Strathmore Paper Co. Employees

Westfield, MA · Charter 19970

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.

Westfield, MA · Charter 19970

Q2 1996

$255KAssets

$143KLoans

$228KShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.86%-209 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	2.95%	3.67%	2.68%	-1.91%	0.86%	-209 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	-34.35%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-20.02%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-34.52%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	1.04%	7.09%	12.58%	7.50%	5.65%	+461 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.32%	2.31%	2.68%	3.31%	3.94%	+162 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	51.34%	57.05%	55.12%	57.13%	62.72%	+1,137 bps
Liquid Assets / Assets	36.23%	43.21%	42.97%	42.58%	39.22%	+299 bps