New York, NY · Cert 12054
FDIC · 5 branches
Q3 2023
Board Package
Performance Trends and Peer Comparison
Quarter: Q3 2023, the quarter ended September 30, 2023, 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.
New York, NY · Cert 12054
FDIC · 5 branches
Q3 2023
Market Position · New York-Newark-Jersey City, NY-NJ · 2023 SOD (annual) · 0.2% share · #42 of 156 inst. · $5.0B of $2583.1B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q4 2021 | Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 2.82% | -0.04% | 0.34% | 0.40% | 0.74% | 0.49% | 0.69% | 0.54% | +14 bps | |
| Return on Equity | 13.02% | -0.18% | 1.43% | 1.69% | 3.14% | 2.39% | 3.31% | 2.56% | +87 bps | |
| Net Interest Margin | 3.99% | 3.91% | 4.15% | 4.26% | 3.88% | 3.48% | 3.80% | 3.92% | -35 bps | |
| Efficiency Ratio | 48.10% | 81.37% | 75.36% | 76.28% | 77.08% | 76.64% | 70.68% | 70.52% | -575 bps | |
| Non-Interest Burden | -0.80% | 3.00% | 2.84% | 3.00% | 2.73% | 2.52% | 2.46% | 2.46% | -54 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -6.69% | -4.57% | -2.34% | 1.43% | 10.77% | 22.20% | 16.14% | 10.14% | +871 bps | |
| Loan Growth (YoY) | -2.39% | 2.56% | -0.72% | -2.37% | 4.52% | 7.85% | 8.12% | 10.78% | +1,315 bps | |
| Deposit Growth (YoY) | -10.43% | -7.76% | -3.79% | 1.83% | 16.92% | 31.93% | 21.87% | 12.28% | +1,045 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 4.46% | 4.47% | 5.32% | 3.51% | 3.47% | 3.24% | 2.34% | 5.48% | +197 bps | |
| Net Charge-Offs / Loans | 0.10% | -0.01% | 0.43% | 0.73% | 0.58% | 0.15% | 0.69% | 0.44% | -29 bps | |
| Allowance / Loans | 2.04% | 2.00% | 1.88% | 1.66% | 1.76% | 1.68% | 1.51% | 1.67% | +1 bps | |
| Allowance Coverage of NPLs | 0.5x | 0.4x | 0.4x | 0.5x | 0.5x | 0.5x | 0.6x | 0.3x | -0.2x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 23.20% | 22.32% | 23.10% | 23.66% | 21.78% | 18.74% | 20.12% | 20.83% | -283 bps | |
| Total Risk-Based Capital | 23.55% | 22.69% | 22.95% | 23.00% | 22.84% | 21.65% | 22.03% | 21.58% | -142 bps | |
| Equity / Assets | 24.09% | 23.36% | 24.62% | 23.76% | 21.84% | 19.39% | 21.61% | 21.98% | -178 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.96% | 99.95% | 103.61% | 98.27% | 88.47% | 81.71% | 91.92% | 96.96% | -131 bps | |
| Liquid Assets / Assets | 11.77% | 7.09% | 3.81% | 7.33% | 14.02% | 19.34% | 11.62% | 8.57% | +124 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |