Buffalo Market Workers

Buffalo, NY · Charter 3366

Q2 1999

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 1999, the quarter ended June 30, 1999, 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.

Buffalo, NY · Charter 3366

Q2 1999

$307KAssets

$125KLoans

$216KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-0.38%-222 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	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	0.97%	1.96%	2.38%	1.84%	2.24%	1.63%	1.88%	-0.38%	-222 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	2.02%	4.45%	-4.70%	-2.33%	-5.92%	-32.74%	-20.48%	-1,578 bps
Loan Growth (YoY)	n/a	23.57%	5.52%	-17.43%	-13.41%	-18.42%	-19.60%	-33.34%	-1,591 bps
Share Growth (YoY)	n/a	2.69%	4.97%	-5.05%	-3.52%	-6.95%	-35.77%	-38.95%	-3,391 bps
Asset Quality
Delinquent Loans / Loans	1.08%	0.00%	0.19%	0.73%	1.50%	1.06%	0.36%	2.45%	+173 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	1.41%	1.45%	1.63%	1.87%	1.65%	1.78%	1.16%	1.06%	-81 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	65.59%	64.81%	60.34%	52.94%	58.87%	56.82%	75.52%	57.80%	+486 bps
Liquid Assets / Assets	33.77%	31.33%	39.40%	39.29%	38.90%	41.84%	24.83%	47.08%	+779 bps