Flatbush Federal Savings and Loan Association

New York, NY · Cert 29435

FDIC

Q3 2012

$137.4MAssets

$84.3MLoans

$112.7MDeposits

$17.7MEquity

Deposit mix

Executive Summary

Earnings: ROA of 3.47%, up 413 bps year over year; NIM at 3.26%.
Asset quality: problem loans at 0.00% of loans (0 bps YoY), with net charge-offs at 2.26%.
Funding: loans stand at 74.87% of deposits as of Q3 2012.

Return on Assets (YTD, annualized)

3.47%+413 bps YoY

Net Interest Margin (YTD, annualized)

3.26%

Efficiency Ratio (YTD, annualized)

45.22%

Tier 1 Leverage Ratio

n/a

Year to date, annualized, through each quarter.

Metric	Q4 2010	Q1 2011	Q2 2011	Q3 2011	Q4 2011	Q1 2012	Q2 2012	Q3 2012	YoY Δ	Trend
Earnings
Return on Assets	0.31%	0.15%	-1.00%	-0.66%	-0.38%	13.39%	5.79%	3.47%	+413 bps
Return on Equity	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Net Interest Margin	n/a	n/a	n/a	n/a	n/a	3.24%	3.16%	3.26%	n/a
Efficiency Ratio	n/a	n/a	n/a	n/a	n/a	12.58%	31.88%	45.22%	n/a
Non-Interest Burden	n/a	n/a	n/a	n/a	n/a	-21.46%	-7.59%	-3.36%	n/a
Growth
Asset Growth (YoY)	-5.68%	-7.67%	-8.76%	-3.74%	-2.92%	0.37%	2.28%	-4.79%	-105 bps
Loan Growth (YoY)	-3.94%	-7.94%	-9.37%	-10.06%	-10.54%	-12.44%	-12.18%	-14.85%	-479 bps
Deposit Growth (YoY)	1.55%	-0.33%	-6.49%	-4.04%	-2.06%	1.47%	3.56%	-1.98%	+207 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	n/a	n/a	n/a	n/a	n/a	5.98%	3.25%	2.26%	n/a
Allowance / Loans	n/a	n/a	n/a	n/a	n/a	1.17%	1.22%	1.30%	n/a
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	n/a	n/a	n/a	n/a	n/a	25.60%	24.90%	25.44%	n/a
Equity / Assets	n/a	n/a	n/a	n/a	n/a	12.85%	12.64%	12.91%	n/a
Liquidity & Funding
Loans / Deposits	90.43%	88.95%	88.30%	86.19%	82.60%	76.76%	74.88%	74.87%	-1,132 bps
Liquid Assets / Assets	0.00%	0.00%	0.00%	0.00%	0.00%	21.18%	22.11%	23.63%	+2,363 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a