HPC Federal Credit Union

Woodbury, NJ · Charter 15027

Q4 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: Q4 1998, the quarter ended December 31, 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.

Woodbury, NJ · Charter 15027

Q4 1998

$545KAssets

$259KLoans

$487KShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.64%-171 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	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.89%	4.10%	3.60%	5.34%	3.74%	4.11%	3.54%	3.64%	-171 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	n/a	4.52%	-14.73%	-6.57%	-17.92%	-23.15%	-3.43%	+1,130 bps
Loan Growth (YoY)	n/a	n/a	51.29%	-14.58%	-33.31%	-30.54%	-32.18%	-24.80%	-1,021 bps
Share Growth (YoY)	n/a	n/a	3.52%	-17.40%	-8.49%	-20.32%	-25.96%	-4.32%	+1,308 bps
Asset Quality
Delinquent Loans / Loans	0.45%	0.00%	0.27%	2.17%	2.09%	1.88%	3.91%	1.31%	-86 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	1.59%	1.96%	2.74%	2.75%	1.22%	2.27%	3.34%	3.87%	+112 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	84.26%	65.68%	58.23%	67.58%	61.40%	57.25%	53.33%	53.12%	-1,446 bps
Liquid Assets / Assets	10.91%	37.45%	29.77%	38.29%	41.13%	46.89%	47.15%	48.79%	+1,050 bps