Bakelite Employees

Somersetook, NJ · Charter 23610

Q2 1997

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 1997, the quarter ended June 30, 1997, 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.

Somersetook, NJ · Charter 23610

Q2 1997

$20.1MAssets

$11.0MLoans

$18.8MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.71%+139 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	Q4 1996	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	3.25%	3.16%	2.32%	3.26%	3.87%	3.88%	3.71%	+139 bps
Return on Equity	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
Efficiency Ratio	n/a	n/a	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	-19.15%	-9.20%	2.77%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-0.63%	-4.90%	-2.14%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-19.80%	-9.74%	-0.06%	n/a
Asset Quality
Delinquent Loans / Loans	3.05%	3.44%	3.27%	2.65%	3.06%	1.31%	1.65%	-162 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	2.01%	1.86%	2.75%	2.57%	1.95%	1.77%	1.46%	-129 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	49.26%	55.74%	59.82%	65.45%	61.04%	58.72%	58.58%	-124 bps
Liquid Assets / Assets	23.62%	19.30%	14.86%	17.15%	20.95%	22.45%	13.51%	-135 bps