Forked River, NJ · Cert 21002
FDIC
Q1 2004
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2004, the quarter ended March 31, 2004, 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.
Forked River, NJ · Cert 21002
FDIC
Q1 2004
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 | Q2 2002 | Q3 2002 | Q4 2002 | Q1 2003 | Q2 2003 | Q3 2003 | Q4 2003 | Q1 2004 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.37% | 1.34% | 1.37% | 1.47% | 1.44% | 1.54% | 1.62% | 2.07% | +60 bps | |
| Return on Equity | 22.80% | 22.24% | 22.42% | 24.04% | 24.89% | 26.17% | 27.24% | 32.14% | +810 bps | |
| Net Interest Margin | 3.56% | 3.43% | 3.33% | 3.71% | 3.43% | 3.35% | 3.47% | 4.47% | +76 bps | |
| Efficiency Ratio | 50.74% | 51.55% | 50.10% | 45.39% | 46.24% | 43.66% | 42.25% | 32.17% | -1,322 bps | |
| Non-Interest Burden | 1.39% | 1.39% | 1.30% | 1.27% | 1.23% | 1.12% | 1.11% | 0.96% | -32 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 35.93% | 35.21% | 29.74% | 25.11% | 30.60% | 25.16% | 31.17% | 28.58% | +347 bps | |
| Loan Growth (YoY) | 21.22% | 22.65% | 22.66% | 23.18% | 19.29% | 18.71% | 25.34% | 26.81% | +363 bps | |
| Deposit Growth (YoY) | 36.62% | 35.17% | 29.14% | 24.85% | 31.41% | 25.71% | 28.45% | 26.96% | +211 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Net Charge-Offs / Loans | 0.07% | 0.06% | 0.06% | 0.06% | 0.06% | 0.08% | 0.06% | 0.03% | -3 bps | |
| Allowance / Loans | 1.24% | 1.22% | 1.21% | 1.21% | 1.23% | 1.22% | 1.17% | 1.21% | 0 bps | |
| Allowance Coverage of NPLs | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Total Risk-Based Capital | 12.63% | 12.87% | 12.98% | 12.05% | 11.19% | 13.11% | 13.20% | 13.62% | +158 bps | |
| Equity / Assets | 6.09% | 6.14% | 6.34% | 5.90% | 5.23% | 6.07% | 6.14% | 6.75% | +85 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 37.37% | 35.63% | 37.42% | 36.88% | 33.93% | 33.65% | 36.52% | 36.84% | -4 bps | |
| Liquid Assets / Assets | 8.61% | 7.06% | 5.66% | 4.28% | 2.92% | 12.53% | 14.11% | 17.52% | +1,324 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |