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Audubon Savings Bank

Audubon, NJ · Cert 28191

FDIC · 3 branches

Q2 2018

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: Q2 2018, the quarter ended June 30, 2018, 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

Audubon Savings Bank

Audubon, NJ · Cert 28191

FDIC · 3 branches

Q2 2018

$150.0MAssets
$88.5MLoans
$108.2MDeposits
$9.2MEquity
Loan mix
99%RE $73.7M1%C&I $0.5M0%Consumer $0.0MQ2 2017Q2 2018
Deposit mix
89%Interest-bearing $96.3M11%Noninterest $12.0MQ2 2017Q2 2018

NIM

3.57%Q2 ’163.46%Q2 ’173.43%Q2 ’18+7%-1%

Non-interest income vs. expense

2.76%Q2 ’162.74%Q2 ’173.69%Q2 ’18-1%+40%

Market Position · Philadelphia-Camden-Wilmington, PA-NJ-DE-MD · 2018 SOD (annual) · 0.0% share · #74 of 117 inst. · $0.1B of $486.3B

0.8% Camden
0.2% Burlington

Executive Summary

  • Earnings: ROA of -0.88%, down 96 bps year over year; NIM at 2.49%.
  • Asset quality: problem loans at 0.15% of loans (-11 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 6.96%, down 13 bps from a year ago.
  • Funding: loans stand at 81.72% of deposits as of Q2 2018.

Financial Results

Return on Assets (YTD, annualized)

-0.88%-96 bps YoY

Net Interest Margin (YTD, annualized)

2.49%-4 bps YoY

Efficiency Ratio (YTD, annualized)

131.75%+3,546 bps YoY

Tier 1 Leverage Ratio

6.96%-13 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2017Q3 2017Q4 2017Q1 2018Q2 2018YoY ΔTrend
Earnings
Return on Assets0.07%0.06%-0.11%-0.14%-0.88%-96 bps
Return on Equity1.11%0.96%-1.55%-2.11%-13.45%-1,456 bps
Net Interest Margin2.53%2.53%2.52%2.47%2.49%-4 bps
Efficiency Ratio96.29%97.58%100.53%105.14%131.75%+3,546 bps
Non-Interest Burden2.42%2.46%2.54%2.61%3.38%+96 bps
Growth
Asset Growth (YoY)-7.15%-4.58%-6.83%-4.43%-8.46%-131 bps
Loan Growth (YoY)-6.00%-9.64%-8.69%-7.62%-8.78%-278 bps
Deposit Growth (YoY)0.53%-6.72%-9.25%-1.68%-6.95%-748 bps
Asset Quality
Nonperforming Loans / Loans0.26%0.24%0.17%0.89%0.15%-11 bps
Net Charge-Offs / Loans0.00%0.02%0.01%0.00%0.00%0 bps
Allowance / Loans0.80%0.83%0.85%0.86%0.87%+7 bps
Allowance Coverage of NPLs3.1x3.4x4.8x1.0x5.7x+2.6x
Capital
Tier 1 Leverage Ratio7.10%7.23%7.22%7.26%6.96%-13 bps
Total Risk-Based Capital13.12%13.62%13.73%13.86%13.29%+18 bps
Equity / Assets6.79%7.09%6.86%6.69%6.11%-68 bps
Liquidity & Funding
Loans / Deposits83.36%82.28%80.37%78.98%81.72%-164 bps
Liquid Assets / Assets2.46%2.34%3.80%5.93%4.06%+160 bps
CRE / Total Capitaln/an/an/an/an/an/an/a