People's Savings Bank of Brockton

South Easton, MA · Cert 90171

FDIC

Q4 2001

$913.8MAssets

$539.9MLoans

$564.7MDeposits

$61.1MEquity

Loan mix

Deposit mix

Executive Summary

Earnings: ROA of -0.19%, down 107 bps year over year; NIM at 2.78%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net recoveries of 0.34%.
Funding: loans stand at 95.60% of deposits as of Q4 2001.

Return on Assets (quarter, annualized)

-0.19%-107 bps YoY

Net Interest Margin (quarter, annualized)

2.78%

Efficiency Ratio (quarter, annualized)

65.51%

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

Metric	Q1 2000	Q2 2000	Q3 2000	Q4 2000	Q1 2001	Q2 2001	Q3 2001	Q4 2001	YoY Δ	Trend
Earnings
Return on Assets	0.99%	0.95%	1.03%	0.88%	0.66%	0.68%	0.66%	-0.19%	-107 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	11.43%	10.64%	-2.90%	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	2.74%	3.01%	2.80%	2.78%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	65.49%	68.26%	71.54%	65.51%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	1.40%	1.45%	1.50%	1.04%	n/a
Growth
Asset Growth (YoY)	12.18%	6.78%	4.47%	-6.40%	-11.75%	-15.37%	-13.83%	-8.82%	-242 bps
Loan Growth (YoY)	1.22%	-2.61%	-2.14%	-0.69%	11.20%	2.48%	0.43%	24.43%	+2,512 bps
Deposit Growth (YoY)	23.68%	18.74%	14.39%	11.17%	0.02%	-9.00%	-6.98%	-9.86%	-2,102 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	n/a	n/a	n/a	n/a	0.04%	-0.01%	0.07%	-0.34%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	0.85%	0.90%	0.93%	0.75%	n/a
Allowance Coverage of NPLs	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Capital
Tier 1 Leverage Ratio	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Total Risk-Based Capital	n/a	n/a	n/a	n/a	13.97%	13.88%	14.31%	14.46%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	5.84%	5.97%	6.51%	6.68%	n/a
Liquidity & Funding
Loans / Deposits	73.13%	70.24%	70.25%	69.26%	81.30%	79.10%	75.84%	95.60%	+2,634 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.11%	+11 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a