Livingston, NJ · Cert 26267
FDIC
Q1 2005
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2005, the quarter ended March 31, 2005, 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.
Livingston, NJ · Cert 26267
FDIC
Q1 2005
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 2003 | Q3 2003 | Q4 2003 | Q1 2004 | Q2 2004 | Q3 2004 | Q4 2004 | Q1 2005 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.86% | 0.90% | 0.91% | 0.99% | 0.96% | 0.97% | 0.86% | 0.87% | -12 bps | |
| Return on Equity | 12.93% | 13.52% | 13.57% | 14.09% | 13.58% | 13.40% | 11.75% | 11.41% | -268 bps | |
| Net Interest Margin | 3.96% | 3.89% | 4.08% | 4.23% | 4.33% | 4.36% | 4.25% | 3.85% | -39 bps | |
| Efficiency Ratio | 60.96% | 60.52% | 59.80% | 61.57% | 62.94% | 62.65% | 66.52% | 64.38% | +281 bps | |
| Non-Interest Burden | 2.35% | 2.29% | 2.37% | 2.54% | 2.66% | 2.66% | 2.77% | 2.33% | -20 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 30.10% | 24.87% | 9.79% | 6.70% | 3.93% | -2.20% | 3.59% | 1.93% | -477 bps | |
| Loan Growth (YoY) | 43.97% | 27.65% | 12.91% | 8.40% | -2.31% | -7.01% | -11.66% | -11.77% | -2,017 bps | |
| Deposit Growth (YoY) | 24.05% | 18.99% | 12.68% | 10.79% | 4.92% | -3.90% | 0.91% | 1.61% | -918 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 | 0.01% | 0.00% | 0.08% | 0.03% | 0.05% | 0.05% | 0.04% | -0.04% | -7 bps | |
| Allowance / Loans | 1.06% | 1.12% | 1.14% | 1.17% | 1.22% | 1.30% | 1.34% | 1.37% | +20 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 | 10.42% | 10.63% | 10.92% | 11.35% | 11.80% | 12.56% | 12.67% | 13.22% | +188 bps | |
| Equity / Assets | 6.58% | 6.59% | 6.88% | 7.23% | 7.14% | 7.71% | 7.46% | 7.79% | +56 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 94.09% | 91.60% | 93.08% | 92.39% | 87.60% | 88.63% | 81.48% | 80.23% | -1,216 bps | |
| Liquid Assets / Assets | 1.03% | 0.54% | 0.58% | 0.55% | 0.52% | 0.58% | 5.72% | 5.07% | +452 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |