Colonial Gas Employees

Lowell, MA · Charter 21976

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.

Lowell, MA · Charter 21976

Q2 1999

$3.4MAssets

$1.4MLoans

$2.9MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.00%-126 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	4.88%	5.40%	5.24%	5.26%	5.13%	4.29%	4.68%	4.00%	-126 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	2.75%	11.90%	6.51%	-1.06%	-3.15%	-2.83%	-2.50%	-901 bps
Loan Growth (YoY)	n/a	-1.27%	-5.64%	-7.89%	-7.15%	-12.69%	-11.13%	-19.81%	-1,192 bps
Share Growth (YoY)	n/a	-0.06%	10.09%	4.44%	-4.21%	-5.82%	-5.62%	-4.83%	-927 bps
Asset Quality
Delinquent Loans / Loans	0.82%	1.58%	1.98%	1.56%	2.02%	2.73%	2.29%	1.82%	+26 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	3.76%	3.94%	2.75%	2.48%	2.46%	2.53%	3.15%	3.02%	+54 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	61.70%	61.25%	58.50%	59.06%	59.81%	56.78%	55.08%	49.76%	-930 bps
Liquid Assets / Assets	44.49%	45.29%	44.68%	46.93%	44.20%	43.19%	35.42%	46.28%	-65 bps