Astoria Federal Savings and Loan Association

Long Island City, NY · Cert 29805

FDIC · 88 branches

Q3 2017

$13.9BAssets

$9.5BLoans

$9.2BDeposits

$1.9BEquity

Loan mix

Deposit mix

NIM

Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2017 SOD (annual) · 0.5% share · #23 of 210 inst. · $9.1B of $1816.5B

4.5% Nassau

3.5% Queens

3.6% Suffolk

2.2% Kings

Earnings: ROA of 0.35%, down 22 bps year over year; NIM at 2.39%.
Asset quality: problem loans at 1.45% of loans (+145 bps YoY), with net charge-offs at 0.03%.

Return on Assets (YTD, annualized)

0.35%-22 bps YoY

Net Interest Margin (YTD, annualized)

2.39%+2 bps YoY

Efficiency Ratio (YTD, annualized)

85.48%+1,701 bps YoY

Tier 1 Leverage Ratio

12.45%+70 bps YoY

Year to date, annualized, through each quarter.

Metric	Q3 2016	Q4 2016	Q1 2017	Q2 2017	Q3 2017	YoY Δ	Trend
Earnings
Return on Assets	0.57%	0.57%	0.50%	0.55%	0.35%	-22 bps
Return on Equity	4.66%	4.57%	3.78%	4.14%	2.65%	-201 bps
Net Interest Margin	2.37%	2.40%	2.36%	2.37%	2.39%	+2 bps
Efficiency Ratio	68.47%	68.12%	72.68%	69.81%	85.48%	+1,701 bps
Non-Interest Burden	1.51%	1.52%	1.61%	1.54%	1.97%	+46 bps
Growth
Asset Growth (YoY)	-1.74%	-3.32%	-4.31%	-5.68%	-5.68%	-394 bps
Loan Growth (YoY)	-5.54%	-6.57%	-7.32%	-8.66%	-10.25%	-471 bps
Deposit Growth (YoY)	-1.37%	-2.50%	-0.80%	-0.75%	1.11%	+247 bps
Asset Quality
Nonperforming Loans / Loans	0.00%	0.00%	1.36%	1.40%	1.45%	+145 bps
Net Charge-Offs / Loans	0.04%	0.03%	0.04%	0.03%	0.03%	-1 bps
Allowance / Loans	0.82%	0.83%	0.81%	0.80%	0.83%	+1 bps
Allowance Coverage of NPLs	n/a	n/a	0.6x	0.6x	0.6x	n/a
Capital
Tier 1 Leverage Ratio	11.75%	12.09%	12.44%	12.28%	12.45%	+70 bps
Total Risk-Based Capital	22.14%	21.88%	22.89%	23.32%	24.19%	+204 bps
Equity / Assets	12.67%	13.01%	13.34%	13.21%	13.33%	+66 bps
Liquidity & Funding
Loans / Deposits	116.45%	115.15%	110.86%	109.10%	103.38%	-1,307 bps
Liquid Assets / Assets	18.53%	18.81%	19.46%	20.51%	21.91%	+338 bps
CRE / Total Capital	n/a	n/a	n/a	n/a	n/a	n/a	n/a