Olean Postal

Olean, NY · Charter 60394

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.

Olean, NY · Charter 60394

Q2 1999

$815KAssets

$769KLoans

$800KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-33.66%-3,777 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	6.15%	5.39%	5.73%	4.11%	4.18%	3.36%	4.05%	-33.66%	-3,777 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	-6.14%	-4.94%	5.26%	0.33%	-4.20%	-12.54%	-34.86%	-4,012 bps
Loan Growth (YoY)	n/a	37.99%	15.55%	28.67%	28.23%	1.57%	-17.77%	-32.96%	-6,163 bps
Share Growth (YoY)	n/a	-6.52%	-8.29%	4.12%	-0.57%	-7.33%	-14.10%	-25.77%	-2,989 bps
Asset Quality
Delinquent Loans / Loans	1.44%	0.56%	5.91%	8.35%	11.12%	18.03%	16.70%	21.86%	+1,351 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	2.04%	1.75%	4.09%	3.85%	4.46%	4.08%	0.77%	20.43%	+1,659 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	84.62%	99.39%	104.04%	106.32%	109.13%	108.94%	99.60%	96.02%	-1,030 bps
Liquid Assets / Assets	14.86%	11.54%	8.28%	8.57%	8.46%	8.80%	12.98%	20.90%	+1,233 bps