Riverside Bank

Poughkeepsie, NY · Cert 27181

FDIC · 4 branches

Q3 2014

$231.6MAssets

$200.3MLoans

$203.4MDeposits

$26.8MEquity

Loan mix

Deposit mix

NIM

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2014 SOD (annual) · 0.0% share · #148 of 226 inst. · $0.2B of $1405.9B

3.2% Dutchess

0.9% Orange

Earnings: ROA of 0.94%, up 18 bps year over year; NIM at 3.88%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 0.42%.
Funding: loans stand at 98.48% of deposits as of Q3 2014.

Return on Assets (YTD, annualized)

0.94%+18 bps YoY

Net Interest Margin (YTD, annualized)

3.88%-2 bps YoY

Efficiency Ratio (YTD, annualized)

56.96%-372 bps YoY

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q3 2013	Q4 2013	Q1 2014	Q2 2014	Q3 2014	YoY Δ	Trend
Earnings
Return on Assets	0.76%	0.83%	0.83%	0.84%	0.94%	+18 bps
Return on Equity	6.94%	7.48%	7.32%	7.29%	8.15%	+120 bps
Net Interest Margin	3.91%	3.94%	3.98%	3.54%	3.88%	-2 bps
Efficiency Ratio	60.67%	60.63%	59.97%	60.04%	56.96%	-372 bps
Non-Interest Burden	2.24%	2.25%	2.27%	2.03%	2.08%	-16 bps
Growth
Asset Growth (YoY)	5.43%	-2.48%	6.32%	3.77%	5.99%	+57 bps
Loan Growth (YoY)	2.65%	6.57%	6.91%	9.02%	12.08%	+943 bps
Deposit Growth (YoY)	5.03%	-3.54%	6.06%	3.08%	5.54%	+50 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	0.00%	0.00%	0.00%	0 bps
Net Charge-Offs / Loans	0.36%	0.33%	-0.06%	0.45%	0.42%	+6 bps
Allowance / Loans	1.50%	1.40%	1.52%	1.34%	1.31%	-19 bps
Allowance Coverage of NPLs	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
Total Risk-Based Capital	14.36%	14.08%	14.35%	14.16%	14.16%	-20 bps
Equity / Assets	11.24%	11.34%	11.39%	11.67%	11.59%	+35 bps
Liquidity & Funding
Loans / Deposits	92.73%	95.62%	94.86%	98.81%	98.48%	+575 bps
Liquid Assets / Assets	4.17%	1.91%	4.70%	1.38%	3.59%	-58 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a