N.J. State Emp.

Audubon, NJ · Charter 23281

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.

Audubon, NJ · Charter 23281

Q2 1996

$4.9MAssets

$2.3MLoans

$4.9MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-3.59%-828 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	4.69%	5.46%	4.36%	2.72%	-3.59%	-828 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	-11.68%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-27.97%	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-8.65%	n/a	n/a
Asset Quality
Delinquent Loans / Loans	0.81%	0.87%	11.35%	6.82%	6.97%	+617 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.69%	2.54%	2.93%	0.96%	6.64%	+395 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	60.62%	62.41%	61.16%	53.31%	47.79%	-1,283 bps
Liquid Assets / Assets	29.58%	12.88%	15.59%	26.33%	48.07%	+1,849 bps