>Changes in the allowance for loan and lease losses are summarized as follows:</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><U><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance at beginning of year</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,555 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$9,888 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P> </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Provision for loan and lease losses </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,136 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,443 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Reduction due to sale of loans</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(3,126)</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Reduction due to reclassification of loans to held for sale</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(922)</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Recoveries</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">77 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">503 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Charge-offs </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(354)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,231)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Balance at end of period</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$9,414 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,555 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 6- SERVICING ASSETS</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>Included on the consolidated balance sheet at March 31, 2000 and December 31, 1999 are $142.8 million and $138.5 million, respectively, of servicing assets.  These amounts relate to the principal balances of
loans serviced by the Corporation for investors.  Although they are not generally held for sale, there is an active secondary market for servicing assets.  The Corporation has periodically sold servicing assets.</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Mortgage Servicing Asset:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Beginning Balance</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$138,500 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$117,129 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Additions</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">11,641 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">84,653 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Amortization and impairment</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(6,101)</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(15,702)</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Reduction for servicing sales</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,239)</U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(47,580)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$142,801 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$138,500 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 7- SHORT-TERM BORROWINGS</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Short-term borrowings are summarized as follows:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">March 31,</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">December 31,</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<I><U><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">2000 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">1999 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Federal funds</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$147,000 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$173,000 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Lines of Credit</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">256,611 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">231,413 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Repurchase agreements and drafts payable related to </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>     mortgage loan closings</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">69,863 </FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">46,796 </FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<FONT FACE="Courier,Courier New" SIZE=2><P>Commercial paper</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">23,040 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">21,894 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=15>
<FONT FACE="Courier,Courier New" SIZE=2><P>Total</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=15>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$496,514 </U></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=15><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=15>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$473,103 </U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>Repurchase agreements December 31, 1999, were $0.7 million in mortgage loans sold under agreements to repurchase which are used to fund mortgage loans sold prior to sale in the secondary market.  These repurchase
agreements are collateralized by mortgage loans held for sale.</P>

<P>Drafts payable related to mortgage loan closings totaled $69.9 million and $46.1 million at March 31, 2000 and December 31, 1999, respectively.  These borrowings are related to mortgage closings at the end of the period which have not been presented to
banks for payment.  When presented for payment these borrowings will be funded internally or by borrowing from the lines of credit.</P>

<P>The Corporation has lines of credit available to fund mortgage loans held for sale.  Interest on the lines of credit is payable monthly at variable rates ranging from 6.92% to the lender's prime rate at March 31, 2000.</P>

<B><P>NOTE 8 -- LONG-TERM DEBT</P>
</B>
<P>Long-term debt at March 31, 2000 consists of a note payable of $29.6 million with an interest rate of 7.58% that will mature on July 7, 2014.  Long-term debt at December 31, 1999 consisted of two notes payable.  The first note, scheduled to mature in
2000 allowed the Corporation to borrow up to $10 million with a variable interest rate tied to LIBOR (average of 7.7% in 1999).  The second note was for $29.6 million with an interest rate of 7.58% that will mature on July 7, 2014.</P>

<B><P>NOTE 9 -- COMPANY-OBLIGATED MANDATORILY REDEEMABLE PREFERRED SECURITIES OF SUBSIDIARY TRUST</P>
</B>
<P>In January 1997, the Corporation issued $50 million of trust preferred securities through IFC Capital Trust I, a trust created and controlled by the Corporation.  The securities were issued at $25 per share with a cumulative dividend rate of 9.25%
payable quarterly.  They have an initial maturity of 30 years with a 19-year extension option.  The securities are callable at par after five years, or immediately, in the event of an adverse tax development affecting the Corporation's classification of
the sec

<P>The sole assets of IFC Capital Trust I are subordinated debentures of the Corporation with a principal balance of $51.1 million, an interest rate of 9.25% and an initial maturity of 30 years with a 19-year extension option.</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2>
<P> </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=848>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 10 -- EARNINGS PER SHARE</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Earnings per share calculations are summarized as follows:</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Effects of Stock</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Basic Earnings</FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Options and</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Diluted Earnings</FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Per Share</U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Preferred shares</U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Per Share</U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Three months ended March 31, 2000</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net income available to common shareholders</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Shares</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">21,058 </U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">219 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">21,277 </U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>Per-Share Amount available to common shareholders</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.40 </U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.00 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.40 </U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Basic Earnings</FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Effects of </FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Diluted Earnings</FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<B><U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Per Share</B></U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<B><U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Stock Options</B></U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<B><U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Per Share</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Three months ended March 31, 1999</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net income available to common shareholders</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Shares</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">21,683 </U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">447 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">22,130 </U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>Per-Share Amount available to common shareholders</FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.41 </U></FONT></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.00 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0.41 </U></FONT></TD>
</TR>
<TR><TD WIDTH="48%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="17%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 11 -- CONTINGENCIES</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>In the normal course of business, Irwin Financial Corporation and its subsidiaries are subject to various claims and other pending and possible legal actions.</P>

<P>As of  March 31, 2000, Irwin Mortgage Corporation (IMC) was a defendant in class action lawsuits relating to IMC's administration of mortgage escrow accounts and IMC's right to pay broker fees to mortgage brokers.  In the lawsuit involving escrow
accounts, a settlement has been proposed, which if affirmed by the court, would allow class members a discount of one hundred eighty dollars towards refinancing or obtaining a first mortgage loan from Irwin.  In the lawsuit involving broker fees, it is
not prese
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10>
<B><FONT FACE="Courier,Courier New" SIZE=2><P>NOTE 12 -- Industry Segment Information</B></FONT></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=12><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=12><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>The Corporation has five principal segments that provide a broad range of financial services throughout the United States.  The Mortgage Banking line of business originates, sells and services residential first
mortgage loans. The Home Equity Lending line of business originates and services home equity loans.  The Commercial Banking line of business provides commercial banking services.  The Equipment Leasing line of business leases commercial equipment.  The Vent
u
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=752>
<TR><TD WIDTH="59%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="3%" VALIGN="TOP" HEIGHT=10><P></P></TD>
<TD WIDTH="15%" VALIGN="TOP" HEIGHT=10><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier,Courier New" SIZE=2><P>The accounting policies of each segment are the same as those described in the "Summary of Significant Accounting Policies".  Below is a summary of each segment's revenues, net income, and assets for 2000 and 1999:
</P>

</FONT><FONT FACE="Courier New" SIZE=2><P> </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=1036>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Mortgage</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Home Equity</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Commercial</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Equipment</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Venture</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<I><U><FONT FACE="Courier,Courier New" SIZE=2><P>(In thousands)</I></U></FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Banking</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Lending</U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Banking</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Leasing</U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Capital</U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Other</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="CENTER">Consolidated</U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>For the three months ended March 31, 2000</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net interest income, net of provision</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,452 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$4,797 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,050 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($115)</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($270)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($1,771)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$19,143 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment interest</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,221)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">343 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">506 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(7)</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1)</FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,380 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other revenue</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">23,317 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">13,966 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,788 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,435 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,630 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">50,138 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment revenues</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,932 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">144 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">100 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(4,176)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Total net revenues </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">33,480 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">19,106 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">11,488 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(120)</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,264 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,937)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">69,281 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other expense</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">28,857 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">14,588 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,781 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">793 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">89 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,828 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">53,936 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment expenses</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">538 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">152 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,594 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(5,286)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income before taxes</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,085 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,366 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,113 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(915)</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,175 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(2,479)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">15,345 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Income taxes      </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,602 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,746 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,207 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,878 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,744)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,689 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,483 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,620 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,906 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(915)</FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,297 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(735)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">9,656 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Distribution on Preferred Securities</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income available to shareholders</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$2,483 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$2,620 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,906 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($915)</U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$4,297 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($1,909)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=18>
<FONT FACE="Courier,Courier New" SIZE=2><P>Assets at March 31, 2000</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$518,182 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$435,720 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$873,713 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$16,854 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$15,681 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($19,943)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,840,207 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>For the three months ended March 31, 1999</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Net interest income, net of provision</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$7,211 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($779)</FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$5,239 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$5,049 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$16,720 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment interest</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,972)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,385 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,385 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(5,148)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other revenue</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">44,023 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,525 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,100 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,005 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">54,653 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment revenues</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">564 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">42 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(606)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Total net revenues </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">49,262 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">11,045 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">9,766 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,300 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">71,373 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Other expense</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">38,597 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">7,872 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,252 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,394 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">55,115 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Intersegment expenses</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">634 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">137 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">829 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(1,600)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income before taxes</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">10,031 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,036 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">2,685 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">506 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">16,258 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Income taxes</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">4,083 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,020 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,009 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">6,112 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income </FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">5,948 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">3,036 </FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,665 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">(503)</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">10,146 </FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=16>
<FONT FACE="Courier,Courier New" SIZE=2><P>Distribution on Preferred Securities</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">1,174 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=17>
<FONT FACE="Courier,Courier New" SIZE=2><P>  Net income available to shareholders</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$5,948 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$3,036 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$1,665 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($1,677)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=18>
<FONT FACE="Courier,Courier New" SIZE=2><P>Assets at March 31, 1999</FONT></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=18><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$752,755 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$250,602 </U></FONT></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$633,479 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </U></FONT></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$0 </U></FONT></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">($6,371)</U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier,Courier New" SIZE=2><P ALIGN="RIGHT">$627,108 </U></FONT></TD>
</TR>
<TR><TD WIDTH="38%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="2%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="9%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="7%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="8%" VALIGN="TOP" HEIGHT=17><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=17><P></P></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P ALIGN="CENTER"> </P>
<P ALIGN="CENTER"> </P>
<B><P ALIGN="CENTER">Part I</P>
</B><P ALIGN="CENTER"></P>
<B><P ALIGN="CENTER">Item 2</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">MANAGEMENT'S DISCUSSION AND ANALYSIS</P>
<P ALIGN="CENTER">OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
</B><P>      Management's discussion and analysis should be read in
conjunction with the accompanying consolidated financial statements and
footnotes.  This discussion contains forward-looking statements that are
based on management's expectations, estimates, projections and assumptions.
Words such as "expected", "assumptions", "estimate" and similar expressions
are intended to identify forward-looking statements, which include, but are
not limited to, projections of business strategies and future activities.
These statements are not guarantees of future performance and involve
uncertainties that are difficult to predict.  Actual future results may
differ materially from what is projected due to a variety of factors,
including, but not limited to, unexpected changes in interest rates or
in the economies served by the Corporation, competition from other
financial service providers, unanticipated difficulties in expanding the
Corporation's business, availability of appropriate investment opportunities,
legislative or regulatory changes, or governmental changes in monetary
or fiscal policy.

<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"></P>
<B><U><P>Overview</P>
Net income for the first quarter ended March 31, 2000, was $8.5 million,
down 5.5% from the first quarter 1999  net income of $9.0 million.
Net income per share (diluted) was $0.40 for the first quarter of 2000 as
compared to $0.41 for the same period in 1999; a 2.4% decline.  Return on
equity for the first quarter of 2000 was 21.07% compared to 24.31% in 1999.</P>

<P>      </P>



<UL>
<LI>Mortgage banking (includes Irwin Mortgage Corporation and the related activities of Irwin Union Bank)</LI>
<LI>Home equity lending (includes Irwin Home Equity Corporation and the related activities of Irwin Union Bank)</LI>
<LI>Commercial banking (Irwin Union Bank)</LI>
<LI>Equipment leasing (includes Irwin Business Finance and the related activities of Irwin Union Bank)</LI>
<LI>Venture capital (includes Irwin Ventures Inc. and the related activities of Irwin Union Bank)</LI></UL>


<P>Listed below are the earnings by line of business for the quarter ended March 31, 2000, as compared to the same period in 1999 (shown in thousands):</P>

<P>                                     		 	  <B>   Three Months              </P>
<P>                                			    <U> Ended March 31</B>,      </P></U></FONT>
<P ALIGN="CENTER"><CENTER><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=611>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13><P></P></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P>Mortgage banking</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$2,483</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$5,948</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P>Home equity lending</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2,620</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,036 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P>Commercial banking</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1,906</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1,665 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P>Equipment leasing</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(915)</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">--</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P>Venture capital</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,297</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-- </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=18>
<FONT FACE="Courier New" SIZE=2><P>Parent (includes consolidating entries)</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">(1,909)</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=18>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">(1,677)</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP" HEIGHT=13><P></P></TD>
<TD WIDTH="26%" VALIGN="TOP" HEIGHT=13>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$8,482 </U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP" HEIGHT=13>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$8,972 </U></FONT></TD>
</TR>
</TABLE>
</CENTER></P>

<FONT FACE="Courier New" SIZE=2>
<B><U><P> </P>
<P>Mortgage Banking</P>

</U><P>Selected Financial Data (shown in thousands):</P>
<P> </P>
<P>                                             		    Three Months             </P>
<P>                                          			   <U>Ended March 31,</U>     </P></B></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=612>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<B><P>Selected Income Statement Data:</B></FONT></TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Loan origination fees</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$7,427</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$13,215</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Gain from sales of loans</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">10,832</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">24,784</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Loan servicing fees</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">13,379</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">14,068</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Amortization and impairment of servicing assets, net of hedging</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">(5,612)</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">(10,921)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net interest income</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">6,274</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">5,699</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Provision for loan losses</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(43)</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(460)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Gain on sale of servicing </FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">252</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2,352</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Other income</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">971</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">525</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Total net revenues</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">33,480</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">49,262</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Salaries and employee benefits</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(17,872)</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(24,020)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Other operating expenses</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(11,523)</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(15,211)</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income before tax</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,085</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">10,031</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income tax</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(1,602)</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(4,083)</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net income</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$2,483</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$5,948</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="26%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Return on average equity</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">10.2%</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">21.7%</U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Mortgage loan originations</FONT></TD>
<TD WIDTH="26%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$862,316</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$1,776,895</U></FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=608>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="27%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">March 31,</B></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">December 31,</B></FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="27%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">       <U>2000</B></U></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">      <U>1999</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="27%" VALIGN="TOP"> </TD>
<TD WIDTH="21%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Servicing portfolio</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$10,522,847</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$10,488,112</FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Mortgage loans held for sale</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">252,729</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">277,614</FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Mortgage servicing asset</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">136,518</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">132,648</FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P>
<P>      Mortgage banking activities are conducted by Irwin Mortgage Corporation which originates, sells, and services residential mortgage loans throughout the United States.</P>



