IBL BANCORP

The principal lending activity of Iberville is the origination of single-family residential loans and consumer loans. At March 31,1998, conventional first mortgage, single-family residential loans (excludingconstruction loans) amounted to $11.5 million or 67.2% of the total loan portfolio and consumer loans amounted to $4.0 million or 23.3% of the total loan portfolio, in each case before net items. To a lesser extent, the Association originates construction loans, commercial real estate loans and land loans. At March 31, 1998, construction loans amounted to $420,000 or 2.5% of the total loan portfolio, commercial real estate loans totalled $931,000 or 5.4% of the total loan portfolio, and land loans amounted to $287,000 or 1.7% of the total loan portfolio, in each case before net items.