Morse Chain Ithaca Employees

Ithaca, NY · Charter 68610

Q1 2011

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: Q1 2011, the quarter ended March 31, 2011, 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.

Ithaca, NY · Charter 68610

Q1 2011

$5.5MAssets

$3.5MLoans

$5.1MShares

$415KNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

-1.13%

Net Interest Margin (YTD, annualized)

3.51%

Efficiency Ratio (YTD, annualized)

120.74%

Net Worth / Assets

7.48%

Year to date, annualized, through each quarter.

Metric	Q1 2011	YoY Δ	Trend
Earnings
Return on Assets	-1.13%	n/a	n/a
Return on Equity	-15.10%	n/a	n/a
Net Interest Margin	3.51%	n/a	n/a
Efficiency Ratio	120.74%	n/a	n/a
Growth
Asset Growth (YoY)	n/a	n/a	n/a
Loan Growth (YoY)	n/a	n/a	n/a
Share Growth (YoY)	n/a	n/a	n/a
Asset Quality
Delinquent Loans / Loans	2.39%	n/a	n/a
Net Charge-Offs / Loans	n/a	n/a	n/a
Allowance / Loans	1.26%	n/a	n/a
Capital
Risk-Based Capital	7.48%	n/a	n/a
Net Worth / Assets	7.48%	n/a	n/a
Liquidity & Funding
Loans / Shares	68.32%	n/a	n/a
Liquid Assets / Assets	0.00%	n/a	n/a