<P>     Net income from mortgage banking for the first quarter was $2.5
million, down 58.3% from the same period in 1999. Return on average equity
was 10.2% for the first quarter of 2000, compared to 21.7% during the same
period in 1999.  These declines relate to a continued rising interest rate
environment which slowed production activity throughout the mortgage banking
industry.</P>

<P>      As a result of the rising interest rate environment, mortgage loan
originations of $0.9 billion were 51.5% below the first quarter of 1999.
Refinances accounted for 13.9% of loan production in the first quarter of
2000, compared to 47.9% in 1999.  Lower production volume caused mortgage
loan origination income to decrease 43.8% in the first quarter to $7.4
million. Because certain fees are not collected for loan refinancings, loan
origination fees did not decrease at the same rate as loan production during
the first quarter of 2000 compared to the same period in 1999.</P>

<P>      As a result of lower loan production in the first quarter of 2000,
gains on the sale of loans decreased 56.3% to $10.8 million. </P>

<P>      Mortgage loan servicing fees totaled $13.4 million for the first quarter of 2000, a decrease of $0.7 million or 4.9%. The servicing portfolio totaled $10.5 billion at March 31, 2000, relatively unchanged from December 31, 1999.  </P>
<B>
</B><P>      Mortgage servicing assets totaled $136.5 million at March 31, 2000, up 2.9% from December 31, 1999.  The amortization and impairment of servicing assets, net of hedging, of $5.6 million in the first quarter of 2000 represents a decline of
48.6% compared to the same period in 1999. Included in the 1999 amount was a $10.8 million trading loss related to hedging activities coupled with a reversal of the valuation allowance of $6.3 million.</P>
<P> </P>
<P>      Net interest income for the three months ended March 31,2000 was
$6.3 million, up 10.1% from the first quarter 1999.  Included in first
quarter 2000 interest income was $3.0 million related to interest earned
pursuant to a refund of federal income taxes due the company relating to a
prior period tax return.  This amount is not expected to recur in subsequent
periods.</P>

<P> </P>
<P>      The provision for loan losses was down 90.6% in the first quarter
of 2000 from $0.5 million in the first quarter of 1999.  The first quarter
2000 figure reflects a change in accounting classification to more accurately
account for nonperforming assets held at the mortgage bank.  Prior to the
third quarter of 1999, all nonperforming loans held at the mortgage bank
were included in the nonperforming assets category.  The majority of these
assets are held for resale, rather than as a part of the loan portfolio,
and as such, are more appropriately classified as part of the portfolio of
loans held for sale and carried at the lower of cost or market value.  There
is no economic difference in this accounting classification as marking the
loans to market when valued at less than face value has the same effect
as establishing a loan loss allowance, but it more accurately reflects
management's intent with respect to the ultimate disposition of the assets.


<P>       Revenues from the sale of mortgage servicing were down 89.3% from
the first quarter of 1999 to $0.3 million. This decline was the result of a
55.8% decline in mortgage servicing assets sold during the first quarter
2000 and the fact that some of the 1999 sales included pre-FAS 122 mortgage
servicing assets which had not been recorded on the balance sheet, and thus
resulted in larger gains at the time of sale.</P>

<P>      Salaries and employee benefits decreased 25.6% to $17.9 million for
the first quarter of 2000 reflecting the company's efforts at cost reduction
in light of reduced originations.  The reduction was due to a decline in
commissions as a result of lower loan production in the first quarter of
2000.  Other operating expenses also decreased 24.2% in the first quarter
2000 as a result of lower production.  </P>

<P> </P>
<B><U><P>Home Equity Lending</P>
0.  Other operating expenses also decreased 24.2% in the first quarter 2000
as a result of lower production.  </P>

<P> </P>
<B><U><P>Home Equity Lending</P>

</U><P>Selected Financial Data (shown in thousands):</B>	</P>
<B><U>
</B></U><P> </P>
<B><P>	                Three Months            </P>
<P>                                                          <U>Ended March 31,</U> </P></B></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=605>
<TR><TD WIDTH="59%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</B></U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P>Selected Income Statement Data:</B></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
<TD WIDTH="19%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net interest revenue-unsold loans and other</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$2,656</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$3,671</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>I/O strip interest income</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2,484</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1,286</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Gain from sale of loans</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">8,957</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,914</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Loan servicing fees, net of amortization and impairment of servicing assets</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">1,120</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">651</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Trading gains </FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,389</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">189</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Other revenue</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">500</U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">334</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Total net revenues</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">19,106</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">11,045</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Operating expenses</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(14,740)</U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(8,009)</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income before tax</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,366</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,036</FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income tax</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(1,746)</U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     --</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net Income</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$2,620</U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$3,036</U></FONT></TD>
</TR>
<TR><TD WIDTH="59%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
<TD WIDTH="19%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=605>
<TR><TD WIDTH="52%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P>Other Selected Financial Data:</B></FONT></TD>
<TD WIDTH="29%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">March 31,</B></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">December 31,</B></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="29%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</B></U></FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="29%" VALIGN="TOP"> </TD>
<TD WIDTH="19%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Home equity loans</FONT></TD>
<TD WIDTH="29%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$290,615</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$233,326</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Interest-only strip</FONT></TD>
<TD WIDTH="29%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">70,956</FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">57,833</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Managed portfolio</FONT></TD>
<TD WIDTH="29%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">993,602 </FONT></TD>
<TD WIDTH="19%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">842,403</FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P>      The home equity lending business markets home equity and first mortgage loans through direct mail, telemarketing and the Internet in 29 states.  </P>

<P>      Net income for the home equity lending business was $2.6 million, $4.4 million pre-tax, during the first quarter of 2000.  These results are compared to 1999 first quarter pre-tax net income of $3.0 million.  Income tax expense for the quarter
ended March 31, 1999 was recorded at the parent company as the home equity lending business had not fully utilized its net operating loss carryforwards until late in 1999.  </P>

<P>      Net interest revenue-unsold loans and other was $1.0 million lower in first quarter 2000 compared to first quarter 1999, representing a 27.6% decrease.  I/O strip interest income increased 93.2% to $2.5 million for the first quarter 2000 compared
to 1999.  The fluctuation between these two items is a result of timing on sales of loans.  Overall, net interest revenue increased $0.2 million or 3.7% compared to first quarter 1999.</P>

<P>      During the first quarter of 2000, home equity loan and line of credit originations and acquisitions totaled $196.5 million, compared with $95.0 million in originations in first quarter 1999.  Included in the first quarter 2000 increase were $99.3
million in home equity loans which were acquired from other prime credit, high loan-to-value lenders. </P>

