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 ’012.82%Q3 ’012.97%Q3 ’02-42%+55%

Non-interest income vs. expense

1.41%Q1 ’010.95%Q3 ’014.05%Q3 ’02-151%+405%

Executive Summary

  • Earnings: ROA of 0.04%, down 231 bps year over year; NIM at 1.88%.
  • Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.38%.
  • Funding: loans stand at 237.80% of deposits as of Q3 2002.

Financial Results

Return on Assets (quarter, annualized)

0.04%1-231 bps YoY

Net Interest Margin (quarter, annualized)

1.88%+67 bps YoY

Efficiency Ratio (quarter, annualized)

82.65%+4,462 bps YoY

Tier 1 Leverage Ratio

n/a

Discrete quarter, annualized.

MetricQ3 2001Q4 2001Q1 2002Q2 2002Q3 2002YoY ΔTrend
Earnings
Return on Assets2.34%-1.77%-2.34%-0.47%0.04%1-231 bps
Return on Equity11.55%-9.16%-12.23%-2.58%0.18%-1,137 bps
Net Interest Margin1.21%1.94%2.72%2.19%1.88%+67 bps
Efficiency Ratio38.03%34.49%71.83%88.24%82.65%+4,462 bps
Non-Interest Burden-0.34%0.15%1.56%1.80%1.03%+136 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 / Loans0.00%0.00%12.30%0.72%0.38%+38 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