Medford Municipal Employees

Medford, MA · Charter 67885

Q2 1998

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 1998, the quarter ended June 30, 1998, 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.

Medford, MA · Charter 67885

Q2 1998

$4.5MAssets

$2.0MLoans

$3.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.74%+8 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 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	2.94%	3.02%	3.30%	3.66%	3.79%	3.56%	4.08%	3.74%	+8 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	-2.61%	1.67%	8.89%	4.42%	12.84%	+1,545 bps
Loan Growth (YoY)	n/a	n/a	n/a	46.05%	44.92%	39.09%	27.02%	7.53%	-3,852 bps
Share Growth (YoY)	n/a	n/a	n/a	-5.14%	-0.50%	7.88%	1.65%	11.97%	+1,711 bps
Asset Quality
Delinquent Loans / Loans	0.00%	0.18%	0.34%	0.04%	0.00%	0.76%	0.37%	0.30%	+26 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	1.25%	1.24%	1.03%	0.93%	0.86%	0.89%	0.47%	0.24%	-69 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	43.73%	43.30%	54.16%	58.54%	63.69%	55.83%	67.67%	56.22%	-232 bps
Liquid Assets / Assets	15.79%	27.26%	37.70%	39.29%	35.34%	39.52%	37.07%	41.11%	+182 bps