Inner-Tite Employees

Holden, MA · Charter 8696

Q4 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: Q4 1997, the quarter ended December 31, 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.

Holden, MA · Charter 8696

Q4 1997

$200KAssets

$112KLoans

$156KShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.08%+127 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 1994	Q4 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	YoY Δ	Trend
Earnings
Return on Assets	2.83%	2.70%	2.98%	2.81%	3.71%	4.06%	4.48%	4.08%	+127 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	n/a	n/a	n/a	-10.65%	-25.87%	-16.20%	-18.51%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	-4.73%	-30.43%	-46.82%	-47.12%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	-13.16%	-21.83%	-20.63%	-22.54%	n/a
Asset Quality
Delinquent Loans / Loans	0.00%	3.91%	5.17%	3.96%	6.14%	4.55%	7.78%	9.43%	+546 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	2.19%	1.77%	1.88%	2.34%	2.98%	3.84%	2.90%	3.05%	+71 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	86.70%	106.07%	103.30%	105.75%	95.11%	94.41%	69.22%	72.19%	-3,356 bps
Liquid Assets / Assets	19.91%	17.77%	8.90%	8.42%	15.71%	21.87%	22.72%	40.66%	+3,223 bps