PackageTrendsPeer
Letter portraitLegal landscape

Atlantic Stewardship Bank

Midland Park, NJ · Cert 26390

FDIC · 12 branches

Q3 2019

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, not published for this institution and quartern/a

Basis

Quarter: Q3 2019, the quarter ended September 30, 2019, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

No peer standings are published for this institution and quarter.

Peer groups below the disclosure floor are suppressed.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-11

Atlantic Stewardship Bank

Midland Park, NJ · Cert 26390

FDIC · 12 branches

Q3 2019

$956.7MAssets
$764.3MLoans
$773.5MDeposits
$104.5MEquity
Loan mix
83%RE $399.9M17%C&I $83.6M0%Consumer $0.7MQ3 2018Q3 2019
Deposit mix
93%Interest-bearing $722.0M7%Noninterest $51.5MQ3 2018Q3 2019

NIM

3.46%Q3 ’173.75%Q3 ’184.02%Q3 ’19+4%0%

Non-interest income vs. expense

2.18%Q3 ’172.29%Q3 ’182.31%Q3 ’19+6%0%

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2019 SOD (annual) · 0.0% share · #84 of 187 inst. · $0.8B of $1861.3B

0.7% Bergen
1.7% Passaic
0.5% Morris

Executive Summary

  • Earnings: ROA of 0.87%, down 19 bps year over year; NIM at 3.12%.
  • Asset quality: problem loans at 0.22% of loans (+4 bps YoY), with net recoveries of 0.02%.
  • Capital: tier 1 leverage ratio of 10.87%, up 50 bps from a year ago.
  • Funding: loans stand at 98.81% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

0.87%-19 bps YoY

Net Interest Margin (YTD, annualized)

3.12%0 bps YoY

Efficiency Ratio (YTD, annualized)

65.91%+18 bps YoY

Tier 1 Leverage Ratio

10.87%+50 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets1.05%1.01%0.84%0.84%0.87%-19 bps
Return on Equity10.51%10.06%8.11%8.03%8.19%-232 bps
Net Interest Margin3.13%3.12%3.11%3.11%3.12%0 bps
Efficiency Ratio65.73%65.74%66.84%65.65%65.91%+18 bps
Non-Interest Burden1.93%1.93%1.96%1.92%1.93%-1 bps
Growth
Asset Growth (YoY)4.08%3.01%4.21%2.41%1.40%-268 bps
Loan Growth (YoY)5.31%3.04%5.51%4.80%4.84%-47 bps
Deposit Growth (YoY)6.16%2.57%1.53%-1.29%-1.73%-789 bps
Asset Quality
Nonperforming Loans / Loans0.17%0.21%0.24%0.25%0.22%+4 bps
Net Charge-Offs / Loans-0.14%-0.11%-0.01%-0.02%-0.02%+12 bps
Allowance / Loans1.08%1.08%1.07%1.11%1.09%+1 bps
Allowance Coverage of NPLs6.2x5.1x4.5x4.4x5.0x-1.2x
Capital
Tier 1 Leverage Ratio10.37%10.49%10.64%10.68%10.87%+50 bps
Total Risk-Based Capital13.47%13.54%13.46%13.32%13.50%+3 bps
Equity / Assets10.11%10.27%10.45%10.62%10.92%+80 bps
Liquidity & Funding
Loans / Deposits92.62%93.51%95.17%96.75%98.81%+619 bps
Liquid Assets / Assets6.66%6.70%6.59%6.65%5.50%-116 bps
CRE / Total Capitaln/an/an/an/an/an/an/a