Alliance

Pawtucket, RI · Charter 67046

Q2 2000

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 2000, the quarter ended June 30, 2000, 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.

Pawtucket, RI · Charter 67046

Q2 2000

$18.0MAssets

$9.1MLoans

$13.8MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

0.62%-188 bps YoY

Net Interest Margin (YTD, annualized)

3.96%

Efficiency Ratio (YTD, annualized)

83.55%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	YoY Δ	Trend
Earnings
Return on Assets	2.50%	2.71%	2.79%	0.58%	0.62%	-188 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	4.16%	3.96%	n/a
Efficiency Ratio	n/a	n/a	n/a	86.35%	83.55%	n/a
Growth
Asset Growth (YoY)	6.15%	12.06%	18.23%	13.81%	13.12%	+698 bps
Loan Growth (YoY)	1.04%	4.16%	0.30%	5.03%	13.40%	+1,236 bps
Share Growth (YoY)	7.65%	16.22%	24.66%	18.72%	16.26%	+862 bps
Asset Quality
Delinquent Loans / Loans	0.86%	0.89%	0.90%	0.30%	0.45%	-41 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.97%	1.90%	1.98%	1.89%	1.64%	-33 bps
Capital
Risk-Based Capital	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
Liquidity & Funding
Loans / Shares	67.77%	75.51%	60.65%	71.83%	66.10%	-167 bps
Liquid Assets / Assets	39.93%	24.42%	28.73%	17.61%	25.04%	-1,488 bps