Mack Employees

Middlesex, NJ · Charter 7957

Q2 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: Q2 1997, the quarter ended June 30, 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.

Middlesex, NJ · Charter 7957

Q2 1997

$855KAssets

$197KLoans

$629KShares

n/aNet Worth

NIM decomposition not available for credit unions

Non-interest trend not available for credit unions

Return on Assets (YTD, annualized)

2.41%-48 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 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	YoY Δ	Trend
Earnings
Return on Assets	2.89%	2.92%	2.38%	2.72%	2.41%	-48 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	n/a	-14.23%	-15.57%	-14.45%	n/a
Loan Growth (YoY)	n/a	n/a	-8.24%	-31.28%	-42.24%	n/a
Share Growth (YoY)	n/a	n/a	-17.16%	-18.57%	-20.43%	n/a
Asset Quality
Delinquent Loans / Loans	3.00%	1.53%	0.77%	3.51%	10.05%	+705 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Allowance / Loans	4.51%	4.69%	5.56%	5.96%	6.82%	+231 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	43.19%	36.79%	31.54%	32.56%	31.35%	-1,184 bps
Liquid Assets / Assets	11.97%	27.18%	41.13%	48.94%	73.05%	+6,108 bps