Hudson River

Corinth, NY · Charter 9412

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.

Corinth, NY · Charter 9412

Q4 1997

$39.9MAssets

$31.6MLoans

$34.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

4.26%-33 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	3.58%	4.13%	4.27%	4.58%	4.49%	4.51%	3.99%	4.26%	-33 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	8.52%	7.48%	14.74%	12.55%	n/a
Loan Growth (YoY)	n/a	n/a	n/a	n/a	18.54%	16.92%	14.07%	12.93%	n/a
Share Growth (YoY)	n/a	n/a	n/a	n/a	3.54%	4.80%	12.18%	10.54%	n/a
Asset Quality
Delinquent Loans / Loans	0.60%	1.07%	0.64%	1.55%	1.26%	1.27%	0.62%	0.91%	-64 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	1.10%	1.09%	0.98%	1.01%	0.93%	0.82%	0.62%	0.70%	-30 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	76.38%	86.65%	87.76%	89.42%	87.45%	96.67%	89.24%	91.35%	+193 bps
Liquid Assets / Assets	23.69%	18.24%	16.44%	17.01%	16.45%	8.03%	17.03%	14.57%	-245 bps