S.O.D. Employees

Romulus, NY · Charter 6523

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.

Romulus, NY · Charter 6523

Q4 1998

$3.2MAssets

$845KLoans

$2.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.67%-119 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	4.42%	5.15%	4.56%	4.86%	4.62%	3.82%	4.03%	3.67%	-119 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	-21.41%	-20.98%	-20.81%	-22.83%	-23.49%	-19.34%	+164 bps
Loan Growth (YoY)	n/a	n/a	-19.27%	-25.74%	-30.58%	-30.87%	-28.28%	-38.50%	-1,276 bps
Share Growth (YoY)	n/a	n/a	-27.49%	-27.24%	-28.03%	-29.99%	-31.29%	-26.60%	+64 bps
Asset Quality
Delinquent Loans / Loans	6.27%	3.38%	5.77%	2.47%	2.32%	13.02%	13.87%	14.32%	+1,185 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	2.28%	2.01%	3.14%	3.58%	3.66%	5.73%	7.49%	9.22%	+563 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	45.08%	45.61%	43.18%	43.97%	43.49%	45.04%	45.07%	36.84%	-713 bps
Liquid Assets / Assets	47.10%	62.08%	64.97%	63.22%	66.87%	66.89%	58.54%	61.99%	-123 bps