Commerce Bank/Central, National Association

Flemington, NJ · Cert 32856

FDIC

Q1 2001

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: Q1 2001, the quarter ended March 31, 2001, 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.

Flemington, NJ · Cert 32856

FDIC

Q1 2001

$487.0MAssets

$267.5MLoans

$453.9MDeposits

$31.3MEquity

Loan mix

Deposit mix

Earnings: ROA of -0.53%, down 129 bps year over year; NIM at 3.54%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.07%.
Funding: loans stand at 58.92% of deposits as of Q1 2001.

Return on Assets (YTD, annualized)

-0.53%-129 bps YoY

Net Interest Margin (YTD, annualized)

3.54%

n/a

Efficiency Ratio (YTD, annualized)

105.37%

n/a

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1999	Q3 1999	Q4 1999	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	YoY Δ	Trend
Earnings
Return on Assets	1.23%	1.38%	1.16%	0.76%	0.68%	0.58%	0.54%	-0.53%	-129 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	3.54%	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	105.37%	n/a	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	n/a	n/a	3.76%	n/a	n/a
Growth
Asset Growth (YoY)	8.56%	5.01%	-1.68%	-7.78%	11.89%	18.48%	37.74%	55.48%	+6,326 bps
Loan Growth (YoY)	28.11%	15.99%	-6.10%	-5.37%	-6.69%	-1.48%	24.44%	27.97%	+3,335 bps
Deposit Growth (YoY)	0.19%	-12.67%	-16.93%	-7.52%	18.78%	37.71%	54.49%	60.12%	+6,763 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	0.07%	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a	1.47%	n/a	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	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	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	10.30%	n/a	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	n/a	n/a	6.42%	n/a	n/a
Liquidity & Funding
Loans / Deposits	77.92%	86.00%	75.05%	73.72%	61.21%	61.53%	60.45%	58.92%	-1,480 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.79%	+79 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a