Totowa, NJ · Cert 26480
FDIC
Q2 2008
Board Package
Performance Trends and Peer Comparison
Quarter: Q2 2008, the quarter ended June 30, 2008, 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.
Totowa, NJ · Cert 26480
FDIC
Q2 2008
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 | Q3 2006 | Q4 2006 | Q1 2007 | Q2 2007 | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 1.32% | 0.82% | 0.85% | 1.21% | 1.11% | 1.01% | 0.87% | 0.70% | -52 bps | |
| Return on Equity | 13.73% | 8.64% | 9.31% | 13.24% | 12.03% | 10.88% | 9.16% | 7.29% | -595 bps | |
| Net Interest Margin | 3.83% | 3.67% | 3.47% | 3.39% | 3.39% | 3.38% | 3.51% | 3.54% | +15 bps | |
| Efficiency Ratio | 58.18% | 60.65% | 65.93% | 62.31% | 61.81% | 62.31% | 64.62% | 65.93% | +362 bps | |
| Non-Interest Burden | 1.98% | 2.00% | 2.09% | 1.90% | 1.87% | 1.89% | 2.06% | 2.15% | +25 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 60.20% | 68.11% | 8.69% | 10.05% | 9.46% | 2.98% | 2.51% | -0.47% | -1,052 bps | |
| Loan Growth (YoY) | 73.07% | 70.81% | 12.32% | 9.83% | 12.81% | 11.26% | 8.28% | 6.39% | -344 bps | |
| Deposit Growth (YoY) | 69.60% | 66.70% | 7.18% | 9.39% | 7.19% | 3.09% | -1.24% | -6.15% | -1,553 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 | 0.03% | 0.02% | 0.03% | 0.02% | 0.07% | 0.05% | 0.09% | 0.06% | +4 bps | |
| Allowance / Loans | 1.40% | 1.39% | 1.37% | 1.39% | 1.37% | 1.39% | 1.40% | 1.41% | +2 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 | 11.83% | 11.09% | 11.03% | 11.29% | 11.15% | 11.22% | 11.07% | 11.18% | -10 bps | |
| Equity / Assets | 9.91% | 9.09% | 9.08% | 9.35% | 9.42% | 9.64% | 9.43% | 9.64% | +29 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 98.99% | 99.01% | 98.39% | 99.94% | 104.19% | 106.85% | 107.86% | 113.29% | +1,335 bps | |
| Liquid Assets / Assets | 6.08% | 6.63% | 4.36% | 3.67% | 2.65% | 1.82% | 1.65% | 1.55% | -212 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |