Alger National Trust Company

Morristown, NJ · Cert 57385

FDIC

Q1 2006

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 2006, the quarter ended March 31, 2006, 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.

Morristown, NJ · Cert 57385

FDIC

Q1 2006

$6.2MAssets

n/aLoans

n/aDeposits

$5.9MEquity

Return on Assets (YTD, annualized)

2.67%+79 bps YoY

Net Interest Margin (YTD, annualized)

4.10%+193 bps YoY

Efficiency Ratio (YTD, annualized)

43.85%-1,427 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q1 2005	Q2 2005	Q3 2005	Q4 2005	Q1 2006	YoY Δ	Trend
Earnings
Return on Assets	1.88%	1.57%	1.44%	1.65%	2.67%	+79 bps
Return on Equity	1.94%	1.62%	1.50%	1.72%	2.79%	+85 bps
Net Interest Margin	2.17%	2.40%	2.63%	2.87%	4.10%	+193 bps
Efficiency Ratio	58.12%	59.42%	64.40%	59.36%	43.85%	-1,427 bps
Non-Interest Burden	-1.15%	-0.40%	0.09%	-0.07%	-0.65%	+50 bps
Growth
Asset Growth (YoY)	4.45%	4.67%	3.60%	3.01%	3.04%	-141 bps
Loan Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Deposit Growth (YoY)	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Asset Quality
Nonperforming Loans / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	n/a	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	96.98%	95.75%	96.11%	96.05%	98.32%	+133 bps
Equity / Assets	96.77%	95.60%	95.52%	95.60%	95.67%	-111 bps
Liquidity & Funding
Loans / Deposits	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a