Twin County Grocers Employees

Edison,, NJ · Charter 23706

Q4 1998

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: Q4 1998, the quarter ended December 31, 1998, 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.

Edison,, NJ · Charter 23706

Q4 1998

$567KAssets

$370KLoans

$501KShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.75%+33 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.15%	3.42%	2.98%	2.42%	1.24%	1.97%	1.70%	2.75%	+33 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	n/a	-3.49%	-1.63%	-8.61%	-15.35%	-21.84%	-37.39%	-3,576 bps
Loan Growth (YoY)	n/a	n/a	2.51%	1.30%	-11.87%	-20.20%	-22.03%	-30.12%	-3,142 bps
Share Growth (YoY)	n/a	n/a	-4.42%	-2.03%	-9.43%	-16.54%	-23.26%	-40.29%	-3,826 bps
Asset Quality
Delinquent Loans / Loans	1.09%	0.72%	0.82%	1.54%	6.09%	0.00%	0.00%	5.05%	+351 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	2.20%	2.39%	4.25%	1.95%	1.55%	0.45%	1.87%	2.53%	+59 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	60.50%	69.08%	58.98%	63.15%	58.87%	66.05%	59.92%	73.89%	+1,074 bps
Liquid Assets / Assets	27.83%	25.03%	41.81%	35.28%	40.01%	33.46%	42.23%	26.03%	-925 bps