Lighthouse Bank

Waltham, MA · Cert 35449

FDIC

Q2 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: Q2 2001, the quarter ended June 30, 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.

Waltham, MA · Cert 35449

FDIC

Q2 2001

$80.1MAssets

$53.8MLoans

$57.3MDeposits

$18.7MEquity

Deposit mix

Earnings: ROA of -8.40%, up 105 bps year over year; NIM at 2.64%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.00%.
Funding: loans stand at 94.03% of deposits as of Q2 2001.

Return on Assets (YTD, annualized)

-8.40%+105 bps YoY

Net Interest Margin (YTD, annualized)

2.64%

Efficiency Ratio (YTD, annualized)

259%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	YoY Δ	Trend
Earnings
Return on Assets	-9.45%	-8.39%	-6.27%	-3.70%	-8.40%	+105 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	2.39%	2.64%	n/a
Efficiency Ratio	n/a	n/a	n/a	322%	259%	n/a
Non-Interest Burden	n/a	n/a	n/a	7.95%	7.06%	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a	n/a	231%	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	1268%	n/a	n/a
Deposit Growth (YoY)	n/a	n/a	n/a	n/a	26779%	n/a	n/a
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	0.00%	0.00%	n/a
Allowance / Loans	n/a	n/a	n/a	0.33%	0.35%	n/a
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	n/a	n/a	n/a	57.56%	50.51%	n/a
Equity / Assets	n/a	n/a	n/a	24.59%	23.35%	n/a
Liquidity & Funding
Loans / Deposits	1847%	123.06%	63.09%	77.77%	94.03%	-175,339 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	25.92%	21.20%	+2,120 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a