Peoples Federal Savings Bank

Brighton, MA · Cert 29861

FDIC · 8 branches

Q4 2014

$596.0MAssets

$484.9MLoans

$438.8MDeposits

$93.4MEquity

Loan mix

Deposit mix

NIM

Market Position · Boston-Cambridge-Newton, MA-NH · 2014 SOD (annual) · 0.1% share · #45 of 145 inst. · $0.4B of $305.8B

0.2% Suffolk

0.5% Norfolk

Earnings: ROA of 0.66%, unchanged from a year ago; NIM at 2.92%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 110.50% of deposits as of Q4 2014.

Return on Assets (YTD, annualized)

0.66%0 bps YoY

Net Interest Margin (YTD, annualized)

2.92%+9 bps YoY

Efficiency Ratio (YTD, annualized)

64.64%-113 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2013	Q1 2014	Q2 2014	Q3 2014	Q4 2014	YoY Δ	Trend
Earnings
Return on Assets	0.66%	0.68%	0.69%	0.70%	0.66%	0 bps
Return on Equity	4.40%	4.50%	4.55%	4.59%	4.33%	-8 bps
Net Interest Margin	2.84%	2.95%	2.93%	2.90%	2.92%	+9 bps
Efficiency Ratio	65.77%	66.26%	65.46%	64.70%	64.64%	-113 bps
Non-Interest Burden	1.76%	1.86%	1.83%	1.78%	1.80%	+3 bps
Growth
Asset Growth (YoY)	1.84%	3.94%	5.51%	2.79%	1.47%	-36 bps
Loan Growth (YoY)	3.92%	8.92%	8.76%	4.43%	2.20%	-172 bps
Deposit Growth (YoY)	-2.80%	-1.05%	0.37%	0.86%	0.86%	+366 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.01%	-0.01%	0.00%	0.00%	0.00%	-2 bps
Allowance / Loans	0.85%	0.82%	0.81%	0.82%	0.83%	-2 bps
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	25.00%	24.48%	24.51%	25.34%	25.89%	+89 bps
Equity / Assets	15.17%	15.03%	15.10%	15.40%	15.68%	+50 bps
Liquidity & Funding
Loans / Deposits	109.05%	111.55%	112.20%	110.63%	110.50%	+145 bps
Liquid Assets / Assets	10.95%	10.26%	10.34%	10.42%	11.13%	+18 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a