Fitchburg Postal Emp.

Fitchburg, MA · Charter 67740

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.

Fitchburg, MA · Charter 67740

Q4 1997

$284KAssets

$177KLoans

$187KShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.35%+141 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	4.93%	5.55%	1.15%	2.94%	-1.61%	-1.21%	3.66%	4.35%	+141 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	-19.49%	-23.10%	-22.89%	-31.94%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-2.33%	-8.96%	-14.69%	-28.49%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-25.26%	-18.52%	-31.64%	-39.42%	n/a
Asset Quality
Delinquent Loans / Loans	0.00%	0.47%	5.53%	6.77%	0.82%	1.09%	4.25%	2.61%	-416 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	0.33%	1.09%	1.05%	1.13%	0.85%	2.33%	2.72%	0.00%	-113 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	64.37%	82.69%	80.71%	80.30%	84.12%	92.39%	100.72%	94.79%	+1,449 bps
Liquid Assets / Assets	0.59%	25.01%	27.49%	31.03%	33.75%	26.30%	31.93%	32.68%	+164 bps