Stock Watch

CU BANKCORP

Business: Banking

Symbol: CUBN

Shares Outstanding: 4.3 million

Market: OTC

Closing Price on 6/29/92: $5.00

The Encino-based company is the parent of California United Bank, which was founded in 1982 as Lincoln National Bank. Lincoln National changed its name in 1990 to avoid confusion with the scandal-plagued Lincoln Savings & Loan. CU Bancorp focuses on the so-called “middle-market,”in which it lends mostly to small-and medium-sized businesses. The company enjoyed rapid growth in the 1980s, but that growth has slowed during the past two years and CU suffered a $3.6 -million loss in 1991. In June, CU’s board replaced its longtime president John J. Keating with Stephen G. Carpenter.

Period ending June 1989 Sept. 89 Qtrly Profit (loss): $1.6 million $1.8 million) % Change: +82% +18% Qtrly Assets: $396 million $436 million % Change: +11% +11%

Period ending Dec. 89 March 1990 Qtrly Profit (loss): $1.8 million $1.6 million % Change: +23% +15% Qtrly Assets: $501 million $498 million % Change: +20% +27%

Period ending June 90 Sept. 90 Qtrly Profit (loss): $1.8 million $1.2 million % Change: +13% -22% Qtrly Assets: $532 million $464 million % Change: +35% +6%

Period ending Dec. 90 March 1991 Qtrly Profit (loss): $1.3 million $986.000 % Change: -28% -39% Qtrly Assets $476 million $487 million % Change: -5% -2%

Period ending June 91 Sept. 91 Qtrly Profit (loss): $1.1 million ($6.9 million) % Change: -40% NA Qtrly Assets: $549 million $474 million % Change: +3% +2%

Period ending Dec. 91 March 1992 Qtrly Profit (loss): $1.3 million $595,069 % Change: 0% -40% Qtrly Assets: 498 million $523 million % Change: +5% +7%

N/A: Not applicable because of current, or prior year’s, loss.

Stock Prices Period ending: June 1989 Quarterly High: $12.89 Quarterly Low: $9.90 Period ending: Sept. 89 Quarterly High: $16.67 Quarterly Low: $11.88 Period ending: Dec. 89 Quarterly High: $18 Quarterly Low: $13.75 Period ending: March 1990 Quarterly High: $15 Quarterly Low: $11.88 Period ending: June 90 Quarterly High: $15.25 Quarterly Low: $13 Period ending: Sept. 90 Quarterly High: $14 Quarterly Low: $7 Period ending: Dec. 90 Quarterly High: $10 Quarterly Low: $8 Period ending: March 1991 Quarterly High: $10 Quarterly Low: $6.75 Period ending: June 91 Quarterly High: $10.50 Quarterly Low: $7.50 Period ending: Sept. 91 Quarterly High: $9.75 Quarterly Low: $5.25 Period ending: Dec. 91 Quarterly High: $6.50 Quarterly Low: $4.50 Period ending: March 1992 Quarterly High: $6.75 Quarterly Low: $5 Source: CU Bancorp