Middle Branch

Randolph Cen., VT · Charter 64895

Q4 1997

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 1997, the quarter ended December 31, 1997, 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.

Randolph Cen., VT · Charter 64895

Q4 1997

$102KAssets

$95KLoans

$93KShares

n/aNet Worth

Return on Assets (YTD, annualized)

-2.81%-549 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	YoY Δ	Trend
Earnings
Return on Assets	4.29%	4.78%	4.33%	2.68%	4.14%	2.98%	-2.59%	-2.81%	-549 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	n/a	n/a	7.80%	16.32%	4.84%	5.56%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	3.77%	9.59%	1.70%	-0.30%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	8.48%	11.12%	10.97%	12.13%	n/a
Asset Quality
Delinquent Loans / Loans	3.98%	6.58%	10.70%	8.97%	8.08%	15.52%	6.05%	7.09%	-188 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	1.57%	2.02%	2.11%	4.27%	4.15%	4.68%	3.84%	5.84%	+157 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	112.98%	114.90%	107.30%	115.33%	108.07%	113.32%	98.34%	102.55%	-1,278 bps
Liquid Assets / Assets	3.65%	0.01%	5.23%	0.87%	0.81%	0.52%	7.57%	6.75%	+588 bps