Compeer Financial Industry Overview

• • • • 16 FINANCIAL PERFORMANCE (Q3 2018 VS Q3 2019) Asset growth drives interest income ■ Full year of Asset Pool Non-interest income expanded Revenue growing faster than expenses, resulting in positive gain on operations Below the line items mixed Provision lower (noise from PP) ■ Insurance fund higher Patronage higher (still all cash) ■ Other includes a lot ■ Tax estimates a work in progress Income Statement: Year to Date Interest Income Asset Pool Net Earnings Total Net Interest Income Non-Interrest Income Actual 2019 Actual Prior Year Prior Year 2018 $ Variance % Variance 373,319 357,265 16,054 4.5% 22,148 25,740 (3,592) -14.0% 395,467 383,005 12,462 3.3% 59,929 55,793 4,136 7.4% Total Operating Revenue 455,396 438,798 16,599 3.8% Total Operating Expenses 192,508 183,245 9,263 5.1% Gain (Loss) on Operations 262,888 255,553 7,336 2.9% Provision 13,812 16,200 (2,388) -14.7% Insurance Fund 11,261 10,548 713 6.8% Patronage (65,203) (45,200) (20,003) 44.3% Other Losses (FCSIC/PR/PP/Merg) (1,346) (10,663) 9,316 -87.4% Pre Tax Income Taxes 304,365 284,667 11,386 3,221 292,979 281,446 11,533 4.1% Net Income

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