Millburn, NJ · Cert 28892
FDIC · 147 branches
Q1 2022
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2021 SOD (annual) · 0.7% share · #19 of 173 inst. · $17.0B of $2606.2B
Return on Assets (quarter, annualized)
Net Interest Margin (quarter, annualized)
Efficiency Ratio (quarter, annualized)
Tier 1 Leverage Ratio
Discrete quarter, annualized.
| Metric | Q1 2021 | Q2 2021 | Q3 2021 | Q4 2021 | Q1 2022 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|
| Earnings | |||||||
| Return on Assets | 1.11% | 1.22% | 1.00% | 1.34% | -1.12% | -223 bps | |
| Return on Equity | 11.72% | 12.80% | 10.83% | 14.43% | -11.84% | -2,356 bps | |
| Net Interest Margin | 2.80% | 3.00% | 2.89% | 2.91% | 2.88% | +8 bps | |
| Efficiency Ratio | 51.73% | 51.75% | 61.92% | 51.93% | 122.72% | +7,099 bps | |
| Non-Interest Burden | 1.32% | 1.47% | 1.70% | 1.42% | 3.57% | +225 bps | |
| Growth | |||||||
| Asset Growth (YoY) | -3.37% | -1.49% | 2.68% | 6.89% | 8.46% | +1,184 bps | |
| Loan Growth (YoY) | -2.21% | -0.19% | 4.20% | 8.08% | 9.32% | +1,153 bps | |
| Deposit Growth (YoY) | 4.02% | 0.04% | 7.13% | 6.95% | 7.01% | +300 bps | |
| Asset Quality | |||||||
| Nonperforming Loans / Loans | 0.41% | 0.37% | 0.36% | 0.47% | 0.49% | +8 bps | |
| Net Charge-Offs / Loans | -0.03% | -0.02% | 0.00% | 0.03% | -0.02% | +2 bps | |
| Allowance / Loans | 1.36% | 1.26% | 1.20% | 1.07% | 1.06% | -30 bps | |
| Allowance Coverage of NPLs | 3.3x | 3.4x | 3.4x | 2.3x | 2.2x | -1.2x | |
| Capital | |||||||
| Tier 1 Leverage Ratio | 9.40% | 9.39% | 9.02% | 8.99% | 9.09% | -32 bps | |
| Total Risk-Based Capital | 13.26% | 12.92% | 12.54% | 12.42% | 12.43% | -83 bps | |
| Equity / Assets | 9.68% | 9.32% | 9.23% | 9.35% | 9.51% | -18 bps | |
| Liquidity & Funding | |||||||
| Loans / Deposits | 108.31% | 108.12% | 105.47% | 106.67% | 110.64% | +234 bps | |
| Liquid Assets / Assets | 4.78% | 6.73% | 6.59% | 6.35% | 6.59% | +181 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a |