Anheuser Busch Newark Employees

Newark, NJ · Charter 8213

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.

Newark, NJ · Charter 8213

Q2 1999

$8.4MAssets

$3.8MLoans

$7.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

3.60%+15 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	Q2 1998	Q4 1998	Q2 1999	YoY Δ	Trend
Earnings
Return on Assets	3.97%	3.93%	3.62%	3.45%	3.97%	4.75%	4.50%	3.60%	+15 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	-16.67%	-14.90%	-9.59%	-9.49%	-11.62%	-5.68%	-5.23%	+436 bps
Loan Growth (YoY)	n/a	-22.74%	-22.23%	-21.59%	-21.35%	-19.56%	-13.52%	-0.89%	+2,071 bps
Share Growth (YoY)	n/a	-20.48%	-18.64%	-9.28%	-11.15%	-13.96%	-9.44%	-0.93%	+835 bps
Asset Quality
Delinquent Loans / Loans	5.39%	6.34%	6.69%	6.56%	5.16%	5.92%	3.02%	1.18%	-538 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	3.01%	3.59%	4.38%	5.35%	4.84%	5.61%	4.22%	2.32%	-303 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	56.55%	51.00%	54.99%	51.45%	50.06%	47.68%	52.51%	51.48%	+2 bps
Liquid Assets / Assets	13.95%	24.31%	22.74%	28.69%	28.69%	34.88%	27.07%	34.48%	+579 bps