Howmet Alloy Employees

Dover, NJ · Charter 62688

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.

Dover, NJ · Charter 62688

Q2 1999

$111KAssets

$51KLoans

$89KShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.91%-81 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	3.82%	3.17%	3.29%	3.72%	4.33%	1.48%	1.46%	2.91%	-81 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	23.44%	20.96%	11.13%	-6.08%	-12.34%	-19.99%	-24.82%	-3,595 bps
Loan Growth (YoY)	n/a	-31.12%	-13.85%	12.99%	33.53%	10.42%	5.47%	-13.74%	-2,672 bps
Share Growth (YoY)	n/a	22.75%	21.30%	10.96%	-9.61%	-13.89%	-21.66%	-28.38%	-3,935 bps
Asset Quality
Delinquent Loans / Loans	4.00%	3.26%	2.21%	1.81%	0.40%	13.21%	8.15%	8.15%	+634 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	3.61%	4.74%	4.42%	3.86%	4.44%	8.16%	5.56%	5.56%	+171 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	44.19%	31.02%	42.57%	47.58%	65.28%	39.78%	57.31%	57.31%	+973 bps
Liquid Assets / Assets	51.33%	66.71%	53.21%	51.28%	35.37%	56.28%	0.00%	0.00%	-5,128 bps