Mutual

Philadelphia, PA · Charter 65538

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.

Philadelphia, PA · Charter 65538

Q2 1999

$1.8MAssets

$1.3MLoans

$1.5MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.49%-124 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	3.56%	2.96%	3.79%	4.72%	4.72%	4.50%	4.57%	3.49%	-124 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	2.72%	-2.88%	-3.51%	-3.59%	-7.89%	-12.38%	-12.97%	-946 bps
Loan Growth (YoY)	n/a	1.66%	1.07%	0.17%	1.66%	-1.53%	-6.32%	-21.60%	-2,176 bps
Share Growth (YoY)	n/a	3.14%	-2.77%	-4.72%	-6.14%	-12.07%	-17.43%	-17.74%	-1,303 bps
Asset Quality
Delinquent Loans / Loans	0.67%	0.23%	0.32%	0.53%	0.77%	0.17%	0.71%	1.89%	+137 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	0.82%	0.88%	1.01%	1.34%	1.69%	0.96%	2.01%	3.33%	+199 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	87.60%	85.31%	88.89%	91.87%	94.88%	95.53%	100.85%	87.57%	-430 bps
Liquid Assets / Assets	17.06%	16.66%	17.43%	18.20%	15.81%	16.18%	13.22%	20.72%	+252 bps