PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Industrial Bank of Japan Trust Company, The

New York, NY · Cert 21844

FDIC

Q3 2002

$2.6BAssets
$1.2BLoans
$518.2MDeposits
$621.1MEquity
Deposit mix
78%Interest-bearing $402.9M22%Noninterest $115.3MQ3 2001Q3 2002

NIM

6.45%Q1 ’013.51%Q3 ’013.75%Q3 ’02-36%+77%

Non-interest income vs. expense

1.41%Q1 ’011.07%Q3 ’013.44%Q3 ’02-40%+291%

Executive Summary

  • Earnings: ROA of -0.90%, down 194 bps year over year; NIM at 2.37%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 8.52%.
  • Funding: loans stand at 237.80% of deposits as of Q3 2002.

Financial Results

Return on Assets (YTD, annualized)

-0.90%-194 bps YoY

Net Interest Margin (YTD, annualized)

2.37%+103 bps YoY

Efficiency Ratio (YTD, annualized)

80.73%+2,755 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 Assets1.05%0.36%-2.34%-1.34%-0.90%-194 bps
Return on Equityn/an/a-12.23%-7.13%-4.50%n/a
Net Interest Margin1.33%2.06%2.72%2.32%2.37%+103 bps
Efficiency Ratio53.17%49.00%71.83%79.53%80.73%+2,755 bps
Non-Interest Burden0.40%0.50%1.56%1.60%1.55%+115 bps
Growth
Asset Growth (YoY)-24.09%-28.01%88.94%114.39%19.41%+4,350 bps
Loan Growth (YoY)-13.59%-6.83%81.70%72.84%4.22%+1,780 bps
Deposit Growth (YoY)-91.02%-96.48%208%448%294%+38,536 bps
Asset Quality
Nonperforming Loans / Loans0.00%0.00%0.00%0.00%0.00%0 bps
Net Charge-Offs / Loans-0.01%0.00%12.30%7.40%8.52%+853 bps
Allowance / Loansn/an/an/an/an/an/an/a
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 Capital26.64%27.52%22.18%24.00%39.04%+1,240 bps
Equity / Assetsn/an/an/an/an/an/an/a
Liquidity & Funding
Loans / Deposits900%2616%644%378%238%-66,199 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0 bps
CRE / Total Capitaln/an/an/an/an/an/an/a