Natick QM

Natick, MA · Charter 9618

Q2 1998

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 1998, the quarter ended June 30, 1998, 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.

Natick, MA · Charter 9618

Q2 1998

$1.7MAssets

$965KLoans

$1.6MShares

n/aNet Worth

Return on Assets (YTD, annualized)

1.48%-175 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 1994	Q2 1995	Q4 1995	Q2 1996	Q4 1996	Q2 1997	Q4 1997	Q2 1998	YoY Δ	Trend
Earnings
Return on Assets	2.01%	3.26%	3.15%	3.23%	2.70%	1.80%	2.50%	1.48%	-175 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	-13.87%	-5.52%	-7.73%	-0.27%	3.16%	+1,702 bps
Loan Growth (YoY)	n/a	n/a	n/a	18.63%	7.56%	-7.10%	-8.63%	-17.47%	-3,610 bps
Share Growth (YoY)	n/a	n/a	n/a	-15.78%	-12.52%	-8.86%	-0.68%	4.00%	+1,978 bps
Asset Quality
Delinquent Loans / Loans	1.71%	2.06%	4.08%	3.84%	4.68%	4.79%	5.58%	5.28%	+144 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	2.14%	1.40%	1.78%	1.76%	2.08%	1.78%	1.99%	2.32%	+56 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	63.00%	77.78%	76.58%	78.10%	77.46%	79.28%	70.46%	61.98%	-1,612 bps
Liquid Assets / Assets	31.19%	8.21%	16.42%	18.41%	24.99%	14.58%	13.76%	21.16%	+275 bps