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Oritani Savings Bank

Hackensack, NJ · Cert 28866

FDIC · 27 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

Oritani Savings Bank

Hackensack, NJ · Cert 28866

FDIC · 27 branches

Q3 2019

$4.0BAssets
$3.4BLoans
$3.0BDeposits
$496.0MEquity
Loan mix
99%RE $2.2B1%C&I $0.0B0%Consumer $0.0BQ3 2018Q3 2019
Deposit mix
94%Interest-bearing $2.8B6%Noninterest $0.2BQ3 2018Q3 2019

NIM

3.60%Q3 ’173.74%Q3 ’183.92%Q3 ’19+1%-7%

Non-interest income vs. expense

1.33%Q3 ’171.01%Q3 ’180.94%Q3 ’19+67%-9%

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2019 SOD (annual) · 0.2% share · #49 of 187 inst. · $3.0B of $1861.3B

4.6% Bergen
0.5% Hudson
0.7% Passaic
0.2% Essex

Executive Summary

  • Earnings: ROA of 1.23%, down 7 bps year over year; NIM at 2.46%.
  • Asset quality: problem loans at 0.18% of loans (-7 bps YoY), with net charge-offs at 0.00%.
  • Capital: tier 1 leverage ratio of 12.37%, up 63 bps from a year ago.
  • Funding: loans stand at 116.29% of deposits as of Q3 2019.

Financial Results

Return on Assets (YTD, annualized)

1.23%-7 bps YoY

Net Interest Margin (YTD, annualized)

2.46%-18 bps YoY

Efficiency Ratio (YTD, annualized)

36.67%-41 bps YoY

Tier 1 Leverage Ratio

12.37%+63 bps YoY

Year to date, annualized, through each quarter.

MetricQ3 2018Q4 2018Q1 2019Q2 2019Q3 2019YoY ΔTrend
Earnings
Return on Assets1.30%1.30%1.21%1.23%1.23%-7 bps
Return on Equity10.84%10.81%10.02%10.24%10.13%-71 bps
Net Interest Margin2.64%2.65%2.39%2.43%2.46%-18 bps
Efficiency Ratio37.08%36.77%37.36%37.13%36.67%-41 bps
Non-Interest Burden0.92%0.90%0.83%0.84%0.84%-8 bps
Growth
Asset Growth (YoY)-0.22%-0.79%-1.63%-2.32%-2.95%-274 bps
Loan Growth (YoY)-1.72%-2.90%-2.02%-1.44%-2.29%-57 bps
Deposit Growth (YoY)0.19%-1.46%-1.74%0.19%0.46%+27 bps
Asset Quality
Nonperforming Loans / Loans0.26%0.30%0.28%0.28%0.18%-7 bps
Net Charge-Offs / Loans-0.01%-0.01%0.01%0.00%0.00%+1 bps
Allowance / Loans0.81%0.82%0.81%0.81%0.83%+2 bps
Allowance Coverage of NPLs3.2x2.7x2.9x2.9x4.5x+1.4x
Capital
Tier 1 Leverage Ratio11.74%12.25%11.59%11.90%12.37%+63 bps
Total Risk-Based Capital14.05%14.52%13.75%14.15%14.79%+73 bps
Equity / Assets12.07%12.38%11.69%11.92%12.44%+36 bps
Liquidity & Funding
Loans / Deposits119.56%119.82%120.14%119.25%116.29%-326 bps
Liquid Assets / Assets8.08%8.54%8.30%8.35%8.24%+16 bps
CRE / Total Capitaln/an/an/an/an/an/an/a