Espirito Santo

Fall River, MA · Charter 10325

Q2 1997

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2

Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q2 1997, the quarter ended June 30, 1997, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Fall River, MA · Charter 10325

Q2 1997

$11.8MAssets

$9.0MLoans

$10.7MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

7.08%+132 bps YoY

Net Interest Margin (YTD, annualized)

n/a

Efficiency Ratio (YTD, annualized)

n/a

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	5.77%	5.64%	7.42%	6.84%	7.08%	+132 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	42.55%	52.22%	41.52%	n/a
Loan Growth (YoY)	n/a	n/a	51.91%	52.95%	31.14%	n/a
Share Growth (YoY)	n/a	n/a	39.35%	49.32%	38.03%	n/a
Asset Quality
Delinquent Loans / Loans	1.86%	1.34%	1.17%	0.70%	0.21%	-165 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.98%	0.91%	0.78%	0.70%	0.70%	-27 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Worth / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	88.47%	86.91%	84.32%	83.22%	84.05%	-441 bps
Liquid Assets / Assets	11.17%	15.22%	16.35%	17.19%	17.60%	+643 bps