<P>      Gains from the securitization of loans totaled $9.0 million in the first quarter of 2000, up 82.3% from the first quarter 1999.  The company sold $131.6 million of product in the first quarter of 2000, versus $160.7 million during first quarter
1999.  This improvement, despite the reduction in loan sales is a result of higher valuation of the loans sold during the current period.</P>

<P>      The home equity lending business services the loans it has
securitized and collects an annual fee of up to 1% of the outstanding
principal balance of the securitized loans. Net servicing fee income totaled
$1.1 million in the first quarter of 2000, up 72.0% from the same period in
1999.  The increase is due to growth in the servicing portfolio combined
with a decline in the prepayments of underlying loans and resulting
impairment of servicing assets caused by the rising interest rate environment.</

<P>       Interest-only strips are carried at their market values determined
using assumptions about the duration and performance of the securitized
loans.  At March 31, 2000, the assumed annual loss rates ranged from 0.25%
to 3.00%, prepayment speeds ranged from 8% to 40% CPR (constant prepayment
rate) per year, and the discount rate was 15.0%.  To mitigate the interest
rate risk associated with certain interest-only strips, the home equity
lending business uses an interest rate cap which is also carried at its
market value, which was $0.7 million at March 31, 2000.

<P>      Included in income during the first quarter of 2000 was an
unrealized trading gain of $3.4 million recorded to adjust the carrying
value of interest-only strips and the interest rate cap to their market
values.  This gain compares with a $0.2 million gain recorded in the first
quarter of 1999. The improvement in 2000 is due to the rising interest rate
environment combined with efforts made to shift a substantial portion of the
home equity loan portfolio into product with less prepayment sensitivity.

<P>     Operating expenses were $14.7 million in the first quarter of 2000,
up 84.0% from 1999, reflecting the growth in the company's managed portfolio
and growth in production.</P>

<P> </P>
<B><U><P>Commercial Banking</P>
</B></U>
<B><P>Selected Financial Data (shown in thousands):</P>

<P>                                         			     Three Months              </P>
<P>                                      		          <U>Ended March 31,</U>       </P></B></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=611>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="27%" VALIGN="TOP"> </TD>
<TD WIDTH="21%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P>Selected Income Statement Data:</B></FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</B></U></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP"> </TD>
<TD WIDTH="27%" VALIGN="TOP"> </TD>
<TD WIDTH="21%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net interest revenue</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$9,000</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$7,076</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Provision for loan losses</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(444)</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(452) </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Other income</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2,932</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,142</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Salaries and benefits</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(5,093)</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(4,157)</FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Other operating expenses</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(3,282)</U></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(2,924) </U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income before tax</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,113</FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2,685 </FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Income tax</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(1,207)</U></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(1,020) </U></FONT></TD>
</TR>
<TR><TD WIDTH="52%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Net income</FONT></TD>
<TD WIDTH="27%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$1,906</U></FONT></TD>
<TD WIDTH="21%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$1,665</U></FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=617>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="23%" VALIGN="TOP"> </TD>
<TD WIDTH="24%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="23%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">March 31,</B></FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">December 31,</B></FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<B><FONT FACE="Courier New" SIZE=2><P>Selected Balance Sheet Data:</B></FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">2000</B></U></FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1999</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP"> </TD>
<TD WIDTH="23%" VALIGN="TOP"> </TD>
<TD WIDTH="24%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Securities and short-term investments</FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$22,194</FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$21,603 </FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Loans and leases</FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">795,923</FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">720,493 </FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Allowance for loan losses</FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(7,641)</FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">(7,375) </FONT></TD>
</TR>
<TR><TD WIDTH="53%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Deposits</FONT></TD>
<TD WIDTH="23%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">778,251</FONT></TD>
<TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">710,899</FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P>
<P>	Commercial banking activities are conducted by Irwin Union Bank (the
Bank) which is headquartered in Columbus, Indiana.  In recent years, the Bank
has implemented a growth plan that calls for expansion into new markets
outside of its traditional markets in south-central Indiana using de novo
offices staffed by senior commercial loan officers who have experience with
other commercial banks.  As a result, the commercial bank currently operates
in nine counties in Indiana as well as Kalamazoo, Grandville (Grand Rapids),
and Traverse City, Michigan; Brentwood (St. Louis), Missouri; and Carson
City, Nevada.

<P>      Net income for the commercial bank increased in the first quarter to
$1.9 million from $1.7 million a year earlier. Net interest income improved
27.2% to $9.0 million in the first quarter of 2000.  These increases relate
primarily to the commercial banks
continued growth in new markets.  The provision for loan losses decreased
1.9% to $443.7 thousand in the first quarter compared with a provision of
$452.3 thousand a year earlier. </P>

<P>	Following is an analysis of net interest income and net interest
margin computed on a tax equivalent basis:</P>

<P> </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH=936>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=32>
<B><FONT FACE="Courier New" SIZE=2><P>For the Three Months Ended
March 31, </B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=32><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">2000</B></U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=32><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">1999</B></U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2>
<P>(In thousands)</B></U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Average Balance</B></U>
</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Interest</B></U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Yield/</P>
<P ALIGN="CENTER">Rate</B></U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Average Balance</B></U>
</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Interest</B></U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<B><U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Yield/</P>
<P ALIGN="CENTER">Rate</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=16><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=48>
<B><FONT FACE="Courier New" SIZE=2>
<P>Interest-earning assets,</B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2>
<P>$803,999</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2>
<P>$17,141</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">8.57%</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2>
<P>$578,362 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2>
<P>$12,032 </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=48>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">8.44%</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=32>
<B><FONT FACE="Courier New" SIZE=2><P>Interest-bearing liabilities</B></FONT>
</TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P> 696,856</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P>  8,089</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">4.67%</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P> 483,655</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P>  4,897</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">4.11%</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=32>
<B><FONT FACE="Courier New" SIZE=2>
<P>Net interest income</B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2>
<U><P> $9,052</U></FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2>
<P> <U>$7,135 </U></FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=32>
<B><FONT FACE="Courier New" SIZE=2>
<P>Net interest margin</B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="11%" VALIGN="TOP" HEIGHT=32>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">4.53%</P>
<P ALIGN="CENTER"></U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"> </P>
<P ALIGN="CENTER">*</FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">* </FONT></TD>
<TD WIDTH="10%" VALIGN="TOP" HEIGHT=32>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">5.00% </U></FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P>
<P>	</P>
<P>      Other income in the first quarter was down 6.7% to $2.9 million from
$3.1 million in 1999.  Total operating expenses, including salaries and
benefits, increased 18.3% from the first quarter of 1999 to $8.4 million.
The continued expansion of operations in new markets led to increased
non-interest expense in 2000.  </P>

<P> </P>
<P> </P>
<P> </P>
<P>   </P>
<B><U>
<P>Equipment Leasing</P>
</B></U>
<P>      During 1999, the Corporation formed a new leasing subsidiary,
Irwin Business Finance.  The company began organizing in the second quarter
of 1999 and began lease originations in early 2000.  During the first quarter
of 2000, the leasing line of business incurred a pre-tax loss of
$0.9 million, reflecting staffing, systems development, and portfolio growth
initiatives.  Total lease receivables originated in the first quarter of
2000 were $16.0 million.</P>
<B><U>
<P> </P>
<P>Venture Capital</P>
</B></U>
<P>      During 1999, the Corporation formed Irwin Ventures, Inc., a venture
capital company which makes minority investments in early-stage financial
services-related businesses.  Its primary focus is on businesses which plan
to use the Internet or other forms of technology, as a key component of their
competitive strategy.  The company seeks to make investments in opportunities
where the financial services experience and expertise of Irwin Ventures'
management team can add superior value to innovative companies.  The
Corporation's Board of Directors has approved an allocation of up to 10%
of the Corporation's capital base to support this subsidiary.  During the
first quarter of 2000 the venture capital line of business recorded net
income of $4.3 million which resulted principally from valuation increases
in one of its portfolio investments.

<P>      Venture capital investments held by Irwin Ventures, Inc. are carried
at fair value with changes in market value recognized in other income.  The
investment committee of Irwin Ventures determines the value of the
investments at the end of each reporting period and the values are adjusted
based upon review of the investee's financial results, condition, and
prospectus.  Changes in estimated market values can also be made when an
event such as a new funding round from other private equity investors would
cause a change in estimated market value.

<P>      At March 31, 2000, the business had investments in the following
companies:</P>
</FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=638>
<TR><TD WIDTH="25%" VALIGN="TOP">
NG=7 WIDTH=638>
<TR><TD WIDTH="25%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P>Company</B></U></FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P>Public/Private</B></U></FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P>Investment At Cost</B></U></FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<B><U><FONT FACE="Courier New" SIZE=2><P>Carrying Value</B></U></FONT></TD>
</TR>
<TR><TD WIDTH="25%" VALIGN="TOP"> </TD>
<TD WIDTH="25%" VALIGN="TOP"> </TD>
<TD WIDTH="25%" VALIGN="TOP"> </TD>
<TD WIDTH="25%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>LiveCapital.com</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Private</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>$1.94 million</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>$10.70 million</FONT></TD>
</TR>
<TR><TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Bremer Associates,    Incorporated</FONT>
</TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Private</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>$1.17 million</FONT></TD>
<TD WIDTH="25%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P> </P>
<P>$1.17 million</FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P>
<P> </P>
<B><U><P>Parent Company (including consolidating entries)</P>
</B></U>
<P>      For the quarter ended March 31, 2000, the parent company recorded a
net loss of $2.0 million compared with a net loss of $1.7 million a year
earlier.    The parent company recorded $0.3 million of income tax benefit
related to Irwin Business Finance for the period ended March 31, 2000.
The parent company will continue to record tax benefits resulting from the
operating losses of Irwin Business Finance until such time as Irwin Business
Finance becomes profitable and utilizes all of its operating loss
carryforwards.

<P>      Parent company operating losses are higher in 2000 as a result of
increased net interest expense for funding to support the growth of
subsidiaries.  Additionally, the parent company enters into interest rate
swap agreements with its subsidiaries, the results of which have been less
favorable to the parent in 2000 than in 1999. </P>

<P> </P>
<P> </P>
<P>    </P>
<B><U><P>Consolidated Income Statement Analysis</P>

</B></U><P>      Net interest income for the first quarter of 2000 totaled
$20.3 million, up 13.2% from the first quarter of 1999.  The increase was due
primarily to the loan growth at the commercial bank related to expansion into
new markets. </P>

<P> The loan and lease loss provision was $1.1 million for the first
quarter of 2000, as compared with $1.2 million for the same period in 1999.
See the section on credit risk for additional information on the loan loss
provision. </P>

<P>  Noninterest income was down 8.3% to $50.1 million in the first quarter
of 2000.  The first quarter decline was caused primarily by lower revenues at
the  Corporation's mortgage banking line of business as a result of the
rising interest rate environment which slowed loan production activity. </P>

<P>      Other expenses decreased 2.1% in the first quarter of 2000 to
$53.9 million.  Reduced loan production activities at the mortgage bank
resulted in the first quarter decline.</P>

<P>  The effective income tax rate for the Corporation was 40.1% during
the first quarter of 2000.  This is compared with 40.5% in the first quarter
of 1999. </P>

<P> 	</P>
<B><U><P>Consolidated Balance Sheet Analysis</P>
</B></U>
<P>      Total assets of the Corporation at March 31, 2000, were $1.8
billion, up from December 31, 1999 total assets of $1.7 billion.  The
increase was due to growth in loans which totaled $0.8 billion at March 31,
2000, up from $0.7 billion at December 31, 1999.  The increase in assets was
accompanied by an increase in deposits of $0.1 billion.  A portion of
noninterest bearing deposits is associated with escrow accounts held on
loans in the servicing portfolio of Irwin Mortgage.  These escrow accounts
totaled $172.9 million at March 31, 2000, up from $148.9 million at December
31, 1999.


<P>  Shareholders' equity grew to $165.3 million as of March 31, 2000, an
increase of 3.7% over year-end 1999 shareholders'
equity of $159.3 million. Contributing to the growth in shareholders'
equity was the issuance during the first quarter of 2000 of approximately
$1.4 million in non-coupon, convertible preferred shares of the
Corporation's stock.  This stock was issued to certain qualified investors
thought to be in a position to support deposit growth in certain of the
expansion markets of the commercial banking line of business.  Shareholders'
equity as of March 31, 2000 was $7.70 per common shares, an increase of
2.0% compared to December 31, 1999.  The Corporation's equity to assets
ratio ended the quarter at 8.98% compared to 9.48% at the end of 1999.

<P>	 </P>
<B><U>
<P>Credit Risk</P>
</B></U>
<P>      The assumption of credit risk is a key source of earnings for the
commercial banking, home equity lending and equipment leasing lines of
business.  In addition, the mortgage banking business assumes some credit
risk despite the fact that the mortgages are typically insured. </P>
<P>      </P>
<P>      The credit risk in the loan portfolios of the commercial bank and
the home equity lending business have the most potential to have a
significant effect on consolidated financial performance.  These lines of
business manage credit risk through the use of lending policies, credit
analysis and approval procedures, periodic loan reviews, and personal contact
with borrowers.  Loans over a certain size are reviewed by a loan committee
prior to approval.</P>

<P>  An allowance for loan losses is established as an estimate of the
probable credit losses on the loans held by the Corporation.  A specific
allowance is determined by evaluating those loans which are either
substandard or have the potential to become substandard.  In general,
commercial loans, mortgage loans, and leases are evaluated individually to
determine the appropriate allowance.  Consumer loans, including home equity
loans, are generally evaluated as a group.  A specific allowance is set at a
level which management considers sufficient to cover probable losses on
these loans.  A general allowance is determined by analyzing historical loss
experience by loan type and then adjusting these loss factors for current
conditions not reflected in prior experience.  The allowance for loan losses
is an estimate which is based on management's judgement combined with a
quantitative process of evaluation and analysis.</P>

<P>  Loans and leases that are determined by management to be uncollectible
 are charged against the allowance.  The allowance is increased by provisions
 against income and recoveries of loans and leases previously charged off. </P>

<P>  As of March 31, 2000, the allowance for loan and lease losses as a
percentage of total loans and leases was 1.14% compared to 1.17% at
December 31, 1999.  For the three months ended March 31, 2000, the provision
for loan and lease losses totaled $1.1 million, a slight decline from the
amount recorded in the first quarter of 1999.  Net charge-offs as of
March 31, 2000 were $0.3 million, down 36.5% from first quarter 1999. </P>

<P>  Nonperforming assets (loans 90 days past due, nonaccrual, and owned
real estate) were $8.2 million or 0.45% of total assets at March 31, 2000,
compared to $8.1 million or 0.48% at December 31, 1999. </P>

<P> </P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=590>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P> </P>
<P> </P>
<U><P>Nonperforming Assets</P>
</U><P>(In Thousands)</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">March 31,</P>
<U><P ALIGN="RIGHT">2000</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">December 31, <U>1999</U>
</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">December 31,</P>
<U><P ALIGN="RIGHT">1998</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Accruing loans past due</P>
<P>90 days or more:</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Real Estate Mortgage</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$--</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$--</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$291</FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Commercial</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">100</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">58</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">252</FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Consumer</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">68</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">89</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">89</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>          Subtotal</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">168</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">147</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">632</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Nonaccrual loans:</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
<TD WIDTH="22%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Real Estate Mortgage</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,231</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">3,049</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">9,449</FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Commercial</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">943</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">748</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">1,052</FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Leasing</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">151</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">88</FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">426</FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>     Consumer</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">349</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">273</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">174</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>          Subtotal</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,674</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">4,158</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">11,101</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Total nonperforming loans and leases</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">4,842</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">4,305</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">11,733</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Other real estate owned</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">3,379</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">3,752</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">3,506</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Total nonperforming assets</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">$8,221</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">$8,057</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">$15,239</U></FONT></TD>
</TR>
<TR><TD WIDTH="37%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2>
<P>Nonperforming assets to</P>
<P>total assets</P>
</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">0.45%</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">0.48%</U></FONT></TD>
<TD WIDTH="22%" VALIGN="TOP">
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">0.78%</U></FONT></TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<B><U><P> </P>
<P>Liquidity</P>
</B></U>
<P>  Liquidity is the availability of funds to meet the daily requirements
of the business.  For financial institutions, demand for funds comes
principally from extensions of credit and withdrawal of deposits.
Liquidity is provided by asset maturities or sales and through short-term
borrowings.</P>

<P>      The objectives of liquidity management are to ensure that funds
will be available to meet demands and that funds are available at a
reasonable cost.  Liquidity is managed by the parent company and the
commercial bank with separate liquidity management committees at each
line of business.</P>

<P>      Since loans are less marketable than securities, the ratio of
total loans to total deposits is the traditional measure of liquidity for
banks and bank holding companies.  At March 31, 2000, this ratio was 81.9%.
The Corporation is able to maintain this position due to the position in
mortgage loans held for sale.  These loans carry an interest rate equal to
the current market rate for first and second lien mortgage loans.  However,
liquidity is significantly improved since nearly all mortgage loans held
for sale are in the process of being securitized and sold.  The holding
period for an individual loan typically does not exceed 90 days.</P>
<P>  </P>
<B><U>
<P> </P>
<P>Interest Rate Risk </P>
</U>
</B><P>Interest rate risk refers to the potential for changes in market
rates of interest to cause changes in net interest income and in the
market value of assets and liabilities. </P>

<P>The Asset-Liability Management Committees of each of the Corporation's
lines of business monitor the repricing structure of both assets and
liabilities over various time horizons and exposure to changes in interest
rates is evaluated by modeling the repricing characteristics of the
instruments under multiple rate scenarios.  Rate sensitivities can
typically be managed by controlling the maturity of loans, securities,
and deposits and through the use of prepayment penalties.  The Corporation
may also use financial futures or interest rate swaps from time to time. </P>

<P>The commercial banking, home equity, and leasing lines of business
assume interest rate risk in the pricing of their loan and lease products
and mitigate this risk by managing the duration of the liabilities they
raise to support their portfolios.  The mortgage banking business assumes
interest rate sensitivity by entering into commitments to extend loans
to borrowers at a fixed price for a limited period of time.  Loans are
held temporarily until a pool is formed.  The mortgage bank buys
commitments to deliver loans at a fixed price to manage risk.</P>

<P>The mortgage bank and the home equity company are also exposed to
interest rate risk through their ownership of servicing assets and excess
servicing.  As discussed in the analysis of each line of business earlier
in this report, the companies also manage their risk using a variety of
techniques including:  maintaining a strong production operation which
offsets the interest rate risk, selective sales of the servicing rights,
match funded through asset-backed securities sales, and the use of financial
hedges.

<P>The following tables show management's estimate of the present value
of interest-sensitive assets and liabilities, as well as off-balance sheet
financial contracts as of March 31, 2000, at then current interest rates
as well as simulated rates 1.0% and 2.0% above and below those interest
rates.  Two tables are presented:</P>

<OL>

<LI>An economic analysis showing the net present value impact of changes
in interest rates and</LI>
<LI>An accounting analysis showing the same net present value impact,
adjusted for the expected GAAP treatment of the assets and liabilities under
the scenarios shown.  </LI></OL>


<P>The analyses do not take into account the book values of the Corporation's
non-interest sensitive assets and liabilities, such as cash, accounts
receivable, and fixed assets, the value of which is not directly determined
by interest rates.  </P>

<P>As noted above, the analyses are based on discounted cash flows over the
remaining estimated lives of the financial instruments.  The total
measurement of the Corporation's exposure to interest rate risk as presented
in the following tables may not be representative of the actual values which
might result from a higher or lower rate environment.  Such environments
would likely result in different lending and borrowing strategies by the
Corporation, designed in part to further mitigate the effect on the value
of, and the net earnings generated from the Corporation's net assets.  In
addition, they do not reflect activities not traditionally measured as
financial assets or liabilities.  Principal among these activities for
the Corporation would be the change in mortgage loan production and the
earnings stream the Corporation derives therefrom.</P>

<P>The figures in the table suggest, based on an economic assessment of
balance sheet and off balance sheet financial assets and before any
initiatives to mitigate the impact of changing interest rates, that the
present value of the Corporation's interest-sensitive assets and liabilities
would decline in a falling rate environment principally due to the
Corporation's investments in mortgage servicing rights and would decline
in a rising rate environment due to the influence of its loan portfolio.
To mitigate the impact of rising rates, the Corporation periodically sells
certain mortgage servicing rights where the risk profile indicates more
downside risk than upside opportunity.  The Corporation mitigates the risk
of falling rates by maintaining a strong production operation which
increases in value as interest rates fall.</P>

<B><U><P>Economic Value Change Method</P>
</B></U></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=710>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </FONT></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=5 HEIGHT=9>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Present Value </B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=5 HEIGHT=9>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">At March 31, 2000</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=5 HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Instantaneous Change in Interest Rates of:</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=14>
<B><I><FONT FACE="Courier New" SIZE=2><P>  (In thousands)</B></I></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">-2%</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">-1%</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Current</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">+1%</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">+2%</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Assets</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Loans and Other Assets</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   $896,152 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   $877,953 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   $860,867 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   $844,746 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   $829,495 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Loans Held for Sale</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   526,589 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    520,256 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    513,960 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    507,415 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    500,498 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Mortgage Servicing Rights</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    105,262 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    158,322 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    187,427 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    191,911 </FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    201,899 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Interest-only Strips</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     66,453 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     70,253 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     73,789 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     77,471 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     81,265 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Total Interest Sensitive Assets</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">            1,594,456 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">            1,626,784 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">            1,636,043 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">            1,621,543 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">            1,613,157 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Liabilities</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Deposits</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (781,601)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (777,945)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (774,358)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (770,877)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (767,512)</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Short term Borrowings</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (473,631)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (473,439)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (473,239)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (473,037)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  (472,834)</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Long Term Debt</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   (87,455)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   (83,849)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   (79,755)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   (75,057)</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   (70,157)</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Total Interest Sensitive Liabilities</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">           (1,342,687)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">           (1,335,233)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">           (1,327,352)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">           (1,318,971)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">           (1,310,503)</U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Off Balance Sheet  Items</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                      145 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                      456 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   1,013 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   1,740 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   2,497 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Net Sensitivity as of March 31, 2000</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $251,914 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $292,007 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $309,704 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $304,312 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $305,151 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Potential Change</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($57,790)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> ($17,697)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($5,392)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($4,553)</U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Net Sensitivity as of December 31, 1999</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $271,837 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $315,927 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $334,983 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $333,872 </U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $327,352 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Potential Change</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($63,146)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> ($19,056)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($1,111)</U></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($7,631)</U></FONT></TD>
</TR>
</TABLE>

<U><FONT FACE="Courier New" SIZE=2>
<P> </P>
<B><P>GAAP-Based Value Change Method</P>
</B></U></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=2 WIDTH=704>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=7 HEIGHT=9>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Present Value </B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=7 HEIGHT=9>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">At March 31, 2000</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=14><P></P></TD>
<TD WIDTH="68%" VALIGN="TOP" COLSPAN=7 HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Instantaneous Change in Interest Rates of:</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=14>
<B><I><FONT FACE="Courier New" SIZE=2><P>(In thousands)</B></I></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">-2%</B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">-1%</B></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Current</B></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">+1%</B></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=14>
<B><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">+2%</B></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Assets</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Loans and Other Assets1</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Loans Held for Sale</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    513,960 </FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   513,960 </FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   513,960 </FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   507,415 </FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   500,498 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Mortgage Servicing Rights</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    103,494 </FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   122,856 </FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   130,711 </FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   130,793 </FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">   130,795 </FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Interest-only Strips</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">     66,453 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    70,253 </U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    73,789 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    77,471 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">    81,265 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Total Interest Sensitive Assets</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               683,907 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               707,069 </U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               718,460 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               715,679 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               712,558 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Liabilities</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P>Deposits1</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=12>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Short term Borrowings1</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P>Long Term Debt1</FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">-</FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Total Interest Sensitive Liabilities1</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                         -   </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                         -   </U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                         -   </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                         -   </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                         -   </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=9><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=9><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Interest Sensitive Off Balance Sheet  Items</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                      145 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                      456 </U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   1,013 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   1,740 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">                   2,497 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Net Sensitivity as of March 31, 2000</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $684,052 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $707,525 </U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $719,473 </U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $717,419 </U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">               $715,055 </U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Potential Change</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($35,421)</U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> ($11,948)</U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($2,054)</U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">  ($4,418)</U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Net Sensitivity as of December 31, 1999</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER"></P>
<P ALIGN="CENTER">   $490,111</U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">$509,774</U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">$518,647</U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">$521,421</U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">$524,034</U></FONT></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" COLSPAN=2 HEIGHT=11><P></P></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11><P></P></TD>
</TR>
<TR><TD WIDTH="32%" VALIGN="TOP" HEIGHT=11>
<B><FONT FACE="Courier New" SIZE=2><P>Potential Change</B></FONT></TD>
<TD WIDTH="14%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">($28,536)</P>
<P ALIGN="RIGHT"></U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">($8,873)</P>
<P ALIGN="RIGHT"></U></FONT></TD>
<TD WIDTH="12%" VALIGN="TOP" HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$-</P>
<P ALIGN="RIGHT"></U></FONT></TD>
<TD WIDTH="13%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$2,774</P>
<P ALIGN="RIGHT"></U></FONT></TD>
<TD WIDTH="16%" VALIGN="TOP" COLSPAN=2 HEIGHT=11>
<U><FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">$5,387</P>
<P ALIGN="RIGHT"></U></FONT></TD>
</TR>
</TABLE>

<B><FONT FACE="Courier New" SIZE=2><P> </P>
<P>(1)  Value does not change in GAAP presentation.</P>
</B>
<P> </P>
<B><U><P>Derivative Financial Instruments</P>
</B></U>
<P>      The Corporation hedges its interest rate risk on mortgage loans
held for sale using mandatory commitments to sell the loans at a future
date.  Certain of the Corporation's interest-only strips are hedged using
interest rate caps which had a fair value of $0.7 million at March 31, 2000,
and a notional amount of $46.6 million. Interest rate caps are classified as
trading securities on the balance sheet and carried at their market values.
Adjustments to market values are recorded as trading gains or losses on
th income statement.  In the first quarter of 2000, the Corporation recorded
a $3.4 million gain related to these derivative products, compared to
$10.0 million in losses in the previous year.</P>

<P> </P>
<B><U><P>Capital Adequacy</P>
</B></U>
<P>      The Corporation is subject to various regulatory capital
requirements administered by federal banking agencies.  Quantitative
measures established by regulation to ensure capital adequacy require the
Corporation to maintain minimum amounts and ratios (set forth in the
table below) of total and Tier I capital (as defined in the regulations)
to risk-weighted assets (as defined), and of Tier I capital to average
assets (as defined).  Equity and risk-based capital ratios for the
Corporation are as follows:<P> </P>
</FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=12 WIDTH=659>
<TR><TD WIDTH="24%" VALIGN="TOP"> </TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="CENTER">Ratio required to be considered <U>well-capitalized</U></FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">March 31,</P>
<P ALIGN="RIGHT"> <U>2000</U></FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">December 31,</P>
<U><P ALIGN="RIGHT">1999</U></FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT">December 31,</P>
<U><P ALIGN="RIGHT">1998</U></FONT></TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP"> </TD>
<TD WIDTH="20%" VALIGN="TOP"> </TD>
<TD WIDTH="20%" VALIGN="TOP"> </TD>
<TD WIDTH="18%" VALIGN="TOP"> </TD>
<TD WIDTH="18%" VALIGN="TOP"> </TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Equity to Assets</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">n/a</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"> 8.98%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">9.48%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">7.46%</FONT></TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Risk-Based Capital </FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">10.0%</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">12.32%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">13.50%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT">12.25%</FONT></TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Tier I Capital </FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">6.0%</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">10.40%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">11.39%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">11.63%</FONT></TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P>Tier I Leverage </FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">5.0%</FONT></TD>
<TD WIDTH="20%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">12.63%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">12.77%</FONT></TD>
<TD WIDTH="18%" VALIGN="TOP">
<FONT FACE="Courier New" SIZE=2><P ALIGN="RIGHT">10.51%</FONT></TD>
</TR>
<TR><TD WIDTH="24%" VALIGN="TOP"> </TD>
<TD WIDTH="20%" VALIGN="TOP"> </TD>
<TD WIDTH="20%" VALIGN="TOP"> </TD>
<TD WIDTH="18%" VALIGN="TOP"> </TD>
<TD WIDTH="18%" VALIGN="TOP"> </TD>
</TR>
</TABLE>

