Metuchen, NJ · Cert 30099
FDIC · 2 branches
Q1 2019
Board Package
Performance Trends and Peer Comparison
Quarter: Q1 2019, the quarter ended March 31, 2019, on both parts.
Income statement: year to date as filed, annualized, on both parts.
Balance sheet: as filed at quarter end.
No peer standings are published for this institution and quarter.
Peer groups below the disclosure floor are suppressed.
Metuchen, NJ · Cert 30099
FDIC · 2 branches
Q1 2019
Market Position · New York-Newark-Jersey City, NY-NJ-PA · 2018 SOD (annual) · 0.0% share · #145 of 201 inst. · $0.2B of $1824.0B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q2 2017 | Q3 2017 | Q4 2017 | Q1 2018 | Q2 2018 | Q3 2018 | Q4 2018 | Q1 2019 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.10% | 0.05% | 0.07% | 0.30% | 0.23% | 0.22% | 0.15% | 0.25% | -5 bps | |
| Return on Equity | 0.93% | 0.46% | 0.64% | 2.88% | 2.21% | 2.06% | 1.38% | 2.14% | -74 bps | |
| Net Interest Margin | 2.46% | 2.53% | 2.56% | 2.88% | 2.89% | 2.98% | 0.72% | 3.67% | +79 bps | |
| Efficiency Ratio | 94.32% | 97.06% | 95.26% | 84.90% | 88.37% | 87.92% | 68.73% | 77.01% | -789 bps | |
| Non-Interest Burden | 2.31% | 2.45% | 2.43% | 2.41% | 2.53% | 2.59% | 0.54% | 3.10% | +69 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | -1.97% | -0.87% | -1.15% | -2.00% | -3.00% | -5.62% | -4.70% | -0.80% | +119 bps | |
| Loan Growth (YoY) | 3.50% | 3.66% | 9.90% | 11.59% | 14.09% | 16.01% | 11.85% | 9.34% | -226 bps | |
| Deposit Growth (YoY) | -1.26% | -0.07% | -0.77% | -1.63% | -2.87% | -6.03% | -5.75% | -1.58% | +5 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 0.71% | 0.83% | 0.62% | 0.17% | 0.35% | 0.34% | 0.26% | 0.25% | +8 bps | |
| Net Charge-Offs / Loans | 0.00% | 0.00% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0 bps | |
| Allowance / Loans | 0.82% | 0.81% | 0.79% | 0.77% | 0.77% | 0.77% | 0.01% | 0.05% | -72 bps | |
| Allowance Coverage of NPLs | 1.2x | 1.0x | 1.3x | 4.5x | 2.2x | 2.3x | 0.0x | 0.2x | -4.3x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 10.83% | 10.97% | 10.99% | 11.14% | 11.23% | 11.58% | 10.59% | 10.48% | -66 bps | |
| Total Risk-Based Capital | 22.93% | 22.69% | 21.13% | 20.88% | 20.47% | 20.13% | 16.84% | 16.30% | -458 bps | |
| Equity / Assets | 10.31% | 10.33% | 10.34% | 10.26% | 10.50% | 10.82% | 11.91% | 11.52% | +126 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 64.84% | 65.74% | 69.76% | 72.45% | 76.15% | 81.16% | 82.78% | 80.49% | +803 bps | |
| Liquid Assets / Assets | 7.16% | 7.87% | 6.43% | 4.54% | 3.73% | 3.60% | 18.13% | 17.32% | +1,278 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |