Lowell Sun Employees

Lowell, MA · Charter 67857

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.

Lowell, MA · Charter 67857

Q4 1997

$1.1MAssets

$344KLoans

$900KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

3.32%-78 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	YoY Δ	Trend
Earnings
Return on Assets	4.10%	3.63%	3.93%	3.24%	3.32%	-78 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	n/a	n/a	n/a	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Growth
Asset Growth (YoY)	n/a	-12.12%	-10.57%	-12.77%	-6.10%	n/a
Loan Growth (YoY)	n/a	-10.48%	-8.69%	-10.49%	-30.97%	n/a
Share Growth (YoY)	n/a	-15.10%	-18.84%	-16.31%	-8.95%	n/a
Asset Quality
Delinquent Loans / Loans	1.50%	0.00%	2.76%	2.18%	1.38%	-13 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	1.35%	0.58%	0.58%	0.50%	0.58%	-77 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	50.41%	49.92%	60.43%	52.55%	38.22%	-1,219 bps
Liquid Assets / Assets	28.53%	30.58%	25.03%	50.55%	62.76%	+3,424 bps