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Butler, NJ · Charter 6018

Q4 1998

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: Q4 1998, the quarter ended December 31, 1998, 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.

Butler, NJ · Charter 6018

Q4 1998

$967KAssets

$454KLoans

$859KShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.98%+101 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	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	YoY Δ	Trend
Earnings
Return on Assets	3.00%	2.32%	2.71%	2.97%	3.85%	3.32%	3.48%	3.98%	+101 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	n/a	-3.93%	-8.04%	-10.31%	-10.57%	-8.28%	-2.90%	+514 bps
Loan Growth (YoY)	n/a	n/a	1.91%	-12.86%	-13.03%	-9.61%	-9.70%	2.40%	+1,526 bps
Share Growth (YoY)	n/a	n/a	-4.72%	-8.73%	-9.45%	-12.76%	-9.54%	-4.53%	+421 bps
Asset Quality
Delinquent Loans / Loans	3.55%	4.72%	1.99%	2.62%	2.78%	6.03%	3.30%	16.72%	+1,410 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	3.11%	2.97%	3.40%	4.22%	4.43%	3.35%	3.86%	4.72%	+50 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	55.78%	53.42%	53.13%	49.25%	53.58%	55.35%	53.04%	52.82%	+357 bps
Liquid Assets / Assets	13.02%	28.52%	36.97%	31.79%	47.11%	31.51%	24.02%	45.30%	+1,350 bps