A D L Employees

Cambridge, MA · Charter 8437

Q2 2000

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 2000, the quarter ended June 30, 2000, 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.

Cambridge, MA · Charter 8437

Q2 2000

$5.0MAssets

$2.8MLoans

$4.3MShares

n/aNet Worth

Return on Assets (YTD, annualized)

-1.42%-525 bps YoY

Net Interest Margin (YTD, annualized)

4.03%

Efficiency Ratio (YTD, annualized)

133.37%

Net Worth / Assets

n/a

Year to date, annualized, through each quarter.

Metric	Q4 1996	Q2 1997	Q4 1997	Q2 1998	Q4 1998	Q2 1999	Q4 1999	Q2 2000	YoY Δ	Trend
Earnings
Return on Assets	4.06%	4.10%	4.06%	3.84%	4.14%	3.55%	0.58%	-1.42%	-525 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	3.78%	4.03%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	n/a	82.63%	133.37%	n/a
Growth
Asset Growth (YoY)	6.26%	12.53%	7.06%	9.89%	-1.21%	-5.38%	-11.86%	-24.84%	-3,474 bps
Loan Growth (YoY)	9.61%	10.82%	7.17%	-6.00%	-8.11%	-17.75%	-12.71%	-15.41%	-942 bps
Share Growth (YoY)	5.22%	11.93%	6.11%	9.24%	-2.91%	-7.11%	-14.35%	-27.56%	-3,680 bps
Asset Quality
Delinquent Loans / Loans	1.55%	1.21%	0.89%	1.59%	0.67%	0.62%	1.12%	0.19%	-141 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	0.75%	0.71%	0.94%	1.13%	1.02%	0.72%	0.72%	0.45%	-68 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	64.35%	61.35%	61.21%	55.36%	60.90%	54.33%	62.38%	64.64%	+928 bps
Liquid Assets / Assets	23.22%	20.33%	15.22%	24.16%	23.58%	36.60%	24.94%	2.79%	-2,137 bps