Service

Portsmouth, NH · Charter 11512

Q3 1998

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: Q3 1998, the quarter ended September 30, 1998, 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.

Portsmouth, NH · Charter 11512

Q3 1998

$422.3MAssets

$311.5MLoans

$331.2MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.56%-47 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	Q4 1996	Q1 1997	Q2 1997	Q3 1997	Q4 1997	Q1 1998	Q2 1998	Q3 1998	YoY Δ	Trend
Earnings
Return on Assets	5.02%	5.02%	4.99%	5.03%	5.00%	4.69%	4.48%	4.56%	-47 bps
Return on Equity	n/a	n/a	n/a	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	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	7.40%	7.75%	11.24%	13.13%	16.48%	18.26%	18.25%	17.39%	+426 bps
Loan Growth (YoY)	22.90%	32.95%	31.56%	27.92%	20.58%	11.86%	9.40%	8.26%	-1,966 bps
Share Growth (YoY)	6.58%	6.45%	10.48%	13.66%	17.33%	18.23%	16.92%	15.82%	+216 bps
Asset Quality
Delinquent Loans / Loans	0.83%	0.75%	0.69%	0.71%	0.71%	0.65%	0.73%	0.79%	+8 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	3.81%	3.52%	3.32%	3.17%	2.97%	2.98%	2.84%	2.70%	-47 bps
Capital
Risk-Based Capital	n/a	n/a	n/a	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	n/a	n/a	n/a
Liquidity & Funding
Loans / Shares	97.23%	98.63%	98.17%	100.61%	99.92%	93.32%	91.86%	94.05%	-656 bps
Liquid Assets / Assets	11.29%	6.58%	8.09%	7.25%	15.36%	16.39%	17.42%	12.13%	+488 bps