H P Hood Employees

Boston, MA · Charter 12876

Q2 1999

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 1999, the quarter ended June 30, 1999, 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.

Boston, MA · Charter 12876

Q2 1999

$4.5MAssets

$3.6MLoans

$4.0MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.57%-122 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 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	5.72%	5.04%	5.65%	4.79%	4.85%	3.57%	1.58%	3.57%	-122 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)	n/a	-3.39%	-9.38%	-16.95%	-16.59%	-15.15%	-10.72%	-2.75%	+1,421 bps
Loan Growth (YoY)	n/a	-9.93%	-14.65%	-12.69%	-15.22%	-12.70%	-30.89%	-10.27%	+242 bps
Share Growth (YoY)	n/a	-6.10%	-12.63%	-20.33%	-20.11%	-17.88%	-10.76%	-3.37%	+1,696 bps
Asset Quality
Delinquent Loans / Loans	0.82%	1.15%	1.43%	1.96%	0.94%	2.16%	4.36%	2.16%	+20 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	3.07%	3.25%	3.15%	2.55%	1.97%	1.66%	1.90%	1.66%	-89 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	87.45%	83.18%	90.77%	95.23%	92.81%	88.43%	70.29%	88.43%	-679 bps
Liquid Assets / Assets	16.58%	14.93%	12.23%	13.96%	9.91%	18.54%	32.90%	18.54%	+458 bps