<FONT FACE="Courier New" SIZE=2>
<P> </P>
<B><U><P>Year 2000</P>
</B></U>
<P>      The Corporation did not experience any significant Year 2000 related
 computer disruptions during the first quarter of 2000.</P>

<P> </P>
<B><P ALIGN="CENTER">Part II</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER">Item 1. Legal Proceedings
<P ALIGN="CENTER"></P>
<P ALIGN="JUSTIFY">Kruta et al. v. Inland Mortgage Corporation.  As reported
in the Corporation's Form 10-K for the year ending December 31, 1999, this
class action lawsuit was initiated in October, 1995 and has been pending
before a federal Multidistrict Litigation Panel in Chicago, Illinois.
Plaintiffs allege they represent a nationwide class of persons who have
or had mortgage escrow accounts allegedly improperly managed by Irwin
Mortgage.  On April 7, 2000, notice of a proposed settlement was distributed.
If the court approves the proposal, Irwin Mortgage will provide eligible class
members with a one hundred eighty dollar discount certificate towards
refinancing or obtaining a new first mortgage loan from Irwin.  The court
is scheduled to consider the proposed settlement at a hearing on June 7,
2000.</P>
<B><P ALIGN="CENTER">Part II</P>
<P ALIGN="CENTER">Item 2.  Changes in Securities and Use of Proceeds.</P>
<P ALIGN="CENTER"></P>
<P ALIGN="JUSTIFY">(c)  </B>On March 3, 2000, the Corporation sold a total of
96,336 shares of Convertible Preferred stock, consisting of 14,208 shares of
Series A, 26,317 shares of Series B and 55,811 shares of Series C, for
aggregate cash consideration of $1,423,967, or $14.78125 per share.  The
shares were offered and sold to accredited investors in private offerings in
reliance on Rule 506 of Regulation D.  No underwriting discounts or
commissions were paid.  The shares were sold as part of a program initiated
by the Corporation to assist Irwin Union Bank in generating deposits in new
markets.  Each Series of Convertible Preferred Shares is associated with a
particular new market of the Bank.  Under the program, each preferred share
is issued for cash at approximately the market price of one common share.
A preferred share automatically converts into one common share at a
determined future date.  If the associated banking office in the particular
market reaches a specified level of deposits prior to the conversion date,
the number of common shares into which a preferred share converts will be
increased by a specified amount up to a maximum increase of 25%, depending
upon the date on which the deposit level is attained.  The terms of each
Series are substantially similar, differing primarily in the deposit level
targeted for each market.  A maximum of approximately 400,000 shares of
preferred stock is issuable under the program.  The proceeds will be used
to strengthen the Corporation's capital base.</P>

<P>The Corporation has also created a program to encourage the participation
by local individuals in business development boards in selected markets
of Irwin Union Bank.  Business development board members earn retainer fees
of $1000 per year and meeting fees of $350 for each business development
board meeting attended, payable in shares of the Corporation's common
stock.  Shares are issued quarterly based on the closing price of the
common shares on the last business day of the quarter for which the fees
are being paid.  In the first quarter, 2000, the Corporation issued 1,776
shares of its common stock out of treasury shares to members of business
development boards, based on a price of $15.00 per share in payment of an
aggregate of $26,640.  The Corporation issued 480 shares of common stock
for such fees in 1999 and 252 shares in 1998, all out of treasury
shares, in payment of an aggregate of $18,721 in fees payable to business
development board members.  These shares were issued in reliance on the
private placement exemption of Section 4 (2) of the Securities Act.</P>

<p>&NBSP;</P>
</font>>FONT face="courier;Courier New" SIZE=2><P> </p>
<P> </P>
<P> </p>
<b><P> </p>
<p> </p>
</B><P>  </P>
<P ALIGN="CENTER"></P>
<p ALIGN="CENTER"> </P>
<P ALIGN="CENTER">PART II</P>
<p ALIGN="CENTER"></P>
<P ALIGN="CENTER">Item 6</P>
<P ALIGN="CENTER"></P>
<P ALIGN="CENTER"> </P>
<P> </P>
<B><P> </P>
</B><P>(a) Exhibits to Form 10-Q</P>

<P>Number Assigned</P>
<P>In Regulation S-K</P>
<U><P>Item 601 </U>        <U> Description</U>	</P>
<P>(2)         No Exhibit</P>

<P>(3)         No Exhibit</P>

<P>(4)         No Exhibit</P>

<P>(10)        No Exhibit</P>

<P> </P>
<P>(11)        Computation of earnings per</P>
<P>            share is included in the</P>
<P>            footnotes to the financial</P>
<P>            statements</P>

<P>(15)        No Exhibit </P>

<P>(18)        No Exhibit </P>

<P>(19)        No Exhibit </P>

<P>(22)        No Exhibit </P>

<P>(23)				No Exhibit</P>

<P>(24)				No Exhibit</P>

<P> </P>
<P>(99)				No Exhibit</P>

<P> </P>
<P> </P>
<B><P>(b)	Reports on Form 8-K</P>
</B>
<P>A report on Form 8-K dated February 9, 2000, was filed with the
Commission to report a net unrealized portfolio gain for the first quarter
of approximately $4.5 million after tax. The gain resulted from an
investment in LiveCapital.com by the venture capital line of business.</P>

<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P>
<B><U><P ALIGN="CENTER">SIGNATURES</P>
</B></U>
<P>	Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.</P>
<P ALIGN="RIGHT"></P>
<P ALIGN="RIGHT"> </P>
<P ALIGN="RIGHT"> </P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<P ALIGN="JUSTIFY">IRWIN FINANCIAL CORPORATION</P>
<P ALIGN="JUSTIFY"></P>
<P> </P>
<P>By:/s/Gregory F. Ehlinger</P>
<P>   _______________________</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P ALIGN="JUSTIFY">						    Gregory F. Ehlinger</P>
<P ALIGN="JUSTIFY">						    Chief Financial Officer</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"> </P>
<P ALIGN="JUSTIFY">						By: /s/ Jody A. Littrell</P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<P ALIGN="JUSTIFY">    _________________________</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P ALIGN="JUSTIFY">						    Jody A. Littrell</P>
<P ALIGN="JUSTIFY">						    Corporate Controller</P>
<P>                                        (Chief Accounting Officer)</P>

<P> </P>
<P> </P>
<P> </P>
<P> </P></FONT></BODY>
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