PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Cayuga Bank

Auburn, NY · Cert 15956

FDIC

Q3 2002

$611.3MAssets
$384.3MLoans
$470.3MDeposits
$82.6MEquity
Loan mix
86%RE $285.5M13%C&I $45.0M1%Consumer $2.7MQ3 2001Q3 2002
Deposit mix
91%Interest-bearing $429.2M9%Noninterest $41.1MQ3 2001Q3 2002

NIM

6.71%Q1 ’016.66%Q3 ’015.60%Q3 ’02+3%+0%

Non-interest income vs. expense

2.45%Q1 ’012.60%Q3 ’012.02%Q3 ’02+2%-37%

Executive Summary

  • Earnings: ROA of 1.06%, up 64 bps year over year; NIM at 3.01%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.41%.
  • Funding: loans stand at 81.71% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

1.06%+64 bps YoY

Net Interest Margin (YTD, annualized)

3.01%+1 bps YoY

Efficiency Ratio (YTD, annualized)

53.83%-1,868 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.43%0.45%0.93%0.96%1.06%+64 bps
Return on Equityn/an/a7.46%7.65%8.34%n/a
Net Interest Margin3.01%3.08%3.01%2.90%3.01%+1 bps
Efficiency Ratio72.52%70.62%57.17%55.07%53.83%-1,868 bps
Non-Interest Burden2.02%1.99%1.42%1.28%1.28%-74 bps
Growth
Asset Growth (YoY)26.11%-2.89%1.21%2.50%-0.37%-2,648 bps
Loan Growth (YoY)22.23%-8.00%-11.43%-11.12%-10.70%-3,294 bps
Deposit Growth (YoY)22.24%-3.30%3.38%6.35%1.96%-2,028 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans0.21%0.29%0.34%0.37%0.41%+21 bps
Allowance / Loans0.95%1.02%1.05%1.10%1.16%+20 bps
Allowance Coverage of NPLsn/an/an/an/an/an/an/a
Capital
Tier 1 Leverage Ration/an/an/an/an/an/an/a
Total Risk-Based Capital11.50%11.50%10.52%11.49%12.26%+76 bps
Equity / Assets13.14%12.72%12.19%12.58%13.51%+37 bps
Liquidity & Funding
Loans / Deposits93.30%90.80%79.86%78.55%81.71%-1,159 bps
Liquid Assets / Assets0.00%0.00%0.01%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a