Security

Philadelphia, PA · Charter 63803

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.

Philadelphia, PA · Charter 63803

Q4 1998

$139KAssets

$129KLoans

$77KShares

n/aNet Worth

Return on Assets (YTD, annualized)

2.46%-22 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	3.86%	3.40%	2.77%	2.68%	1.82%	2.54%	4.92%	2.46%	-22 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	-20.01%	-18.73%	-13.49%	-8.93%	-11.63%	-6.54%	+1,219 bps
Loan Growth (YoY)	n/a	n/a	-22.54%	-20.48%	-5.98%	-3.78%	-8.23%	-7.26%	+1,322 bps
Share Growth (YoY)	n/a	n/a	-28.61%	-26.02%	-23.16%	-18.78%	-31.96%	-26.14%	-12 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 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	2.54%	3.34%	3.83%	4.30%	4.69%	5.20%	6.03%	6.03%	+173 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	118.63%	125.52%	123.69%	132.87%	145.16%	148.69%	166.84%	166.84%	+3,397 bps
Liquid Assets / Assets	6.65%	6.22%	6.25%	6.69%	2.46%	3.49%	4.68%	5.43%	-126 bps