Warwick

Warwick, RI · Charter 65867

Q4 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: Q4 1999, the quarter ended December 31, 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.

Warwick, RI · Charter 65867

Q4 1999

$81.1MAssets

$50.6MLoans

$71.5MShares

n/aNet Worth

Return on Assets (YTD, annualized)

0.52%-315 bps YoY

Net Interest Margin (YTD, annualized)

3.37%

Efficiency Ratio (YTD, annualized)

87.41%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q1 1998	Q2 1998	Q3 1998	Q4 1998	Q1 1999	Q2 1999	Q3 1999	Q4 1999	YoY Δ	Trend
Earnings
Return on Assets	3.88%	3.72%	3.72%	3.66%	3.70%	3.55%	0.52%	0.52%	-315 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	3.31%	3.37%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	86.83%	87.41%	n/a
Growth
Asset Growth (YoY)	7.15%	8.81%	12.32%	13.66%	10.89%	13.94%	11.93%	8.04%	-562 bps
Loan Growth (YoY)	17.19%	17.12%	15.97%	11.05%	12.05%	10.06%	9.80%	11.44%	+39 bps
Share Growth (YoY)	7.35%	9.31%	13.19%	14.71%	11.65%	15.15%	12.97%	7.18%	-753 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.03%	0.01%	0.01%	0.00%	0.04%	0.04%	0.03%	+2 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	0.49%	0.47%	0.41%	0.41%	0.38%	0.38%	0.36%	0.35%	-6 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	67.77%	68.80%	70.40%	68.09%	68.01%	65.76%	68.42%	70.79%	+270 bps
Liquid Assets / Assets	14.73%	14.71%	13.62%	14.33%	13.86%	14.55%	14.02%	9.91%	-441 bps