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 ’016.46%Q3 ’015.49%Q3 ’02+6%+1%

Non-interest income vs. expense

2.45%Q1 ’012.99%Q3 ’012.01%Q3 ’02+17%-48%

Executive Summary

  • Earnings: ROA of 1.26%, up 95 bps year over year; NIM at 3.10%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.49%.
  • Funding: loans stand at 81.71% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

1.26%+95 bps YoY

Net Interest Margin (quarter, annualized)

3.10%+2 bps YoY

Efficiency Ratio (quarter, annualized)

51.51%-2,826 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets0.31%0.52%0.93%0.97%1.26%+95 bps
Return on Equity2.35%4.00%7.46%7.86%9.67%+732 bps
Net Interest Margin3.08%3.13%3.01%2.90%3.10%+2 bps
Efficiency Ratio79.77%65.27%57.17%52.99%51.51%-2,826 bps
Non-Interest Burden2.32%1.79%1.42%1.20%1.21%-111 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 / Loans0.15%0.51%0.34%0.39%0.49%+34 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