S & K Employees

Bensalem, PA · Charter 19925

Q2 1996

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 1996, the quarter ended June 30, 1996, 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.

Bensalem, PA · Charter 19925

Q2 1996

$300KAssets

$219KLoans

$264KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

5.69%+180 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	YoY Δ	Trend
Earnings
Return on Assets	3.89%	4.55%	4.75%	3.86%	5.69%	+180 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	n/a	n/a	2.65%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	27.59%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	0.60%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	1.30%	1.57%	2.28%	15.83%	14.09%	+1,278 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	3.42%	2.58%	2.23%	1.58%	1.49%	-193 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	65.41%	100.75%	82.95%	72.49%	82.96%	+1,755 bps
Liquid Assets / Assets	31.74%	7.04%	17.52%	25.90%	21.50%	-1,024 bps