Southwestern Area

Lakewood, NY · Charter 7694

Q2 1999

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 1999, the quarter ended June 30, 1999, 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.

Lakewood, NY · Charter 7694

Q2 1999

$3.6MAssets

$2.0MLoans

$3.1MShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

2.98%-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 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	4.39%	4.72%	3.82%	3.93%	2.98%	-141 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)	-1.32%	0.03%	1.43%	4.60%	14.96%	+1,628 bps
Loan Growth (YoY)	-2.85%	-0.93%	2.30%	-3.07%	-3.22%	-37 bps
Share Growth (YoY)	-3.53%	-2.30%	-0.20%	3.52%	15.99%	+1,952 bps
Asset Quality
Delinquent Loans / Loans	0.35%	0.74%	0.46%	1.52%	0.60%	+25 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	0.60%	0.38%	0.43%	0.43%	0.36%	-24 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	74.92%	78.33%	70.72%	77.73%	62.51%	-1,241 bps
Liquid Assets / Assets	12.69%	10.87%	15.49%	20.96%	31.69%	+1,900 bps