Forbes Employee

Pittsburgh, PA · Charter 23443

Q2 2000

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 2000, the quarter ended June 30, 2000, 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.

Pittsburgh, PA · Charter 23443

Q2 2000

$1.1MAssets

$582KLoans

$1.0MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

1.47%+57 bps YoY

Net Interest Margin (YTD, annualized)

6.37%

Efficiency Ratio (YTD, annualized)

67.73%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	YoY Δ	Trend
Earnings
Return on Assets	0.89%	2.97%	-0.74%	-0.17%	1.47%	+57 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	6.52%	6.37%	n/a
Efficiency Ratio	n/a	n/a	n/a	60.68%	67.73%	n/a
Growth
Asset Growth (YoY)	-2.78%	-6.44%	-0.95%	2.34%	-18.25%	-1,547 bps
Loan Growth (YoY)	2.30%	0.87%	-9.07%	-16.36%	-29.93%	-3,223 bps
Share Growth (YoY)	-4.62%	-8.67%	0.02%	1.68%	-21.89%	-1,726 bps
Asset Quality
Delinquent Loans / Loans	4.49%	7.49%	5.55%	1.40%	7.17%	+268 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.69%	1.42%	1.68%	2.63%	2.75%	+6 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	64.51%	74.90%	57.48%	62.34%	57.87%	-664 bps
Liquid Assets / Assets	28.45%	29.92%	43.96%	0.96%	48.41%	+1,995 bps